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Category: USA

Category:
  • Climate
  • USA

A short history of U.S. oil refining losses due to hurricanes

Clouds from Hurricane Harvey are seen in the background as smoke rises from a burn off at an oil refinery Historically, the Atlantic hurricanes have prompted U.S. oil refiners to Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • USA

U.S. to add 6 GW offshore wind capacity through 2029 -EIA

Power plant developers and operators plan to install more than 6 gigawatts of offshore wind capacity at sites mostly along the U.S. eastern seaboard over the next seven years, the Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • Economy
  • USA

Economists Sour on US Outlook After Spending Stumbles

US Jobless Claims Fall, Consumer Spending Softens An influx of data showing softer consumer spending, sagging sentiment and subdued manufacturing suggest a US economy with a more fragile foundation, prompting Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • Agriculture
  • USA

King Corn to the Rescue for Food Inflation as Plantings Rise

 Corn is again the top US crop after soaring grain prices motivated farmers to shrug off weather woes and high fertilizer costs to plant more than expected while cutting back Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

EPA Isn’t ‘Knocked Out,’ But Doing Its Job Just Got Much Harder

The Supreme Court ruling Thursday that curtailed the Environmental Protection Agency’s flexibility to curb power-plant emissions on a systematic basis is setting the stage for a piecemeal approach to the Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • Electric Cars
  • USA

General Motors Slowly Ramps Up Electric Hummer Production

The waiting list for General Motors Co.’s GM -5.05%▼ new GMC Hummer electric pickup truck and related SUV model recently topped 77,000 prospective buyers. Most are likely in for a long wait. GM’s renovated Detroit factory, Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

Court Decision Leaves Biden With Few Tools to Combat Climate Change

 One by one, the tools available to President Biden to fight climate change are being stripped away. After a Supreme Court decision on Thursday, the Environmental Protection Agency will have less authority Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • Transportation
  • USA

Auto Sales Slide, Prices Soar in First Half of 2022

Supply-chain kinks continued to suppress vehicle inventory and sales in the first half of the year, exacerbating a seller’s market that has pushed new-car prices to record highs. Sales of Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • Prices
  • USA

Why $5 Gasoline Won’t Cause A Recession

Oil prices fell on Wednesday after a report was released by the EIA showing an uncharacteristic slowdown in gasoline demand. Despite this demand destruction, it is unlikely that high oil Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple
Category:
  • EU
  • LNG
  • USA

EU Imports More U.S. LNG Than Russian Pipeline Gas For The First Time Ever

For the first time in history, U.S. LNG overtakes Russian piped gas in EU. IEA: The drop in Russian supply calls for efforts to reduce EU demand to prepare for Continue Reading

Posted On : 1 Jul 2022 Published By : Tom Whipple

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