oil

The U.S. announced the sanctions last year to push Iranian leaders to renegotiate an agreement aimed at keeping them from developing nuclear weapons.

Hassett told reporters at the White House he's not concerned that the decision will negatively affect oil prices.

Shares of Anadarko jumped 30.3% before the market opened, while Chevron's stock fell 3.2%.

Several states are considering increasing fines and prison terms for such incidents and holding associated organizations legally accountable as well.

The oil company can still press its case with Interior or continue to challenge the matter in court.

Oil prices jumped to fresh highs last night on reaction to the chilly reception to Trump's concern, with several oil ministers downplaying the rise in oil prices.

The ruling covers sales beginning this December involving hundreds of thousands of acres in Colorado, Montana, Wyoming, Nevada and Utah.

Now that summer is over, gas prices are likely to seasonally decline by the end of the year.

Texas gained three rigs, Louisiana and Pennsylvania each increased by two and Oklahoma added one.

Last week saw a small party at the pump- gas prices in nearly all states moved lower as the national average fell to its lowest in 75 days.