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The U.S. raised its forecast for domestic oil production next year after the recent surge in prices due to supply disruptions from key Middle East countries.

With federal highway programs expiring Sept. 30, ATA's Women In Motion Council is pressing lawmakers to prioritize truck parking in the next surface transportation reauthorization.

President Donald Trump's administration said March 9 that it believes the firing is justified. Todd Inman said, “I look forward to defending my reputation through all legal means possible.”

If Exxon’s move happens, corporate governance matters such as company bylaws, fiduciary duties of directors and shareholder voting rights would be shifted to comply with Texan law.

With a key shipping route cut off, oil prices have surged — from less than $70 a barrel on Feb. 27 to nearly $120 early March 9 before settling closer to $90. They’ve taken diesel and gasoline prices with them.

Saudi Arabia, Iraq, the United Arab Emirates and Kuwait have lowered their collective output by as much as 6.7 million barrels a day, Bloomberg reports. That amounts to about 6% of global supply.

Nearly all goods — including food — that are bought and sold must travel from where they’re produced. Those costs will climb with higher gasoline, diesel and jet fuel prices.

The U.S. stock market careened through a manic March 9, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long.

President Donald Trump is mulling a menu of possible options to combat surging oil and gasoline prices in the wake of the Iran war, according to people familiar with the matter.

The selected projects include a partnership between the Port Authority of New York and New Jersey and companies Joby Aviation, Archer Aviation, Beta Technologies and Electra.