US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest rate hike. The August reading of the Labor...
President Biden warned oil companies Wednesday not to increase gas prices after Hurricane Ian wallops Florida, saying that his administration won't tolerate "gouging."
The White House isn't very happy with OPEC's decision to slash oil production by 2 million barrels per day. Consumers won't be big fans either, as the move will likely send gas prices higher.
The Alaska congressional debate Wednesday evening gave voters an opportunity to hear from Congresswoman Mary Peltola and her challengers former Gov. Sarah Palin, Nick Begich III, and Libertarian Chris Bye.
Shell will buy back $4 billion worth of shares and increase its dividend by 15% after posting another gigantic quarterly profit thanks to strong oil and gas prices.
ExxonMobil's profit set a record for the second straight quarter as oil and gas prices remained high. No. 2 US oil company Chevron also posted much-better-than-expected results.
"Give me a break, enough is enough," Biden said as he criticized oil companies making record profits as Americans pay more at the pump. #break #oilcompanies #midterms
Voters are casting the final ballots in races that will determine control of the narrowly divided House and Senate, as well as governor's mansions across the country, amid concerns about inflation and gas prices that have created serious headwinds...
Analysts have argued there are many factors weighing on pump prices, including Russia's war on Ukraine and the decision by OPEC+ to sharply cut production.