US oil, gas rig count climbs 8 to 560 on strong Permian activity
The US oil and gas rig count climbed eight to 560 in the week ended June 9, rig data provider Enverus said June 10, as the number of oil-focused rigs Continue Reading
Gore pressed Biden to stick with climate plans as liberals fear White House is softening its agenda – The Washington Post
A number of Democrats are growing increasingly nervous that the White House could agree to a bipartisan infrastructure deal that scales back key climate-change initiatives, prompting a lobbying push that Continue Reading
Prices Jumped 5% in May From Year Earlier, Faster Than Expected
Consumer prices rose at the fastest annual rate since 2008 in May, a bigger jump than economists had expected and one that is sure to keep inflation at the center Continue Reading
BNEF’s latest projection shows EVs as $46T market opportunity between now and 2050
EV sales are set to rise faster than ever, but governments aiming for net-zero carbon emissions by 2050 must do more to spur their adoption, according to BloombergNEF’s (BNEF) latest Continue Reading
Earthquakes on Record-Breaking Pace in U.S. Shale, Study Finds
The number of earthquakes rattling the U.S. shale patch is growing exponentially as producers pump massive amounts of dirty water from their oil and gas wells back underground. Tremors registering at Continue Reading
Hoover Dam Reservoir at Lowest Since 1937 as Drought Worsens
The Hoover Dam near Boulder City, Nev., on March 7. The reservoir level at the iconic Hoover Dam in the U.S. Southwest has plunged to its lowest since 1937 as Continue Reading
Another jump in prices tightens the squeeze on US consumers
American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008. The May Continue Reading
US unemployment claims fall to 376,000, sixth straight drop
The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy, held back for months by the coronavirus pandemic, reopens rapidly. Jobless claims Continue Reading
American Airlines Invests in Electric Flying Taxis
American Airlines Group Inc. AAL -1.64% is the latest carrier to get in on the flying taxi trend as airlines, aerospace manufacturers and tech companies vie to get the new aircraft off the ground. The airline Continue Reading
Lake Mead: Largest US reservoir dips to record low
Reuters image captionReceding water levels have exposed bleached-white embankments of Lake Mead The largest reservoir in the US has dipped to its lowest ever level, officials say, as an extreme Continue Reading