Reopening Groningen or expanding North Sea drilling will produce gas or oil locally, but prices are set by global markets, so consumers won’t see major relief.

Middle East fighting has led to higher oil prices, causing companies to add fuel surcharges that will impact consumers.

National average gas prices have jumped more than $0.50 a gallon to about $3.60 on March 12 for regular gas since the same ...

U.S. Rep. Haley Stevens' bill would strip federal funding from utilities if they sought a rate increase within a year of their most recent hike.

The large power company will pitch regulators on building two new natural gas power plants in Bay and Genesee counties as it ...

The key geographic chokepoint is the Strait of Hormuz, a narrow waterway connecting the Persian Gulf to global shipping lanes. The Strait is best known for its importance in shipping energy: roughly ...

Gasoline and diesel prices are climbing sharply, pushing up transportation costs across the economy. Food, consumer goods, and shipping costs are r ...

Environmental policy expert warns new gas plants could raise costs for customers, while the utility says it needs to increase ...

Unlike groceries and rent, electricity costs are closely regulated by states. That means state regulators could try to rein in utility companies’ profits to reduce customers’ bills.

But now, a surge in oil prices tied to the war in Iran threatens to undo that progress, and it could keep the central bank in ...

As the war in Iran drives up the price of oil and gas, more U.S. consumers could turn toward electric vehicles as a money-saving option.

Xcel Energy is asking the Public Utility Commission to raise electric rates by nearly 10% per month and gas rates by 11% per month this year primarily to cover the cost of building and maintaining ...