U.S. Economy

The White House hit back at billionaire Jeff Bezos on Sunday, blaming gas companies for keeping prices high at the pump even when base prices fell.

The Department of the Interior unveiled its long-awaited plan for offshore drilling, including the possibility of holding between 0-11 lease sales through 2028.

WalletHub released a report that found the best and worst states for summer road trips in 2022, based on each state’s costs, safety and activities. New York was at the top of the list.

President Joe Biden repeated his claim that the U.S. has lower inflation than most other countries in the world, an assertion contradicted by economic data.

Unilever announced it had sold its Ben & Jerry’s business in Israel, following an extensive review, calling the decision the "best outcome" for the brand there.

Travelers at a national airport outside Washington, D.C., shared how ticket prices, flight cancellations and delays have impacted their trust in airlines.

Rep. Dave Joyce, the top Republican on an appropriations subcommittee, introduced a measure Wednesday that would force the Biden administration to hold lease sales it canceled in May.

Gas prices hit $5 per gallon in June, marking a new all-time high, according to data from AAA.

Ten environmental groups asked a federal court late Tuesday to vacate a series of onshore oil and gas lease sales the Biden administration is set to hold this week.

An EPA plan for an oil production site could hinder drilling and lead to higher gas prices, Texas Gov. Greg Abbott said in a letter to President Biden

The Department of Energy released its annual energy job report showing massive year-over-year losses in the fossil fuel industry, but large gains in the clean energy sector.

California lawmakers reached a tentative budget deal Sunday night with Democratic Gov. Gavin Newsom to send millions of residents inflation relief checks.

Republicans want California Gov. Gavin Newsom to suspend the state's gasoline tax, the highest in the nation at 51 cents, as fuel prices top $6 a gallon.

California is nearing a projected $10 billion legislative deal to provide taxpayers with a gas rebate after months of rampant inflation and skyrocketing prices at the pump.

Democratic governors and candidates are implementing or supporting measures to help Americans push back against high fuel costs.

Gasoline prices have surged nationwide every time President Joe Biden has announced a new action aimed at blunting such price increases at the pump.

ERCOT, Texas' power grid operator, is on the verge of breaking yet another record for demand this week and may need to tap into reserve power this afternoon.

Washington Gov. Jay Inslee and Oregon Gov. Kate Brown indicate that they would not pause their states' gas taxes, as President Biden urges Congress to suspend the federal tax.

Germany has entered phase two of a three phase emergency plan as Economic Minister Robert Habeck warns that Russia is intentionally manipulating oil and gas supply as an "attack."

Climate policies aimed at transitioning the U.S. from fossil fuels to renewable power will lead to higher prices, federal energy officials told Fox News Digital.