America's oil magnates are prepared for prices to be lower next year, as supply on Texas' Permian Basin ramps up to account for 40% of U.S. oil production in the near future.

Oil prices are moving higher ahead of the Organization of the Petroleum Exporting Countries (OPEC) meeting scheduled for Thursday, after the alliance delayed the event last week.

Economic slowdown, warfare tensions and hurricane season loom over the oil market's horizon, and AAA's Andrew Gross details where U.S. gas prices are heading.

The Biden administration "did nothing" to refill the U.S. Strategic Petroleum Reserve when oil prices were low, Canary CEO Dan Eberhart warns about energy insecurity.

Former White House Chief of Staff Mick Mulvaney calls out the Biden admin.'s video on gas prices and argues the drop in cost is due to Americans getting poorer.

As the national gas price average continues to hit new records, some employees have raised return-to-work concerns that costly commutes outpace their paychecks.

Oil executive Andy Lipow argues the industry needs five times the amount of land that Biden is permitting for federal drilling.

American Petroleum Institute Senior Vice President Frank Macchiarola says Biden's energy policies cost 50K American jobs and 500K barrels of oil per day -- the same amount of oil imported from Russia before its invasion of Ukraine.

Spring breakers are not letting surging gas and vacation rental prices stop their travel plans, according to AAA.

US-based drilling companies work to produce more market supply while the Biden admin looks to outsource.