Biden Seen Calling for Temporary Gas Tax Suspension
Lawmakers of both parties have expressed concern, with some Democrats worrying that oil companies might pocket much of the savings.
Exxon Has Surged This Year. Why One Analyst Sees More Gains Ahead.
The oil giant's shares are up around 50% so far this year, but have more room to run, according to Credit Suisse.
Oil prices score a partial rebound from last week's sharp losses
Oil futures finish higher Tuesday to mark a partial rebound from sharp losses last week, with tight global supplies coming back into focus as U.S. traders returned from a three-day weekend.
India Tells Oil Companies to Scoop Up Russian Crude
The Indian government has asked state oil companies to scoop up huge volumes of cheap crude from Russia, according to industry executives.
Solar-Power Developers Pledge to Buy U.S. Panels-If Someone Makes Them
A group of American renewable-energy developers is making a $6 billion offer to solar manufacturers: Build panels in the U.S. and we will buy them.
U.S. Natural-Gas Exporter Completes First Deal With German Buyer
Venture Global struck the first binding deals by a U.S. natural-gas exporter to supply a German company, as Europe turns to America to help replace supplies from Russia.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities
Biden Near Decision on Backing Federal Gas-Tax Holiday
Any suspension in the federal gas tax of 18.4 cents a gallon would require action from Congress. So far, Democratic-led efforts to temporarily pause collecting the tax have failed to gain traction.
Less Russian Gas Puts Europe's Winter Fuel Supply in Jeopardy
Russia's throttling of natural gas to Europe is endangering the continent's race to sock away enough fuel to ride out next winter.
Australia Competition Watchdog to Investigate Energy Profits
Australia's competition regulator will investigate the size of energy companies' profits and margins amid soaring electricity and gas prices.
(END) Dow Jones Newswires
06-22-22 0015ET
