Oil prices are falling — gas prices aren't. Here's why.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
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Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
A Canadian airline suspends flights to Cuba as U.S sanctions and Trump's tariff threats force Havana to warn carriers there's no way to refuel on the island.
The U.S. has seized seven Venezuelan-linked oil tankers since Dec. 10, 2025.
The Trump administration has not yet disclosed many details about the deal.
President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far more complicated, experts note.
The average price across the U.S. now stands at $2.95 per gallon, down 8.5 cents from a week ago, according to GasBuddy.
The Trump administration is proposing to auction offshore oil drilling leases across new portions of the U.S. coast as soon as 2026, according to internal documents viewed by CBS News.
CBS News looked at the cost of producing coal, gas, nuclear, wind and solar energy to determine which is the cheapest.
The first commercial carbon storage facility has been inaugurated off Norway's coast, but is storing CO2 deep under the seabed really the answer?
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.
Shortening permitting procedures for mining and oil drilling could adversely affect the environment, communities and endangered species, experts say.
Vice President Kamala Harris hasn't yet rolled out her climate policy, but the Democratic Party platform released this week devotes seven pages to the topic.
The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations.
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.
Chevron's purchase of Hess for $53 billion is the second energy industry megadeal this month amid a surge in oil prices.
"Climate change is here. It is terrifying. And it is just the beginning," U.N. Secretary-General Antonio Guterres said.
PM Giorgia Meloni's far-right government tried and failed to block EU plans to ban all new fossil fuel-powered cars by 2035, but it's not giving up the fight entirely.
Climate change initiatives by universities sometimes mask their financial ties to Big Oil. Students are demanding change.
Fire danger is surging back into the weather picture for the rest of the week right on into the start of the weekend. Thursday is a First Alert Weather Day for the return of critical fire weather conditions across most of eastern Colorado including Denver and areas near the base of the Front Range foothills.
Denver is considering a new partnership with Axon in a move away from Flock, the controversial license plate reader company.
After the warmest winter on record and the second-driest in Colorado, farmers across Boulder County are preparing for a difficult growing season, with some expecting fewer crops to reach local markets this year.
A Colorado community is reeling from the death of a 5-year-old boy, and the news of who police suspect to be his killer. The Centennial neighborhood where the boy died is quiet and full of children, according to neighbors.
Workers at the JBS meat processing facility in Greeley are preparing to strike Monday.
Fire danger is surging back into the weather picture for the rest of the week right on into the start of the weekend. Thursday is a First Alert Weather Day for the return of critical fire weather conditions across most of eastern Colorado including Denver and areas near the base of the Front Range foothills.
Denver is considering a new partnership with Axon in a move away from Flock, the controversial license plate reader company.
After the warmest winter on record and the second-driest in Colorado, farmers across Boulder County are preparing for a difficult growing season, with some expecting fewer crops to reach local markets this year.
CBS News Colorado's new documentary, "Making Ends Meet," follows hard-working Colorado families facing financial hurdles that defy easy solutions.
Girls & Science continues at CSU Spur with STEM focused 2nd Saturday event.
The documentary "Making Ends Meet" airs on Friday, March 13 at 6:30 p.m. and will be followed by a panel discussion at 7 p.m.
The bill comes after Edward Aber, former commander of the La Plata County Jail, was charged with over 100 counts of invasion of privacy for sexual gratification and official misconduct.
A man has been indicted on two counts by a grand jury for allegedly tampering with the body of Denver hairstylist Jax Gratton.
Commerce City police said no weapons or explosives were found and no one was injured, but later in the day, they said that two students were arrested for filing a false report of a bomb and an active shooter.
A Colorado community is reeling from the death of a 5-year-old boy, and the news of who police suspect to be his killer. The Centennial neighborhood where the boy died is quiet and full of children, according to neighbors.
As the Colorado Avalanche took to the ice for their morning skate at Ball Arena on Tuesday, 17-year-old Sabrina Cassano stood along the glass smiling ear to ear.
Nathan MacKinnon scored his NHL-leading 43rd goal and scored the winning goal in a shootout, lifting the Colorado Avalanche to a 3-2 victory over the Minnesota Wild on Sunday in a matchup between two of the NHL's top four teams in points.
Iran's women's soccer team was branded "traitors" after declining to sing their national anthem at the Asian Cup in Australia, fueling fear for the women if they returned home.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
A Denver-based UFC fighter will be representing Colorado in the octagon this Saturday night in Las Vegas.
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
The Trump administration asked the Supreme Court to clear the way for it to end temporary deportation protections for more than 350,000 Haitian immigrants.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
The Trump administration asked the Supreme Court to clear the way for it to end temporary deportation protections for more than 350,000 Haitian immigrants.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
In a sign of just how toxic political discourse has become, a debate in Denver aimed at modeling civility ended in a political protest.
A measles outbreak tied to local schools has some parents in the Broomfield community weighing difficult decisions about everyday activities, especially those with infants too young to be vaccinated.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
Health officials in Colorado have identified four additional cases of measles in connection with the recent outbreak at Broomfield High School or Broomfield Heights Middle School and have expanded the list of locations for possible exposure.
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
There's harsh criticism of a Colorado police officer charged with failing to report a crash -- a crash investigators say he was partially responsible for while off-duty. Some of the strongest criticism is coming from an unexpected place.
A CBS Colorado investigation has learned the City of Denver has spent $110,000 on a 14-month investigation of Denver Police Division Chief Magen Dodge, but is refusing to release the completed investigation, which was finalized three months ago.
A Colorado family is calling for change and sharing their struggle after a clinical trial their son relied on suddenly ended.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
A popular youth hockey coach in southern Colorado has been arrested for investigation of felony child abuse after colliding on the ice with one of his players in a case that one of the coach's supporters called a "terrifying precedent for youth sports across the country."