Fossil fuel consumption expected to peak within a decade, experts say
The International Energy Agency predicts there will be a peak in global fossil fuel consumption within a decade.
Biden to release up to 15 million barrels of oil from strategic reserve
President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.
Biden vows there will be 'consequences' for Saudi Arabia after OPEC+ cuts oil production
President Joe Biden says there will be “consequences” for Saudi Arabia as his administration begins reevaluating the U.S. relationship with the kingdom.
US emergency oil supply shrinks to 40-year low
Proponents of releasing barrels from the emergency stockpile say it increases oil supplies and reduces prices at the pump. Critics say it's a short-term fix.
Gas prices are expected to rise again, here's why
New Yorkers could be about to feel more pain at the pump, with gas prices set to change due to a worldwide cut in oil production announced earlier this week.
OPEC+ approves sharp cut in oil output; gas prices could rise
OPEC+ said the decision was based on the “uncertainty that surrounds the global economic and oil market outlooks.”
OPEC, allies cutting world oil supplies as prices fall
The move signals their unhappiness with crude oil prices that have dropped because of recession fears.
Circle K gas is 40 cents off per gallon on Sept. 1 ahead of Labor Day travel
Traveling this weekend? Drivers can get 40 cents off of gas on Thursday, but only during a certain time. Here’s what you need to know to save on fuel.
New Jersey's gas tax will drop but don't expect much relief
The gas tax in New Jersey will drop for the second straight year. But don't expect to notice much at the pump.
Gas prices drop below $4 again, AAA says
Gas prices slid back below $4 per gallon last week as demand continues to fall, according to AAA.
Gas drops below $4 a gallon average for first time since March, one analysis shows
GasBuddy says gas prices are dropping after hitting a record high in June.
U.S. gas prices fall but inflation will likely stay high
Thanks largely to falling gas prices, the government's inflation report for July, to be released Wednesday morning, is expected to show that prices jumped 8.7% from a year earlier — still a sizzling pace but a slowdown from the 9.1% year-over-year figure in June, which was the highest in four decades.
Gas prices are finally coming down, but how far?
Gas prices are plummeting nationwide, finally dropping from their peak of $5.02 a gallon in June.
Average US gasoline price falls 32 cents to $4.54 per gallon
The average U.S. price of regular-grade gasoline has plunged more than 30 cents in the last two weeks.
Gas prices fall below $4 in some parts of Long Island
Who would've thought we'd celebrate a price of regular gas falling below $4, but that's the situation at some gas stations on Long Island as the cost of filling up finally begins to drop.
'It's worth it': Georgia gas station loses nearly $12K selling discounted gas
The Georgia gas station dropped the price to less than $2 a gallon for customers on the Fourth of July. The owner says he lost nearly $12,000 in just three hours, but it was worth it to see the smiles on his customers' faces.
Gas tax holiday: How Biden's proposal would work
Facing stubbornly high gas prices that average about $5 a gallon nationwide, President Joe Biden has urged Congress to suspend federal gasoline and diesel taxes for three months. Here is how the "tax holiday" would work.
Map: Which states have the highest and lowest gas tax?
The national gas tax average is 57.09 cents per gallon, but some drivers are paying a lot more than that, while others pay much less.
Phoenix gas station selling fuel way below the average: 'We are helping our community'
The owners of a gas station who practice the Sikh religion have decided to help people when they need it most, and they're doing it by lowering their gas prices in Phoenix.
Gas tax holiday? Biden decision expected this week
Gas prices nationwide average just under $5 a gallon, AAA says. Now the president is considering a gas tax holiday to give Americans a break at the pump.