Add Yahoo as a preferred source to see more of our stories on Google. With so much oil trapped in the Middle East, why don't other countries buy more from the U.S.? And why are our gas prices surging ...

With so much oil trapped in the Middle East, why don't other countries buy more from the U.S.? And why are our gas prices surging when the U.S. is the world's leading oil producer? Craig Patrick ...

Oil may be in the ground, but it's also in headlines amid political turmoil, rising prices and earthshaking news. Two Texas Tech University professors explained oil, the economics of it, and why gas ...

When gas prices spike, the approval rating for the president typically falls. Now that the war in Iran has pushed the national average price of gas above $4 a gallon, Republicans are watching closely ...

Phoenix area drivers can find cheaper gas at warehouse clubs like Costco and Sam’s Club. These stores offer lower gas prices to attract members into their warehouses to buy other items. A membership ...

WASHINGTON (AP) — As the war in Iran pushes U.S. gas prices toward $4 a gallon nationally, some lawmakers are pushing to suspend the federal gasoline tax in the latest attempt to try to control ...

No single country, company or group sets oil prices. Instead, prices are determined through global trading. According to the U.S. Energy Information Administration (EIA), millions of buyers and ...

BEND, Ore. (KTVZ) — The Strait of Hormuz is easy to miss on a world map, a narrow ribbon of water squeezed between Iran and Oman, but it carries an outsized share of the world’s oil and gas. Every day ...

If you're worried about how the war in Iran could affect your wallet, you've probably already read our article on the economic impacts to expect. But circumstances are ever-changing, and it can be ...

Nick is a freelance writer from Chicago, IL, with a BA in Creative Writing from the University of Illinois at Urbana-Champaign. His lifelong belief in the artistic power of video games led him to ...