Gas & Oil
Prodded about inflated gas prices, industry leaders said the market is “complex” and refused to commit to limiting dividends to shareholders and stock buybacks.
The unprecedented draw on the reserves is slated to last six months as prices at the pump remain high.
In a leaked email, a franchise executive told colleagues high gas prices would make workers more desperate, therefore easier to hire.
Investors think they can make more money without paying for new exploration and production.
WHAT'S HAPPENING
Experts share their advice for improving your car's fuel efficiency while gas is so expensive.
Critics were appalled that he turned his controversial display of emotion on the witness stand into a political joke.
Moderate Democrats want progressives to give President Biden more leeway, but the left believes its message has never been more relevant.
Indian media reports said Russia was offering a discount on oil purchases of 20% below global benchmark prices.
They are pointing to a recent decline in the price of crude oil as evidence that greedy gas companies are hoarding profits.
Markets have careened in recent weeks amid uncertainty about whether the economy may be heading for a toxic combination of stagnating growth and persistently high inflation.