Goldman Cuts U.S. Growth Forecasts
Goldman Sachs Group Inc. economists cut their forecasts for U.S. growth this year and next, blaming a delayed recovery in consumer spending. Goldman’s team, led by Jan Hatzius, said in Continue Reading
Floods Threaten a Quarter of Critical Infrastructure in U.S.
If the floods don’t get you, lack of electricity or a swamped hospital might. Nearly a quarter of U.S. critical infrastructure—utilities, airports, police stations and more—is at risk of being Continue Reading
Soaring Energy Prices Raise Concerns About U.S. Inflation, Economy – WSJ
The U.S. economy is facing a new threat: rising energy prices. Crude oil has risen 64% this year to a seven-year high. Natural-gas prices have roughly doubled over the past Continue Reading
Is America Doomed To Replicate Europe’s Energy Crisis?
What is happening in Europe—including the UK, by the way, one of the most active energy transitioners—right now is a cautionary tale of magnificent proportions. Europe was in no particular Continue Reading
China presses U.S. to cancel tariffs in test of bilateral engagement
WASHINGTON, Oct 8 (Reuters) – China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries’ top trade officials that Washington saw as a Continue Reading
Hurricanes, Wildfire and Ice: 2021 Is Rife With U.S. Disasters
The U.S. has endured 18 major weather and climate disasters so far this year that killed a combined 538 people and inflicted more than $100 billion in damage, according to Continue Reading
Fertilizer Index Hits Record, Threatening Higher Food Prices
A gauge of North American fertilizer prices soared to a record high, driving up costs for farmers and threatening to worsen food inflation. The Green Markets North America Fertilizer Price Continue Reading
California Oil Spill ‘Worst Case Discharge’ Is 131,000 Gallons, U.S. Coast Guard Estimates
The U.S. Coast Guard is working to assess the total number of gallons of oil leaked off the coast of Southern California, as an investigation into the spill’s cause continues. Continue Reading
Oil companies ask Canada to pay for 75% of carbon capture facilities
Oil and gas companies have asked the Canadian government to design a tax credit to pay for 75% of the cost to build carbon capture facilities that will curb greenhouse Continue Reading
U.S. says all options ‘on the table’ to tackle energy crunch
The U.S. Department of Energy (DOE) on Thursday said all “tools are always on the table” to tackle tight energy supply conditions in the market. The department made the comment Continue Reading