Oil Markets Are Bracing For Further Supply Disruptions
Oil markets are once again on edge about potential supply disruptions. The continued efforts by the EU to ban Russian oil imports and the renewed efforts by the U.S. Senate Continue Reading
Modi Faces a Dilemma: Keep Indian Voters Happy or Feed the World
A growing food security threat is set to push Indian Prime Minister Narendra Modi into a conundrum: continue sending wheat to countries hit by dwindling supplies from the war in Continue Reading
China builds permanent COVID testing stations for life after lockdown
China is setting up thousands of permanent PCR testing stations, with 9,000 already completed in Shanghai alone, as authorities seek to “normalise” tough pandemic controls even after the current round Continue Reading
Chinese Tech Giants Quietly Retreat From Doing Business With Russia
Chinese tech companies are quietly pulling back from doing business in Russia under pressure from U.S. sanctions and suppliers, despite calls by Beijing for companies to resist overseas coercion. Several Continue Reading
Column: U.S. gas prices soar as Europe and Asia scramble for LNG
U.S. gas prices have surged to the highest level in real terms since the financial crisis in 2008 as strong demand for LNG from buyers in Europe and Asia puts Continue Reading
U.S. Gasoline Futures Settle at Record High Ahead of Summer
Gasoline futures in New York settled at a record high on Friday, three weeks before the start of the U.S. summer driving season. At $3.76 a gallon, the futures are Continue Reading
Rapid Pace of U.S. Job Growth Stretched Into April
Employers are trying to hire from an unusually tight pool of workers available. Former Treasury Secretary Lawrence Summers discusses the Federal Reserve’s policy meeting and the outlook for U.S. growth Continue Reading
U.S. Rig Count Ticks Higher As Oil Prices Head For Another Weekly Gain
The number of total active drilling rigs in the United States rose by 7 this week, after an increase of 3 rigs in the week prior, according to new data Continue Reading
California says it needs more power to keep the lights on
California energy officials on Friday issued a sober forecast for the state’s electrical grid, saying it lacks sufficient capacity to keep the lights on this summer and beyond if heatwaves, Continue Reading
Heat Pumps Are the Ultimate Climate Techno-Fix, But Not a Silver Bullet
Russia’s invasion of Ukraine has shown once and for all that we must get off fossil fuels—fast. Heat pumps are a big part of the solution to stopping burning them Continue Reading