Storm-battered Louisiana residents and area businesses, who have endured almost a week without electricity, are having trouble finding generators or fuel to power them, making it difficult for residents to Continue Reading
U.S. hiring slowed sharply in August as the surging Delta variant dented the pace of the economic recovery. The U.S. economy added 235,000 jobs last month, the Labor Department said Friday, falling Continue Reading
The semiconductor shortage is short-circuiting heavy-duty truck production as supply-chain disruptions hamper efforts to meet robust demand for new big rigs. North American production of Class 8 trucks, the big Continue Reading
The U.S. economy created the fewest jobs in seven months in August as hiring in the leisure and hospitality sector stalled amid a resurgence in COVID-19 infections, which weighed on Continue Reading
A global shortage in semiconductor chips has been wreaking havoc on diverse sectors, including the tech, automotive, consumer electronics industries, and everything in between. After years of tepid demand, the Continue Reading
WASHINGTON, Sept 2 (Reuters) – U.S. Energy Secretary Jennifer Granholm on Thursday authorized the country’s emergency oil reserve to loan 1.5 million barrels of crude to an Exxon Mobil (XOM.N) Continue Reading
The volume of oil shut in by Hurricane Ida in the Gulf of Mexico rose on Thursday to 1.7 million barrels per day of offshore oil output, up 240,000 barrels Continue Reading
The refineries in Louisiana that were shut ahead of or during the passing of Hurricane Ida this weekend could take weeks to restart as power and water services have yet Continue Reading
Highlights Production to stay shut-in pending confirmation Shore base, heliport temporarily relocated BP said Sept. 2 that flyovers across the US Gulf of Mexico have indicated “no obvious major damage” Continue Reading
U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production Continue Reading
