U.S. consumer prices accelerated in October as Americans paid more for gasoline and food, leading to the biggest annual gain in 31 years, more signs that inflation could stay uncomfortably Continue Reading
U.S. inflation hit a three-decade high in October, delivering widespread and sizable price increases to households for everything from groceries to cars due to persistent supply shortages and strong consumer Continue Reading
U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the week ending November 5, 2021 which was 343,000 barrels per day more than the previous week’s average. Continue Reading
Eleven Democratic senators, including several known for their concerns on climate change, urged Biden in a letter this week to act quickly. President Joe Biden faces growing pressure from fellow Continue Reading
President Joe Biden’s administration is targeting one of the tougher sources of climate-warming greenhouse gases with a plan that calls for the U.S. aviation sector to reach net-zero emissions by Continue Reading
Forecast Highlights Global liquid fuels The November Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty related to the ongoing recovery from the COVID-19 pandemic. U.S. gross domestic product (GDP) Continue Reading
Biden’s Infrastructure Bill is often painted as being anti-fossil fuels, but the truth is that the bill will provide a major boost to the oil and gas industry With plenty Continue Reading
The Automotive Monthly Metals Index (MMI) ticked up by 4.2% for this month’s reading. Ford Motor Co. reported total U.S. sales of 175,918 vehicles in October. The October total sales Continue Reading
Rystad Energy’s senior oil markets analyst examines the situation. If the U.S. doesn’t get OPEC+ to respond to its pledge for more output, it has its own arsenal of tools Continue Reading
U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation. Continue Reading
