An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation’s petroleum stockpile to ...

In late November 1973, the world was just beginning to feel the fallout from the Yom Kippur War, a conflict between Israel and its neighbors Egypt and Syria. To punish the United States and other ...

An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nations petroleum stockpile to ...

A marquee displays gas prices at a Shell station on Monday, Nov. 22, 2021, in San Francisco. President Joe Biden on Tuesday, Nov. 23, 2021, ordered 50 million barrels of oil released from America's ...

Petroleum, derived from ancient marine organisms, is crucial for making products like plastics and fuels. Nearly half of a crude oil barrel is refined into gasoline, powering most vehicles. The ...

DALLAS (AP) — President Joe Biden plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan ...

President Biden announced Thursday that his administration will release 180 million barrels of oil from the nation's Strategic Petroleum Reserve over the next six months in a move to curb soaring ...

DALLAS (AP) — President Joe Biden plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan ...

DALLAS — President Biden will release an additional 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies ...