Oil Prices

May Inflation Rate at Four-Decade High of 8.6%

Experts' predictions of 8.3% were outpaced with an actual 8.6% increase.

Gas Prices Hit $5 National Average After Rapid Rise

The average price of a gallon of gas nationwide exceeded $5 on Thursday, crossing the milestone after a rapid rise over the past month that has alarmed public officials and strained the budgets of everyday Americans, according to GasBuddy.

GOP Say What Biden Is Doing to America Is ‘Intentional’

Rep. Jim Jordan is never one to mince words. So when asked why President Joe Biden was willing to risk children losing their federally...

Gas Prices Jump 33 Cents in Past 2 Weeks—$6 per Gallon by August

The average price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon, according to the Lundberg Survey, which comes as some analysts predict prices will climb above $6 a gallon by the end of the summer.

Big Tech and Big Oil Brace for New Liberal Majority at FTC

Democrats have regained a majority at the Federal Trade Commission, enabling Chairwoman Lina Khan to advance an aggressive and liberal anti-monopoly and consumer protection agenda focusing on Big Tech and major oil companies.

U.S. Gasoline Prices Smash All-Time High

The cost of gasoline at petrol stations across the United States hit a new all-time record on Friday, according to the American Automobile Association (AAA).

Gas, Diesel Prices at Record Highs Under Biden

Gas up 20 cents in two weeks.

Trade Deficit Soars Over $100 Billion for the First Time Ever

The U.S. trade deficit rose an astonishing 22 percent in March to $109.8 billion as prices of oil and imported products rose due to soaring inflation, according to data released Friday by the Census Bureau and the Bureau of Economic Analysis.

Gas Prices Up Over 80% Under Biden

The latest measure of misery shows that the Americans will spend an average of $667 more for fuel this year than they did last year.

ESG Energy Crisis: U.S. Added Just One Oil Rig This Week

The United States added just one oil rig this week amid renewed pressure from climate change activists on investors to deny capital to fossil fuel producers.

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