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Oil inventories headed toward multi-decade lows, US EIA warns

NEW YORK, June 9 (Reuters) – Oil stockpiles in the world’s largest economies are headed toward the lowest levels since at least 2003 as inventories are drawn down at a record pace due to the...

Opinion: Meet the Six States Celebrating America 250 by Raising Your Gas Tax

Thountdown for America’s 250th birthday is on. Families will be planning road trips, parades, vacations, reunions, and cookouts to celebrate the greatest nation in history. But in six states, politicians have a different idea for...

The Strait of Hormuz is ‘leaking’ oil

New York —  One of the biggest mysteries of the global economy is why the oil market has remained so calm during one of the greatest supply shocks in history.

Policymakers Have a Decision to Make: What Will the Cost of Energy Be for American Families?

American families are feeling the strain of rising costs everywhere — from groceries and housing to gasoline. Recently, that pressure has intensified as instability tied to the conflict with Iran has pushed oil and gasoline...

Oil falls as investors await clarity after Iran-Israel halt attacks

LONDON, June 9 (Reuters) – Oil prices fell on Tuesday, erasing most of the previous ‌session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President...

Supreme Court revives natural gas industry fight over Biden efficiency regs

The Supreme Court has directed a lower court to rethink a ruling that upheld Biden-era efficiency regulations for commercial water heaters and consumer furnaces.

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