NPR's Ayesha Rascoe talks to University of Texas engineering professor Hugh Daigle about why the U.S. imports most of the oil it consumes despite being one of the world's largest oil exporters.
In a March 12 interview on Fox News, Energy Secretary Chris Wright said "The United States - we produce more oil than we can ...
From waiving the Jones Act to rerouting oil through the Red Sea, governments are doing their best to make up for the crisis ...
Oil surged from around $71 to nearly $98 per barrel in under two weeks in early March 2026 as geopolitical tensions in the ...
These price increases worried many Americans who remembered how a gasoline price spike in 2022 following Russia’s invasion of Ukraine helped boost inflation to levels not seen i ...
The price of gasoline generally tracks the cost of oil, but there are additional costs that go into making gasoline, ...
Consumers need to brace for more inflation as the war keeps going -- but it won't go on forever.
Brent crude oil prices shot up as the US and Israeli war against Iran disrupted oil supplies in the Middle East. CNN’s Word ...