Why the Price of Gas Is the Most Important Number in US Politics
Gasoline accounts for a shrinking share of household budgets, but its political power can still make or break a presidency. By In his 1987 book, Trump: The Art of the…
Trump Discussed Sanctioned Chinese Oil Refiners With Xi, Considering Lifting Bans
Chinese President Xi Jinping and U.S. President Donald Trump attend a meeting on the sidelines of their visit to the Zhongnanhai Garden in Beijing, China, May 15, 2026. REUTERS/Evan Vucci…
White House Has Few Tools for Gas-Price Relief as Iran War Drags On
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: White House weighs gas tax suspension as fuel prices surge, options dwindle Polls show most Americans feel…
US House Passes Bill Allowing Year-Round Sales of E15 Gasoline
(Reuters) – The U.S. House passed legislation on Wednesday that would allow nationwide year‑round sales of gasoline containing 15% ethanol, handing a major win to biofuel producers and farm groups…
U.S. Officials Flag Prospect of Chinese Energy Purchases After Trump-Xi Meeting
(Reuters) – U.S. officials raised the prospect of China buying more American energy after Presidents Donald Trump and Xi Jinping held talks in Beijing on Thursday. Get the Latest US…
Oil Prices Flat After Iran Says Dozens of Vessels are Crossing Hormuz
Summary Trump, Xi begin Beijing talks with trade truce, Iran war in focus China- and Japan-linked oil tankers pass through Hormuz (Reuters) – Oil prices were flat, having erased some…
New Attacks Reported on Ships Near Hormuz as Trump Discusses Iran with Xi
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: Trump expected to seek China’s help to break Iran impasse Rubio warns Beijing that support for Tehran…
US Upstream Oil and Gas Dealmaking Hit Two-Year High in Q1 2026
By HOUSTON, May 13 (Reuters) – Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly…
Exxon, Chevron Face Dissent From Proxy Firms Ahead of Annual Meetings
By HOUSTON, May 13 (Reuters) – Proxy advisory firms Glass Lewis and Institutional Shareholder Services have recommended that Exxon Mobil (XOM.N) and Chevron (CVX.N) investors vote against some of the…
US Energy Firms Pull Record Amounts of Crude From SPR Last Week, EIA Says
(Reuters) – U.S. energy firms pulled a record 8.6 million barrels of crude from the Strategic Petroleum Reserve (SPR) in the week ended May 8, reducing the total amount of…
