Washington state sees highest gas prices in nation
Rep. Dan Newhouse, R-Wash., explains why his state has the highest gas prices yet the lowest unemployment rates in the nation on ‘Varney & Co.’
Gas prices may spike as much as 10 to 25 cents this week in some states
Temps are soaring across the nation, challenging refineries, while the price of oil is rising. The combination may result in higher prices in the middle of the summer travel season.
Tech, oil and Fed decision slated for week ahead
Big tech like Meta will begin reporting next week alongside a string of oil producers like Chevron and economic data including the U.S. Federal Reserve’s interest rate decision.
Gas prices spike amid high oil prices: AAA
The national average price for gas rose to $3.58 for the week ending July 20, AAA reported. Gas price bumps can add to overall auto costs, but there are ways to lower these expenses.
Indonesia captures Iran-flagged supertanker suspected of illegal oil transfer, following a pursuit
Indonesian maritime authorities on Tuesday have announced the captured of an Iranian-flagged ship accused of carrying out an illegal oil transfer at sea.
Gas prices fall slightly despite holiday demand increase
The average price for a gallon of gas was $3.52 for the week ending July 6, AAA reported. And overall lower gas prices are encouraging Americans to seek road trips this summer. But inflation, high interest rates and recession fears may hold them back.
Cuts in Russian, Saudi Arabian oil production not having major impact on prices
Russia and Saudi Arabia announced an extension to cuts in oil production on Wednesday, but prices for crude oil dropped 1% despite the move, analysts say.
Diesel prices are a ‘warning sign’ for the economy: GasBuddy’s Patrick De Haan
GasBuddy head of petroleum Patrick De Haan unpacks diesel and gas prices on ‘Varney & Co.’
How have the Russians made moves in the oil industry?
Sound Planning Group CEO David Stryzewski breaks down America's dependence on foreign countries for fuel on 'The Claman Countdown.'
Oil analyst talks gas prices, summer travel
GasBuddy head of petroleum analysis Patrick De Haan discusses national average gas prices being a dollar below what they were last year.
Judge orders Enbridge to remove oil pipeline from Wisconsin tribal land within 3 years, pay $5 million
A federal judge in Wisconsin ordered energy company Enbridge on Friday to remove any sections of its Line 5 oil pipeline from a tribe's land in the state following a lawsuit.
Insurers face new minefield in climate activists’ war on oil and gas industry
Companies that insure the U.S. LNG industry are facing more pressure from climate activists, which could backfire on consumers.
Companies tout ‘net-zero’ climate targets, but few have credible plans, report finds
The Net Zero Stocktake 2023 report found that many companies and sub-national governments with "net-zero" emissions targets lack clear criteria or plans for reaching those goals.
Goldman Sachs slashes oil price forecast
Goldman Sachs lowered its 2023 outlook for crude prices by almost 10% citing a number of factors, even after Saudi Arabia's surprise production cut took the global markets off guard.
Markets are ‘not paying attention’ to Saudi Arabia’s oil output cut: Tracy Shuchart
Hilltower Resource Advisors CEO and chief market strategist Tracy Shuchart joined ‘Making Money’ to discuss the oil market as Exxon and Chevron investors continue to reject climate measures.
More US sanctions against Russia coming soon
Deputy Treasury Secretary Wally Adeyemo says the United States and allies will hit Russia with more sanctions over its invasion of Ukraine that was launched in February 2022.
Chevron CEO: Energy industry needs more ‘supportive’ policies
Chevron CEO Mike Wirth says the U.S. could be "an energy powerhouse" but needs a more supportive policy environment that encourages investment in order to do so.
Billionaire businessman's message to Democrats: If you want to get re-elected, stop screwing the consumer
United Refining Company Chairman and CEO John Catsimatidis discusses the impact Saudi Arabia's oil production cuts will have on the American consumer.
American consumers 'losing' over Saudi oil cuts: John Catsimatids
United Refining Company Chairman and CEO John Catsimatidis discusses Saudi Arabia cutting oil production, rising gas prices and the impact on American consumers.
Gas prices could spike after Saudi Arabia oil production cut
Drivers in the U.S. could soon pay more for a gallon of regular gasoline after Saudi Arabia's latest oil production cuts that were announced over the weekend.