The chairman of the Commodity Futures Trading Commission signaled Tuesday that his agency is likely to limit financial speculators' ability to drive up prices for oil and other fuels.
Excessive speculation, suggested CFTC chief Gary Gensler, drove the price of oil to a record $147 a barrel a year ago, making it unnecessarily more expensive for Americans to heat their homes and fuel their cars.
In break with Bush, speculators blamed for oil price spikes
In a pair of controversial environmental decisions, the Biden administration is moving to end all new...
Drone strikes on Saudi Arabian oil facilities have disrupted about half of the kingdom's oil capacity,...
Solar power shines bright in California, and wholesale energy prices prove it. Last winter and early...
