Oil

It took a man actively trying not to find oil to make the biggest oil discovery in U.S. history.

The national average price of gasoline has fallen below $4 a gallon. These are four key factors that could determine what happens next with prices at the pump.

The decision comes as prices have spiked since the U.S. and allies have imposed steep sanctions on Russia over its invasion of Ukraine.

Domestic producers say it’s time for more investment in oil and gas, but supporters of clean energy argue it may not drive down consumer costs — and could lock the U.S. into an oil-dependent future.

President Biden described the move as a critical step to punishing Russian President Vladimir Putin for invading Ukraine, but said as a result, Americans should prepare for price hikes at the pump.

This likely means the end of the $8 billion pipeline, a years-long project that would have carried oil sands crude from Alberta, Canada to the American Gulf Coast.

Oil prices plummeted to their lowest point in decades overnight as Saudi Arabia declared a price war on Russia, adding another stressor to financial…

T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday. He was 91.Pickens was…

A handful of environmental groups are taking the Trump administration to federal court over its rollback of regulations meant to prevent offshore oil…

Experts say carbon emissions need to be reduced and even removed from the atmosphere to avoid catastrophic climate change. Could carbon-neutral oil be a…