The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Trump has spoken of imposing a “universal” tariff on all imported goods of as much as 20%, with the exception of Chinese ...

Oil and natural gas are highly volatile commodities. That's probably the first lesson that investors in energy stocks learn ...

China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...

The October consumer price index shows that low oil and gasoline prices due to geopolitical pressures have kept inflation in ...

California's air board approves controversial changes to key climate program, potentially raising gas prices amid ...

There are still some pockets of deflation in the U.S. economy, though the dynamic has become more muted as supply chains ...

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...

While certain spending categories are down – fuel oil for example is 20% cheaper than it was last fall – inflation is still ...

Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price ...

Used car prices have remained elevated for a number of years due to ... Some maintenance is regular and comes with a ...

In 2022, the rental car company announced it would spend $4.2 billion before ... which is more costly than the gasoline used ...