Political and energy industry leaders are convening for a two-day summit on energy security on Monday in what Sen. James Lankford (R-OK) told attendees is “the center of the energy universe.”
On Wednesday’s broadcast of CNN’s “OutFront,” CNN Senior White House Correspondent Kayla Tausche reported that White House officials are taking “a wait-and-see approach” on gas prices “to see if, now that the economy is coming off of the peak travel and
The national average for a gallon of gasoline continues to surge higher in the U.S. as oil prices keep rising.
Oil prices jumped on Thursday to a new ten-month high, with U.S. crude rising above $90 a barrel for the first time this year. West Texas Intermediate crude rose by more than 1.9 percent on Thursday to reach a high
The risks of inflation persistence got harder to ignore with Wednesday’s release of the consumer price index for August, and rising energy prices played a big part.
On Wednesday’s broadcast of Bloomberg’s “Surveillance,” co-hosts Jonathan Ferro and Lisa Abramowicz said that the White House lacks a clear strategy for dealing with gas prices in the wake of Saudi Arabia and Russia extending oil production cuts and that we’re
Hurricane Idalia’s effects could go beyond power outages and general storm damage, as it could worsen gas prices.
On Wednesday’s broadcast of “CNN This Morning,” DNC Chair Jaime Harrison responded to a question on whether the economy is a bad issue for President Joe Biden given the spike in gas prices and mortgage rates hitting 20-year highs by
On Monday’s broadcast of CNN’s “OutFront,” Treasury Secretary Janet Yellen stated that the recent jump in the price of gas is in part due to increases in demand due to the summer driving season and some “global factors.” But that
U.S. gas prices are soaring again, posing another challenge to an inflation problem the Federal Reserve has battled over the past year and President Joe Biden claimed is all under control thanks to the much-touted “Bideonomics.”
During an interview with Bloomberg on Friday, acting Labor Secretary Julie Su claimed that “prices are lower than they were a year ago, and significantly so.” And that gas prices “continue to come down.” Host Joe Mathieu asked, “Well, so
On Mondayy’s broadcast of MSNBC’s “José Díaz-Balart Reports,” NBC News Correspondent Steve Patterson acknowledged that cuts in oil production are “one of the biggest contributing factors” in the recent spike in oil prices, but another major factor is “long-term, we’ve
During a portion of an interview with Spectrum News Washington Correspondent Corina Cappabianca aired on Spectrum News Columbus on Monday, GasBuddy.com Head of Petroleum Analysis Patrick De Haan said that refilling the Strategic Petroleum Reserve (SPR) is pushing up oil prices.
On Thursday, CNN hosts Poppy Harlow and Boris Sanchez blamed climate change for the recent surge in gas prices with the former saying that the surge in prices is a reason “to get it in check when it comes to
On Wednesday’s “Fox News Rundown” podcast, Fox Business Network host, Fox News Contributor, and former Trump economic adviser Larry Kudlow noted that prices haven’t actually fallen in recent months, but the rate of growth has slowed and noted that gas
During an interview aired on Wednesday’s edition of MSNBC’s “11th Hour,” Energy Secretary Jennifer Granholm responded to a question on whether there is a plan to address energy prices that have started to tick up by stating that “the better
California Gov. Gavin Newsom (D) has been thwarted by the Democrat-dominated state legislature in his effort to punish oil and gas companies for alleged fuel price gouging, and will now turn to executive actions instead.
British energy giant Shell ensured the pay package for the company’s CEO jumped by half last year to nearly $12 million as oil and gas companies made record profits from runaway energy costs and consumers struggled with a global cost-of-living crisis.
British Gas employed debt collecting contractors who broke into the homes of vulnerable people to install prepayment meters.
It now costs more to drive the average electric vehicle 100 miles than it does to drive a gas-powered car the same distance.
House Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-WA) said in a statement on Tuesday that Democrats have continued to abuse the Strategic Petroleum Reserve (SPR), while Republicans want to lower gas prices by “unleashing American energy.”
Per mile traveled, our British friends are now paying more to charge their electric cars than to gas them up.
GasBuddy warned American consumers on Tuesday that gas prices under the Biden administration could return to $4 a gallon as early as May 2023.
California Gov. Gavin Newsom (D) changed his plan for a windfall tax on oil company profits to describe the tax as a “penalty” to avoid a requirement that new taxes be passed by a two-thirds vote in the state legislature.
California Gov. Gavin Newsom (D) called the legislature into special session Monday to introduce a plan to stop “price gouging” by oil companies by capping their profits from gasoline and returning the surplus to consumers.
Jimmy Carter ignored the need for more energy and paid a steep price when he ran for re-election. Half a century later, Joe Biden is also ignoring it.
Citizens traveling over Thanksgiving weekend are in for more pain at the pump in President Joe Biden’s (D) America.
President Joe Biden has made several false or misleading claims while campaigning for congressional Democrats before the Midterm Elections, according to CNN.
Democrat Senate incumbent Mark Kelly, who is up for reelection, has repeatedly voted against American energy production.
The low U.S. and global diesel supply may push costs higher and exacerbate the inflation already causing Americans hardship, according to a report from the Hill published Sunday.
Sen. Maggie Hassan (D-NH) in her Thursday debate with Republican Gen. Don Bolduc again provided contradictory excuses for why inflation has soared under Democrat rule.
Democrat Sen. Maggie Hassan (D-NH) on Monday laid the blame for the nation’s energy crises on President Joe Biden, while ignoring her voting record that has enabled the Biden administration to due so.
A former Keystone XL Pipeline welder recently blasted Democrat President Joe Biden’s intent to cut gas and energy prices before the midterm elections.
Embattled Sen. Maggie Hassan (D-NH) on Thursday blamed record-high inflation on the pandemic and the Ukraine war, not on her fiscal or energy policies.
Four embattled Senate Democrat incumbents have set a pattern of refusing to take responsibility for soaring inflation and gas prices that have occurred in record-setting fashion under their leadership.
President Joe Biden plans to release even more barrels of oil from the federal government’s strategic reserves to keep gas prices low before the midterm elections.
Most voters blame President Biden’s policies for high gas prices, an October Harris Poll/HarrisX survey found.
On Friday’s broadcast of Newsmax TV’s “Wake Up America,” Rep. Mary Peltola (D-AK) said that high gas prices are one reason she’s urging the Biden administration to approve the Willow oil development Project in the state that “could provide relief to
President Joe Biden during a visit to Los Angeles on Thursday dismissed gas prices in California reaching nearly seven dollars a gallon.
The national average price for gas Tuesday was nearly $4 a gallon as Americans struggle under President Joe Biden’s (D) economy.
