The Biden-era rule, finalized in 2024, had divided the oil and gas industry, with some major producers throwing their support ...

WASHINGTON — President Joe Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that ...

The Trump administration’s capture of socialist Venezuelan dictator Nicolás Maduro has thrown the region into uncertainty while presenting opportunities that could give the U.S. a geopolitical and ...

America’s rise as a global oil powerhouse has changed how critical the Strategic Petroleum Reserve (SPR) is to U.S. security and economic stability — even after President Joe Biden’s drawdowns drove ...

After the Trump administration deposed Venezuelan President Nicolás Maduro and asserted that it would control Venezuela’s oil industry “indefinitely,” many figures on Fox News and Fox Business praised ...