The Latest Breaking News from Gas Prices

Oil and gas prices have remained elevated over the past few months due to the tighter supply caused by the ban on Russian oil and surging demand. However, Southwestern Energy (SWN) hasn’t been able to capitalize on the high oil prices because of its fundamental weakness. However, Occidental Petroleum (OXY),…

Last week, the national gas average reached the $5.00 per gallon mark amid a tight supply due to the war in Ukraine. Given the rising gas prices, refining stocks Valero Energy (VLO), CVR Energy (CVI), HF Sinclair (DINO), and Exxon Mobil (XOM) might be ideal buys now. Read more below.

CHICAGO — Vermont Sen. Bernie Sanders praised Starbucks and Amazon workers trying to unionize and railed against oil companies over high gas prices in a brief appearance in Chicago late Thursday.

About a decade ago, when gas prices last surged above $3 a gallon, Chuck Graff put up a message on the sign at his St. Anthony, Minnesota, gas station: "We Hate Our Gas Prices Too."

Oil companies won’t invest in facilities to produce gasoline until they know they’ll be allowed a future.

Once-thriving Advance Bricks in Stawell goes to the wall, wiping out 23 jobs because it can no longer afford the power bill to fire its oven.

In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.

Squeeze on wholesale gas prices around the world driving up household bills

Deregulated Wall Street traders are driving price spikes on gas and food — but Biden could shut them down easily

As the 2022 midterms approach, Axios is tracking what topics are trending.

Natural gas prices in Europe jumped after Russia stepped up an energy war by cutting supplies through the largest link to the continent to less than half of its usual volumes.