FOX Business Flash top headlines for April 11 Here are your FOX Business Flash top headlines for April 11. HOUSTON – Chevron Corp and the United Steelworkers union (USW) met on Monday to seek an end to a three-week-old strike by 500 workers at the company's Richmond, California, refinery, a union official said. Ticker Security Last Change Change % CVX […]

FOX Business Flash top headlines for April 1 Here are your FOX Business Flash top headlines for April 1. BILLINGS, Mont. — U.S. officials on Thursday adopted a rule aimed at reducing deaths and environmental damage from oil and gas pipeline ruptures — a long-delayed response to fatal explosions and massive spills that have occurred over decades in California, Michigan, […]

U.S. energy independence is on the ballot these midterms Pennsylvania Rep. Dan Meuser and Fox News contributor Liz Peek weigh in on Democrats’ resistance to U.S. energy independence. As the whole world watches in horror as events unfold in Ukraine, the primary economic implication for Americans has been its impact on energy prices. Cutting off trade with Russia has not really […]

Oil analyst warns recession currently ‘unavoidable’ The Schork Group principal Stephen Schork warns that the average price for gas ‘is going to remain high’ and notes that ‘as offshoot, food prices have to remain high.’ The Schork Group principal Stephen Schork warned on Thursday that gas prices will continue to rise amid "very ugly" inflation and that a recession is […]

Oil and gas industry calls for expansion of domestic production ‘to counter Russia’s influence’ Mike Sommers, the American Petroleum Institute president and CEO, says the U.S. energy industry wants ‘to make sure that we’re supplying the world with both natural gas and oil during this time of crisis.’ Mike Sommers, the American Petroleum Institute (API) president and CEO, argued on […]

FOX Business Flash top headlines for March 4 Here are your FOX Business Flash top headlines. Shell PLC said it would donate profits from purchases of Russian oil to efforts to alleviate the humanitarian crisis in Ukraine, after an outcry over the company’s bid for a cargo of Russian crude. The London-listed energy company said it would choose alternatives to […]

Energy expert slams Biden’s announcement to release 30M petroleum reserve barrels Power The Future executive director Daniel Turner says the amount only accounts for a day-and-a-half of U.S. oil consumption and argues that the only way to prevent higher prices and to weaken Russian President Vladimir Putin is to produce more.  Power The Future executive director Daniel Turner argued on […]

FOX Business Flash top headlines for February 26 Here are your FOX Business headlines.  WASHINGTON — The scope of federal power to reduce greenhouse gas emissions comes before the Supreme Court on Monday, as a coalition of Republican-led states seeks to limit measures the Environmental Protection Agency can impose on power plants. Currently, no federal regulation directly limits such emissions […]

Biden’s first mistake was canceling Keystone pipeline: Kaltbaum Fox News contributor Gary Kaltbaum says Biden is an ‘enabler’ of rising gas prices. The United States is on the verge of an energy crisis of its own making.  The price of oil recently hit a seven-year high on the back of rising geopolitical tensions in Europe and the Middle East. With […]

Chemical company DuPont De Nemours & Co. (DD) Friday announced that it has entered into a definitive agreement to divest majority of Mobility & Materials Segment to Celanese Corp. (CE) for $11.0 billion in cash. The divesting business includes the Engineering Polymers business line and select product lines within the Performance Resins and Advanced Solutions business lines. Combined, these businesses […]