Gasoline prices are surging ahead of Labor Day, with AAA predicting travelers will face the highest pump prices on record for the holiday weekend amid ongoing conflict in the Strait of Hormuz. The national average for regular gasoline reached $4.14 a gallon Thursday, up 4 cents from a week earlier, according to AAA data. Diesel averaged…
Chevron said on Wednesday that it plans to invest $7 billion in Venezuela over the next five years and double its oil production in the country after receiving additional acreage in the crude-rich Orinoco Belt region. Chevron, the only U.S. oil company operating in Venezuela, said the investment will allow it to boost production to about…
President Trump has framed last week’s deal for the U.S. government to take a stake in Venezuela’s oil reserves as a boon not just for gas prices, but also for the Strategic Petroleum Reserve, which has dropped to historically low levels. “One of the things I am going to do with the Venezuelan Oil is…
President Trump on Friday said a U.S. deal with Venezuela to tap its oil reserves “will substantially lower Gas Prices for all Americans, long into the future.” With the average U.S. gas price still above $4 a gallon nationwide, American consumers may be wondering if help is on the way. Don’t hold your breath, energy…
The Trump administration’s plan to take a stake in tens of billions of barrels of Venezuelan oil reserves will hinge on a private company called North American Blue Energy Partners, the White House announced Monday, offering more details on the agreement. Under the deal, the Venezuelan government granted 100-year concessions to NABEP to drill in…
Venezuela’s deposed leader Nicolás Maduro said on social media Sunday that he was “standing firm,” while sharing photographs from the New York prison where he has been held since his capture by U.S. forces. Maduro and his wife, Cilia Flores, were seized in Caracas during a U.S. military operation in January. They are being detained…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Sen. Richard Blumenthal, Democrat of Connecticut Rep. John James, Republican of Michigan David Becker, CBS News election security analyst Afghan General Haibatullah Alizai Click here to browse full transcripts from 2026 of “Face the Nation with Margaret Brennan.” MARGARET BRENNAN: I’m…
President Trump announced a deal Friday to grant the United States majority control of over 65 billion barrels of proven Venezuelan oil reserves — as the Trump administration angles to get oil companies to return to the country after a U.S. military operation replaced the country’s leadership earlier this year. The administration has not yet…
The FBI previously refused to hire job applicants if they admitted to hiring sex workers or stealing from an employer — or engaging in acts of bestiality. Today, those acts, which are mostly illegal across the country, are no longer automatic deal breakers for applicants to the nation’s top law enforcement agency. In June, the…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Neel Kashkari, Minneapolis Fed president and CEO Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator Dr. Scott Gottlieb, former FDA commissioner Rep. Byron Donalds, Republican of Florida and candidate for governor Rep. Seth Moulton, Democrat of Massachusetts and…
