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Fed Chairman Jerome Powell said the disinflation process has started and while that caused a lot of commodities and stocks to soar, oil did not get the message, states Phil Flynn of PRICE Futures Group. → Read More
Inventories of oil, gas, and just about every petroleum-related supply are below where they should be for a healthy and sustainable U.S. economy. → Read More
Natural gas prices are soaring, threatening to squeeze the electric grid this summer and raising the possibility of nationwide blackouts. A nonprofit warns of widespread blackouts. → Read More
The Democrats believe they can control inflation with a bill dubbed the 'Consumer Fuel Price Gouging Prevention Act' being rolled out in the coming week. → Read More
U.S. supplies hit a three-year low – 18% below the average for this time of year – and the market could get even worse. → Read More
Oil prices are retreating as the market fears that recession fears are rising, says Phil Flynn of the PRICE Futures Group. → Read More
The White House is dialing up its attacks on big energy as gas prices remain around $4.30. → Read More
The price of oil is climbing on speculation that a Russian invasion of Ukraine is imminent, yet supply-demand issue remains at play. → Read More
If Russia invades Ukraine the global energy markets could face a supply crunch not seen since the 1970s. → Read More
OPEC's puny production push is not enough to meet growing demand say oil watchers. → Read More
As tensions between Russia and Ukraine escalate, a potential conflict could upend the world energy markets. → Read More
America's weakened energy policies have quietly empowered Russian President Putin. → Read More
The oil market remains ripe for a rapid rebound despite omicron fears and the tapping of the strategic petroleum reserves. → Read More
World oil markets call bluff after Biden's 'Hail Mary' Strategic Petroleum Release. → Read More
Why tapping strategic petroleum reserves would be a band-aid, not a long-term solution. → Read More
America's biggest rivals don't appear to want to play the climate change game. → Read More
Big oil CEOs are getting a wrist slap on climate change by members of Congress but what about sky high energy prices? → Read More
As oil and gas prices surge, the Department of Energy is doing damage control. → Read More
Gas prices are rising, and economics 101 explains why -- and it has little to do with "pandemic profiteers" say, experts. → Read More
Ahead of OPEC's meeting, Kuwait is stirring the pot throwing into doubt promised production increases. → Read More