Oil

While the White House has done a victory lap on falling gasoline prices, federal energy agencies and independent consumer groups have sounded the alarm on heating costs this winter.

White House officials say they are watching diesel inventories closely following a report that reserves have been depleted to a low not seen since 2008.

As Europeans seek to find alternatives to soften the financial blow of gas prices and lumber prices skyrocketing, fears rise about lumber being acquired through theft.

Saudi Arabia’s energy minister on Tuesday criticized nations that are releasing emergency oil reserves, saying it would be "painful" in the months to come.

Conservation and recent unseasonably warm weather have eased fuel supply concerns in the wake of Russian President Vladimir Putin's invasion of Ukraine

FOX Business host Larry Kudlow slams John Kerry and President Biden on their energy and economic policies on 'Kudlow.'

Former Speaker of the House Paul Ryan hopes his SPAC deal with a U.S. oil producer is "great for jobs, great for foreign policy" and "great for bringing inflation down."

Democrats have asked President Biden to release home heating oil reserves to keep prices low this winter, saying Putin and COVID have caused a disruption in energy supplies.

House GOP leadership ripped the White House on Thursday after it celebrated projected gas price declines, saying the administration is hampering long-term energy production.

American Petroleum Institute's Mike Sommers argues Biden tapping into the oil reserve could put the U.S. in a "very precarious situation" with "dramatic geopolitical upheaval."