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Month: May 2022

Category:
  • North Korea

N. Korea reports 6 deaths after admitting COVID-19 outbreak

 Six people have died and 350,000 have been treated for a fever that has spread “explosively” across North Korea, state media said Friday, a day after the country acknowledged a Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Economy
  • USA

S&P drops on fears of prolonged inflation

U.S. stocks ended a whipsaw session lower on Thursday, as investors fretted inflation could remain elevated for longer than expected, which could prompt the Federal Reserve to hike interest rates Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Prices
  • Shipping
  • USA

Rising Diesel Costs are Straining U.S. Truckers, Shipping Operations

Diesel costs are reaching new highs across the U.S., straining the operations of trucking companies and wrecking the transportation budgets of businesses that need to ship goods. The price of Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Air Lines

With Airfare Prices Up Over 18%, You’ll Need More Than Luck to Find Cheap Flights

As summer approaches, the usual cost-saving tricks are no match for the current demand Travelers who haven’t yet booked summer vacations are left with tough choices: Pay steeper prices, find Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

Record heat fueling severe storms, tornadoes in central U.S.

A sprawling dome of summerlike heat has swelled from Texas to Wisconsin and is poised to shatter records in more than a dozen states. Madison, Wis., Chicago, Des Moines, St. Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count gains three, totaling 806 on week; Bakken highest since April 2020: Enverus

Highlights Permian adds most rigs on week, up 4 to 329 Most basins gain rigs; only DJ loses a rig Total rig count is approaching pre-pandemic levels The US oil Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Germany
  • Russia

European Gas Surges as Germany Clashes With Russia Over Supply

European natural gas prices jumped as some shipments from Russia were disrupted, and Germany said Moscow was using energy as a weapon in an escalating clash over supply. The benchmark Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Germany

German lawmakers approve possible expropriation of energy companies

 Germany’s lower house of parliament on Thursday approved a new version of a bill to secure energy supply, including possible expropriation of critical energy infrastructure and assets in the event Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

EU readies 195 billion euro plan to quit Russian fossil fuels

 The European Commission plans to unveil a 195 billion euro plan to stop importing Russian fossil fuels by 2027, combining a faster rollout of renewable energy and energy savings with Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Germany
  • Poland

Poland says further oil help for Germany depends on ending Russian ownership

 Poland will only help Germany to seek further alternatives to Russian oil if it ends the Russian ownership of the PCK Schwedt refinery, Poland’s climate minister said on Thursday. The Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple

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