Gas prices rise on strong demand, higher oil prices
Gas prices rose 14 cents over the past week
Biden would veto House GOP bill restricting president's ability to draw from strategic petroleum reserve
President Biden would veto a bill being pushed by House Republicans that would limit his ability to draw from the Strategic Petroleum Reserve, the White House said Monday.
American Gas Association fires back on potential gas stove ban: 'Not substantiated by sound science'
The American Gas Association pushed back against a potential gas ban calling the removal of the appliance "reckless" and "not substantiated by sound science."
Natural gas prices ‘sporadic and may begin toppling’
The price of natural gas has been turbulent since the early days of the pandemic, but a recent shift in winter weather could steady the energy sector
S&P energy sector’s record 2022 performance ‘built on downfall of others’
The S&P 500’s energy sector was boosted by rising oil prices as other sectors suffered amid inflation and weakened economy
Finland gets floating LNG terminal to replace Russian gas
As Finland looks to distance itself from Russia and join NATO, it sees energy security as an important step and LNG capacity is crucial to independence.
Gas prices could rise back to $4 per gallon as early as May 2023, Gasbuddy says
A new projection from GasBuddy suggests that gas prices will decrease next year after record highs in 2022, but they could still hit $4 per gallon by May.
US emergency oil stockpiles drop to lowest level since 1983 as gas prices tick up
The nation's emergency oil stockpile managed by the Energy Department declined to its lowest level in 39 years last week as gas and oil prices increased, federal data showed.
States attempt to help Americans facing rising energy costs
Heating costs for homes using natural gas are expected to rise 25% this winter compared with the previous winter, according to the U.S. Energy Information Administration.
Christmas gas prices projected to sit around $3
The national average price for regular gasoline is expected to sit around $3 per gallon, according to automobile club AAA. Many states will see their averages fall below $3.
Experts roast Gavin Newsom for latest price gouging actions: 'Needs to be extremely educated'
Petroleum market experts criticized California Gov. Gavin Newsom for his recent move to punish oil companies for high profits, saying he was misinformed about economics.
The five-year engineering feat Germany pulled off in months
Germany is building new LNG facilities in Wilhelmshaven at record speed to make up for gas supplies that Russia has stopped sending since invading Ukraine.
How Exxon Mobil’s CEO views energy shortages and increasing profits
Exxon Mobil CEO Darren Woods sits down to discuss energy policy and security, after Ukraine, as well as carbon emissions and clean energy such as renewables.
Stuart Varney: Biden’s energy policy is a ‘failure’ despite low gas prices
FOX Business’ Stuart Varney discusses the price of gas in the U.S. and the impact of Biden’s ‘failed’ energy policy on Americans.
US national gas prices now lower than they were a year ago, AAA says
The national average cost of a gallon of regular gas, which is $3.33 a gallon Thursday, is now lower than what Americans were paying last year, AAA says.
Texas subpoenas BlackRock for documents related to ESG push
A top Texas state Senate committee issued a subpoena last month demanding asset manager BlackRock hand over key documents related to its decision-making on environmental investments.
Energy groups sue Biden admin for failing to hold oil, gas lease sales again
Energy industry groups filed a federal lawsuit against the Biden administration Monday evening, arguing it has violated federal statute requiring quarterly oil and gas lease sales.
What the OPEC+ oil production cut means for gas prices
The decision from OPEC+ to maintain output cuts of two million barrels per day could impact the decline in gas prices, which is an average of $3.40 per gallon.
LA City Council votes to phase out oil drilling, ban new wells with gas prices far above national average
The Los Angeles City Council on Friday voted to ban oil and gas wells within city limits and phase out existing wells over the next 20 years.
New top Fed official has been critic of Biden agenda: 'Just stop. Seriously'
Austan Goolsbee, the newly named Federal Reserve Bank of Chicago president, has disagreed with the White House on a number of key economic issues.