The White House on Thursday morning announced it had reached a “tentative” agreement to avert a national rail strike that had threatened the nation’s economy. President Biden said in a Continue Reading
The U.S. Bureau of Labor Statistics has released a report showing the second consecutive monthly drop in producer prices, prompted by steadily declining gasoline prices. The Producer Price Index (PPI) Continue Reading
Despite soaring global demand for natural gas, Canadian producers are struggling with volatile prices and deep discounts at Alberta’s AECO hub, one of the largest storage facilities in North America Continue Reading
Natural gas futures surged the most among major US-traded commodities as hot weather forecasts and a looming rail strike added to concern about tight supplies ahead of winter. Gas for Continue Reading
The Biden administration on Wednesday issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal Continue Reading
A Shell station in Houston. An internal email in 2020 said the company’s announcement of a pathway to net zero emissions had “nothing to do with” its business plans.Credit…Brandon Bell/Getty Continue Reading
The Mosquito fire, which has been tearing through the Sierra Nevada foothills since last week, became California’s largest blaze of the year on Wednesday. The fire formed on Sept. 6 Continue Reading
European Union lawmakers voted on Wednesday to raise the bloc’s targets to expand renewable power and save energy, backing proposals that had been made more ambitious in a bid to Continue Reading
The European Union’s executive outlined plans on Wednesday to raise more than $140 billion from energy firms to help shield households and businesses from soaring prices that threaten economic recession Continue Reading
The US shale industry has warned it cannot rescue Europe with increased oil and gas supplies this winter amid fears that a plunge in Russian exports will send crude prices Continue Reading
