Oil

The U.S. Energy Information Administration says it could be the biggest jump in decades.

BP didn’t share many details, but the company has been losing money on renewables and will likely be doubling down on oil and gas.

Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the way.

And the oil cartel may well decide to just wait and see what happens in the U.S.

A stockpile of oil kept in four large caverns can help with a rainy day.

They’ve been ponying up cash for years. Now they want dividends.

These regulations have changed a lot since the 1970s. Each president has tinkered with them.

The U.S. Energy Information Administration reports that pump prices on average were 21 cents lower per gallon in 2024 than they were in 2023.

And why it might not have a big impact on U.S. offshore drilling anyway.

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil production.