Shell says it will stop buying Russian oil, natural gas

The decision comes just days after Ukraine’s foreign minister criticized Shell for continuing to buy Russian oil, lashing out at the company for continuing to do business with President Vladimir Putin’s government.

FOX 7 Discussion: Possible ban of imports of Russian oil

Former Texas GOP Chairman James Dickey and Glenn Smith from Progress Texas join FOX 7 Austin's Mike Warren for a FOX 7 Discussion on the rise in gas prices nationwide.

Oil, gas industry reacts to support from Elon Musk

Local Austines are expressing their concerns with the rise in gas prices. Even Tesla owner Elon Musk said there is a need to increase gas and oil output immediately.

US average price of gas to exceed $4 a gallon this summer, GasBuddy predicts

GasBuddy predicts the U.S. national average price of gas could reach up to $4.25 in May 2022 and remain above $4 per gallon through October.