gas

Energy Secretary Chris Wright has indicated a willingness to suspend the federal gas tax, amid escalating fuel costs. When questioned about the feasibility of suspending the federal gas tax, currently around 18 cents per gallon, on NBC News’ “Meet the Press” on Sunday, Wright...

Gas prices have hit new four-year highs nationwide, with Friday's national average coming in at $4.42. Residents in California are paying $6 or more per gallon. The surge in gas prices could be the start of "demand destruction" and lead to fewer chances of a Federal Rate cut in 2026 and could even...

Valero Energy Corp. (NYSE:VLO) stock declined on Thursday after the company reported first-quarter 2026 earnings results. • Valero Energy stock is trading at elevated levels. Where are VLO shares going? Earnings Snapshot The energy firm reported quarterly revenue of $32....

Natural gas markets are tightening fast after a major LNG supply shock — but the ETF scoreboard tells a very different story. Global LNG output was 8% lower year-over-year in March as the Iran-US-Israel war affected tanker routes, according to International Energy Agency’s second-quarter 2026...

When gasoline prices surge, Americans don’t stop eating out. They stop eating out expensively. That is the central finding of a Bank of America research note published Monday by analyst Sara Senatore, who tracked BAC aggregated credit and debit card data across every major fuel price cycle...

The US Atlantic Coast is currently grappling with a severe winter storm that has led to widespread power outages and grounded thousands of flights. The situation is expected to deteriorate further. The storm hit on Sunday, bringing with it heavy snow and ice. This has resulted in power outages and...

After President Donald Trump signed the ‘Big Beautiful Bill,’ which reduced incentives for solar and wind power projects, Cathie Wood’s Ark Invest is making a strong case for nuclear energy, arguing it could become the most cost-effective power source — even as solar has long held...

Shares of Houston American Energy Corporation (NYSE:HUSA) closed Monday down 32.27% to $10.60, retreating from last week's remarkable rally. The pullback aligns with a broader downturn in energy stocks, driven by a drop in oil prices after reports surfaced suggesting Iran is seeking to de-escalate...

Exxon Mobil Corporation (NYSE:XOM) has broken out. The stock is trading higher because Israel's attack on Iran has spooked the oil markets. As Exxon Mobil’s extensive oil holdings increase in value, the company itself becomes more valuable — and the stock tends to rise along with it. It...

Goldman Sachs analyst Neil Mehta upgraded Valero Energy Corp (NYSE:VLO) from Neutral to Buy rating with a price forecast of $154. The analyst believes current consensus expectations better reflect concerns about oil product demand and tighter crude differentials. The analyst estimates EPS to grow...

Transocean, Ltd. (NYSE:RIG) released its first-quarter results after Monday's closing bell. Here's a look at the details from the report.  The Details: Transocean reported first-quarter losses of 10 cents per share, which missed the analyst consensus estimate for losses of nine cents. Quarterly...

Natural gas futures extended their relentless slide into a tenth consecutive session Thursday, marking the worst losing streak since October 2019, yet one veteran market strategist sees a sharp turnaround ahead if trade tensions ease. In a note shared Thursday, Ed Yardeni, president of Yardeni...

Shell PLC (NYSE:SHEL) shares fell marginally Wednesday amid an 11.5% slide in April. The company is navigating geopolitical and regulatory challenges as global energy flows and U.S. policy shifts have reshaped the sector in recent weeks. What To Know: In China, once a growing destination for U.S....

Northern Oil and Gas Inc (NYSE:NOG) shares are rising in extended trading Wednesday after the company provided an update on first-quarter hedging results and shareholder returns. What Happened: Northern Oil and Gas reported estimated unrealized mark-to-market gains on derivatives of $9 million to $...

BP PLC (NYSE:BP) shares are down Friday after the company updated first-quarter guidance. The company expects upstream production to decline compared to the previous quarter, with slightly higher production in oil production and operations and less in gas and low-carbon energy. In the gas...