President Joe Biden will authorize the release of 15 million barrels of oil from the nation’s reserves on Wednesday, part of an effort to lower gas...
After making a fight against inflation its “top priority,” the Biden administration says aspects of the economy are robust, even if headlines haven’t reflected that. Senior...
U.S. inflation reached a 40-year high for June as prices for gas, food and rent increased, according to the latest Consumer Price Index from the Bureau of Labor...
President Joe Biden on Wednesday called on Congress and state legislatures to provide a temporary reprieve from gas taxes — but members of his own party...
The EPA issued a fuel waiver Friday afternoon to allow for a heightened ethanol gasoline blend to be sold at service stations this summer, an attempt by the...
Democrats blamed the oil industry, Republicans blamed President Joe Biden and oil executives blamed global market forces at a U.S. House hearing Wednesday on how to...
President Joe Biden called Thursday for U.S. energy companies to do their part in lowering gasoline prices by boosting supplies of oil, saying the industry should...
The United States will no longer import Russian energy in an attempt to further cripple that nation’s economy as it wages war against Ukraine. President Joe...
American service members will not deploy to Ukraine in the event of a “distinctly possible” Russian invasion, but strong economic sanctions imposed by the United States...
As gasoline prices spiral ahead of the big holiday travel season, President Joe Biden authorized the release of a record 50 million barrels of oil from...