Gasoline Prices Serious Problem For Most Americans: Poll
More than half of all Americans have found the price of gasoline a “very serious problem” or “somewhat serious problem” according to new polling data . A new Quinnipiac poll Continue Reading
Russia Softens Iran Demands, Re-Opening Way for Nuclear Deal
Russia walked back recently made demands on Washington related to the Iran nuclear deal, clearing the way for Tehran and Washington to revive the 2015 agreement, senior western diplomats said. On Tuesday, after Continue Reading
The Majority Of Americans Wants To Revive Keystone XL Pipeline
Most Americans now support a resurrection of the Keystone XL oil pipeline project for carrying oil from Canada to the United States, a new poll showed after the U.S. banned Continue Reading
US coal producers cannot ramp up to feed Russia’s European customers
Highlights Recent prices almost triple average Power plant regulations inhibit investment ‘A full suite’ of EPA rules in the works The global coal market cannot scale up to supply Russia’s Continue Reading
US ‘finalizing’ details to revoke Russia’s most-favored nation trade status
The move could raise duties for metal imports from Russia House, Senate working to advance legislation Political officials in the US are advancing discussions on a proposal to revoke Russia’s Continue Reading
Citigroup, the biggest U.S. bank in Russia, will pull out more business.
Citigroup, the American bank with the largest presence in Russia, said it would broaden its planned withdrawal from the country because of the war in Ukraine. Citi, which announced plans Continue Reading
The Inflation Hits Just Keep Coming, Raising Stakes for the Fed
Escalating sanctions by the West to punish Russia for its war against Ukraine are driving fears that an episode of increased inflation, already at its highest levels in 40 years, will become harder Continue Reading
Why A Windfall Profit Tax Would Be A Disaster For U.S. Oil
Senators Elizabeth Warren and Ron Wyden have proposed a windfall profit tax on oil companies, a proposal that was tried before in the 1980s and that failed miserably. While the Continue Reading
U.S. gasoline prices edge lower after hitting record high last week
U.S. gasoline prices at the pump edged lower over the weekend after reaching all-time highs last week following Russia’s invasion of Ukraine. Retail gasoline prices fell for the second straight Continue Reading
Iran will stay in nuclear talks till ‘strong deal’ is reached – top security official
Iran will stay in the Vienna nuclear talks until its demands are met and a “strong agreement” is reached, Iran’s top security official Ali Shamkhani said on Monday. Talks to Continue Reading