The U.S. is considering sanctions that would target a United Arab Emirates-based businessman and a network of companies suspected of helping export Iran’s oil, part of a broader effort to Continue Reading
One way they are doing so is by relying more on dollar and discount stores for groceries. Average spending on grocery products at discount chains increased 71% from October 2021 Continue Reading
A fast-growing wildfire fueled by strong winds from thunderstorms and high temperatures in Northern California has grown to more than 52,000 acres in two days, becoming the state’s largest wildfire Continue Reading
If you’ve traveled much by air over the past few months, chances are you have encountered difficulties: flight delays and cancellations, misplaced luggage, massive lines for check-in and security. Commercial Continue Reading
America’s oil inventories are hovering around multi-year lows despite releases from the SPR. Distillate fuel oil inventories, which are most closely related to the economic cycle, are at the lowest Continue Reading
Of all the drivers behind the dramatic rise in U.S. inflation in the past year, perhaps the most acute is the surge in energy prices. It may also be among Continue Reading
Shale explorers are searching for oil at rates not seen since the early weeks of the pandemic as high crude prices incentivize drilling. Oil rigs operating in US fields increased Continue Reading
Across Montana’s 147,000 square miles, the state government recently counted 57 charging stations. Building a nationwide network requires putting EV chargers in the middle of nowhere. Montana’s vast spaces and Continue Reading
A job fair in Albuquerque, N.M. Job hopping for higher wages has put pressure on companies as they compete for talent. The U.S. economy is enduring a rocky transition from Continue Reading
U.S. refiners: there’s no indication of fuel demand destruction. The latest reporting week in EIA data showed that gasoline demand increased from 8.52 million barrels per day (bpd) to 9.25 Continue Reading
