Amid Iran war, gap between market oil prices and consumer costs widens
Three weeks into the Iran war, there’s an ever-growing gap between the price of oil futures and supplies…
Trump administration orders restart of California coastal oil drilling
President Trump is asserting executive authority to demand the controversial resumption of offshore oil drilling along California’s coastline…
Stocks erase a big early loss and rise after oil prices drop from nearly $120 back below $90
The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid…
What’s at stake for oil markets as U.S. strikes Iran
President Trump’s decision to strike Iran creates new risks for a significant chunk of the world’s oil supply.…
Venezuela’s oil industry is in ruins. Reviving it won’t be easy
CABIMAS, Venezuela — The pumps that brought prosperity from deep in the Earth’s crust are now mostly rusted relics…
California’s quest to phase out fossil fuels could make Nevada fuel prices soar
The recent closure of a California oil refinery — and plans to shutter another in the near future…
Oil and produced water spill reported in California
An oil spill was reported in an oil field near San Ardo in South Monterey County on Friday…
California could get its first gasoline pipeline. Would that lower gas prices?
California has long been a “fuel island” — a state whose gasoline and diesel markets are isolated from…
Trump administration plans to open Pacific Coast to oil drilling for first time in more than 4 decades
The Trump administration on Thursday announced plans to open the Pacific Ocean to new oil and gas leases…
Trump wants oil drilling off the coast of California. No one else does
The Trump administration reportedly has plans to open the waters off California’s coast to new oil and gas…