When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

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The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday

The Strait of Hormuz is a narrow passage of water that connects the Persian Gulf and the Gulf of Oman. It is 21 miles wide at its narrowest point with a 2-mile wide shipping lane in either direction. It is the primary route Middle Eastern countries use to ship crude oil and petroleum products from the Persian Gulf to the rest of the world.

Fuel prices jumped eleven cents in one day nationwide to $3.10 per gallon. Kansas pump prices jump nearly 13 cents to just under $2.70/gal. Diesel prices are up 17 cents from a week ago across the state ($3.525) and across the nation ($3.891).

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 551 this week,

The chairman of the Texas Railroad Commission visited central Texas Tuesday to discuss the oil and gas industry’s economic impact and how regulators are responding to emerging challenges.

Actor Ted Danson speaks to a crowd at the CEC's Environmental Hub on Friday about new offshore oil drilling off the coast of Santa Barbara. The Bureau of Land Management also announced a new study on Jan. 13 that could open 400,000 acres of land in Santa ...