Oil

President Joe Biden’s attempts to convince the American people that Russian leader Vladimir Putin is responsible for high gas prices and inflation has failed, polling data released Tuesday showed.

German TV is admitting what’s become increasingly obvious: the West is in denial that Russia has all but won its military conflict with Ukraine.

Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy...

Eight lawmakers led by Rep. Chip Roy target funding, saying Biden policies have spawned the gasoline price crisis in America.

Target has started offering discounts to clear out excess items from its inventory.

Biden’s staff waiting to hear if the federal abortion law will be overturned.

Europeans are divided between those who want the war in Ukraine to end as soon as possible, even if that means giving concessions to Russia, and others who believe Russia must be clearly defeated and punished.

Chevron CEO Mike Wirth said in a recent interview that he does not believe another oil refinery will be built again in the United States, saying that government policies are a key reason why, as average gas prices continue to rise as of Tuesday.

Former President Barack Obama has made an unusual request to install a massive 2,500 gallon commercial-grade propane tank at his Martha’s Vineyard estate, according to reports.

Gas prices continued to climb on Monday, reaching a record high for the sixteenth consecutive day, AAA data shows.