US to boost gas exports to Germany under deal with EnBW
The newest US exporter of liquefied natural gas has signed a deal to increase exports to Germany, one of a flurry of sales to Europe amid a scramble to replace Continue Reading
Is This The Next Major Threat For Oil Demand?
Manufacturing growth in the United States slowed in September to its lowest rate since the pandemic recovery started Global maritime trade growth is slowing in a sign that the global Continue Reading
Explainer: Why are fuel prices rising again in some U.S. regions?
A gas pump is inserted inside an Audi vehicle at a Mobil gas station in Beverly Boulevard in West Hollywood, After a tumultuous year, U.S. gasoline prices have been steadily Continue Reading
The White House Is In A Panic To Stop The OPEC+ Production Cut
The White House is up in arms to try and prevent a potentially major production cut in OPEC+ just a month before midterm elections when the current administration least needs Continue Reading
U.S. oil groups urge Biden to take fuel export ban off table -letter
The largest U.S. oil trade groups said on Tuesday that they have “significant concerns” that the Biden administration is considering limiting fuel exports to lower consumer prices and urged top Continue Reading
Florida has a flood problem and insurance problem
Hurricane Ian hit the Florida coast last week, leaving huge amounts of damage and a large death toll in its wake. Governor Ron DeSantis is piecing together recovery efforts while Continue Reading
U.S. job openings drop sharply, labor market starting to loosen
U.S. job openings fell by the most in nearly 2-1/2 years in August, suggesting that the labor market was starting to cool as the economy grapples with higher interest rates Continue Reading
Russian Oil Price Cap Is Coming Within Weeks, US Treasury Official Says
The Group-of-Seven industrialized economies are within weeks of announcing a formal cap on the price of Russian oil, according to a US Treasury official. The step will be announced “substantially Continue Reading
U.S. Electric-Vehicle Tax Breaks Rile Asian, European Allies
The U.S.’s new tax-break scheme for electric vehicles has drawn angry responses from the country’s key allies in Asia and Europe, highlighting a tension between government support for the domestic Continue Reading
Why The U.S. Will Not Ban LNG Exports
The White House intends to keep LNG exports to Europe flowing through winter. American LNG has been crucial in meeting demand in Europe, which is scrambling for gas supply and Continue Reading