Biden’s OPEC dilemma

Even though Democrats have been openly hostile to the oil and gas industry at the party’s national convention this week, fossil fuel leaders say there are reasons to feel optimistic by Vice President Kamala Harris' rise and that party officials speak differently behind closed doo ...  Show more

The Biden-Harris administration is investing hundreds of millions of dollars into clean energy projects in Pennsylvania, a crucial swing state in the 2024 presidential election. But it’s unclear if those projects will help Vice President Kamala Harris in her presidential campaign ...  Show more

President Joe Biden announced today the U.S. would release a record amount of oil from the Strategic Petroleum Reserve. CNN Political Director David Chalian breaks down whether that will impact high gas prices, voters worry over record-high inflation, and how it could impact Repu ...  Show more

On Tuesday morning, President Biden took to the podium at the White House to deliver a solemn and provocative speech. As punishment for waging war on Ukraine, he announced,  the United States would cut off Russian oil imports.

Mr. Biden said the move would require some s ...

The symbolic move was accompanied by an acknowledgement from the president that gas prices are likely to keep rising. Nominally at an all-time high, gasoline prices remain well below their 2008 peak after adjusting for inflation.This episode: White House correspondent Tamara Keit ...  Show more

Apart from simple supply and demand, nothing impacts oil markets as much as geopolitics. Former President Donald Trump did everything he could to load up sanctions on countries like Iran and Venezuela in order to cut down on their crude exports. Now we'll see what President Joe B ...  Show more