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.
US Treasury authorizes Chevron to expand oil pumping in Venezuela
The U.S. government has awarded Chevron Corp. an expanded license to import oil from Venezuela following talks between the socialist Maduro regime and opposition leaders.
Thanksgiving gas prices highest recorded but Americans still hitting the road
Gas prices are sitting around $3.60 per gallon, the highest ever recorded price for Thanksgiving since AAA starting tracking this data for over two decades.
Sheetz drops gas prices during Thanksgiving week to $1.99 a gallon
Sheetz is reducing the price of gas to $1.99 a gallon ahead of Thanksgiving from Nov. 21-28 at 368 stores that offer the Unleaded 88.
White House accomplishment list leaves out key details on gas prices, inflation
The White House failed to mention key details about inflation and gas prices on a document it issued listing President Biden's top accomplishments.
Western allies aim to agree on Russian oil price cap Wednesday
The price cap on Russian oil is set to begin in early December. Will replace a plan to completely ban the financing and insurance of Russian oil shipments
Average Texas gas prices fall below $3 for the first time since January, cheapest in country
The Texas gas price average fell below $3 for the first time since mid-January, according to AAA Texas gas price data.
OPEC+ eyes output increase ahead of restrictions on Russian oil
Another factor driving discussion around raising output: Two big OPEC members, Iraq and the United Arab Emirates, want to pump more oil, OPEC delegates said.
Energy group issues roadmap for House Republicans to boost US energy security
A top energy industry group issued a report for House Republicans to use as a roadmap for energy policy when they take control of the House next year.
Diesel hits record premium over gas, oil
Diesel used in trucks, in homes, and to fuel powerplants has skyrocketed in price as the Jones Act, the pandemic, and Russia's War in Ukraine all disrupt supply.
Americans see higher inflation ahead: NY Fed
Consumers are growing more pessimistic as inflation expectations tracked by the Federal Reserve Bank of New York increased across all horizons, while unemployment expectations deteriorated.
Biden says his economic plan 'is showing results,' vows to fight inflation: 'We're on the right track'
President Biden touted his administration's policies and approach to lifting the economy. He said Americans are 'seeing results' and that he would continue to combat inflation.