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President Joe Biden didn't ask Saudi Arabia to make more oil on Thursday so that gas prices in the U.S. and around the world would go down.
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Chevron CEO Michael Wirth called the president's comments about high gas prices 'political rhetoric.' In response, President Biden stepped up his verbal fight with Wirth on Tuesday.
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The campaign for electric automobiles capitalizes on our nostalgia for American automobile culture, but it's not the same.
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President Biden called for the Federal Trade Commission to investigate major oil and gas companies over rising gas prices on Wednesday.
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The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week – reflecting data going back 80 years – as the energy industry slashes output and spending to deal with the coronavirus-led crash in fuel demand. Last week, the U.S. rig count was just four …
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How’d you like some good news for a change? Here it is: The price of gasoline is tumbling and this week the average in the US should go below the $2-a-gallon level. That’s a cruel irony, of course, because part of the reason for the drop in prices is that Americans and drivers throughout the …