The Strategic Petroleum Reserve is supposed to insulate the U.S. from oil embargoes and foreign wars. More often, it has been used like an insurance policy for private companies.
Food prices were up 0.5 percent during November, even as energy prices fell by about 1.6 percent.
California's governor is following Carter's disastrous energy policies at a time when the state's residents are suffering from already high prices.
Saudi Arabia snubs Biden by advocating OPEC cut oil production by 2 million barrels per day.
Green activists have some good points. But the pursuit of a chemical-free world hurts vulnerable people the most.
Ignoring the principles of supply and demand, Fetterman thinks high gas prices should be a matter for law enforcement.
Prices for food and housing continued to rise but were offset by lower gas and energy prices.
Rebutting Democrats' gaseous words on refiners' greed.
Blaming oil companies and Vladimir Putin for our current energy woes is dishonest and unhelpful.
The average gas station owner makes pennies per gallon of gas sold.
Removing tariffs could save American households $800 this year. What is the White House waiting for?
The Federal Reserve started the problem, and consumers are paying for the consequences.
Plus: Are political parties the ideal vessel for advancing libertarian principles?
Corporations were just as greedy when prices fell in 2019 and early 2020.
Plus: China's unsustainable COVID lockdowns, Texas Gov. Greg Abbott's performative anti-immigration antics snarl supply chains, and more...
The White House's latest attempt to scapegoat rising prices ignores everything that happened before the past three weeks.
A windfall profit tax on oil companies didn't work in the 1970s and it won't work today.
Plus: Misconceptions about public opinion, suit challenging D.C. therapy rules moves forward, and more...
Oil supplies were already tight before petro-state Russia invaded Ukraine.
Gasoline may reach an average of $4 per gallon.
Warren's claim that oil companies are jacking up prices to turn a bigger profit doesn't stand up to even the slightest scrutiny.
Are normal Americans worried about inflation? Jeong says nope, it's a ginned-up outrage because rich people's "parasitic assets aren’t doing as well as they’d like."
And Trump is taking full credit.
U.S. and Canada are supposed to agree to cut 5 million barrels
The governor's request comes after the release of a report finding the state's taxes and regulations explain half of the higher prices Golden State motorists pay.
Open warfare between Iran and Saudi Arabia would be far worse than this weekend's attacks.
If the president does want to lower oil prices, he could push Congress to expand domestic oil production.
Rising U.S. oil production will moderate future price increases.
Next year U.S. oil production will exceed its 1970 peak.
The petro-autocracies attempt to get more cash to buy off their restive populations will fail
Would-be oil cartelizers will fail in the long run
How low can the slide downward from the peak of the most recent commodity super-cycle go?
Never bet against human ingenuity operating in free markets.
"The pipeline would not make a meaningful long-term contribution to our economy."
Surprise: Oil production did not peak on Thanksgiving Day 2005
Economic Super-cycles and Falling Commodity Prices
Obama administration did almost nothing to lower oil and gas prices
They should probably enjoy that cheap gas while they can get it.