Courtesy: Forbes NPR – Gas prices have been increasing since the start of the war in Ukraine. Since the start of the war in Ukraine, gasoline prices have been skyrocketing.…
A pump jack operating in an oil field in Midland, Texas, July 29, 2020. A Texas law aims to punish investment firms that divest from fossil fuels.Tony Gutierrez/AP Ivan Frishberg…
Oil prices dropped on Tuesday, falling below $100 a barrel, as China, the world’s largest oil importer, imposed new lockdowns to combat an outbreak of the coronavirus, moves that could threaten demand.…
Governors and state legislators are considering moves to suspend state gas taxes as the cost of fuel continues to soar to record levels, a bipartisan effort that comes as high…
Ride-share companies Lyft and Uber announced they will add a temporary surcharge on their rides to help their drivers deal with the rise in gas prices.Robyn Beck/AFP via Getty Images…
New York (CNN Business)– US oil prices briefly tumbled below $100 a barrel on Monday, unwinding a significant chunk of the recent spike caused by Russia's invasion of Ukraine. Oil plunged more…
A view of the Phillips 66 Company's Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum…
Russia is the world’s second highest exporter of crude oil after Saudi Arabia. In 2019, 48 countries bought Russian crude oil worth $123bn. Oil prices have surged following Russia’s invasion…
March 8, 2022 | 9:20AM Gasoline prices surge as calls grow to ban Russian oil. The price of oil tops $130 a barrel as calls for a ban on oil…
Source: U.S. Energy Information Administration, Weekly Petroleum Status Report On March 1, the U.S. Department of Energy committed to releasing 30 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR) to…