Energy

Gas prices hit another national record Wednesday as Americans filled up ahead of Memorial Day weekend. Meanwhile, oil inventories drained.

Gas prices hit another record ahead of Memorial Day, oil supply draining

The costs of returning to office life are high, especially with inflation driving gas, lunch, wardrobe and care prices skyward.

Gas, care among 5 return-to-office costs rising amid record inflation

According to AAA, the national gas price average for May 10 is $4.37 per gallon, the highest figured ever recorded in the United States.

Gas prices reach all-time high, fueling inflation concerns

Inflation is at a record high and money isn’t going as far as it once did, so consider these five tips to combat rising costs.

From TikTok to gas hacks: 5 money saving tips to fight inflation

Russia just escalated its war against the West by cutting off gas supplies to two European nations that refused to pay for exports in rubles.

EU: Russia is ‘blackmailing’ after cutting off gas to Poland, Bulgaria

Many environmental activists have expressed concern that ethanol is harmful to the environment, despite the USDA's claim that E15 is a green fuel.

Environmental activists take issue with Biden’s E15 gas approval

The ethanol blend of gasoline known as E15 could save American families up to 10 cents per gallon, according to the White House.

E15: Cheaper ethanol option revives controversy as gas prices peak

President Biden is trying to reduce gas prices by allowing stations to sell an alternative form of fuel with additional ethanol.

Biden hopes to lower gas prices with new ethanol blend

Oil executives from Shell and Chevron defended themselves from charges by lawmakers that they are gouging Americans via higher gas prices.

Lawmakers grill Shell, Chevron, big oil over high gas prices

Record inflation, rising gas prices, and the Russia-Ukraine War have revived the Keystone XL pipeline debate in the United States.

Is the Keystone XL pipeline the key to lowering soaring gas prices?

As President Joe Biden traveled to Poland to visit Ukraine refugees, the U.S. and EU announced a new partnership to reduce Europe's reliance on Russian energy.

US, EU announce energy partnership as Biden visits Poland

Saudi Arabia said it won't claim responsibility for rising oil prices.

Saudi Arabia says it “won’t bear any responsibility” for rising oil prices

Congress is looking into how to help Americans deal with rising gas prices. As of Mar. 17, the national average for gas was $4.29 per gallon, according to AAA.

Congress considering all options to combat rising gas prices

Oil prices have dropped to around $100 per barrel.

Oil dips below $100 per barrel as Fed prepares to raise interest rate

The Biden administration would likely lift some sanctions against Iran, opening up oil sales, if the 2015 nuclear deal is restored.

Iran nuclear deal talks stall as US seeks oil partners

Oil prices soared after Russia invaded Ukraine, so Biden and the U.S. are reaching out to another large producer: Saudi Arabia.

US courts Saudi prince in quest for oil

Pressure is building on the Biden administration to begin loosening sanctions on Venezuela. Its oil might help ease inflation pressures.

Venezuelan oil could be country’s ticket to lifting sanctions

Biden banned Russian oil imports.

US bans Russian oil imports in latest response to Ukraine invasion

Drivers across the country are feeling the sticker shock as the average price per gallon of gas soared above $4 for the first time since 2008.

Gas prices top $4 per gallon as US considers banning Russian oil imports

After more than a week of intense fighting throughout Ukraine, Russia has captured the Zaporizhzhia nuclear power plant. No radiation has leaked.

Russia captures Zaporizhzhia nuclear power plant as fighting intensifies

Oil prices are rising amid tensions between Ukraine and Russia.

Escalating Russia-Ukraine tensions send oil prices soaring

Stock markets surged and oil prices dropped after Russia claimed some of its troops are retreating from the Ukrainian border.

Stocks surge, oil drops as Russia claims retreat from Ukraine border

As tensions escalate on the Russia-Ukraine border, the Nord Stream 2 pipeline has become a central bargaining chip to calm the Cold War-style confrontation.

Nord Stream 2: A central bargaining chip in Russia-Ukraine conflict

Biden addressed climate change at COP26.

Biden takes climate change message to the global stage as COP26 begins