US Treasury secretary Janet Yellen said the move by Opec+ to cut oil production was “unhelpful and unwise” for the global economy, particularly emerging markets already struggling with high energy Continue Reading
U.S. President Joe Biden and Saudi Crown Prince Mohammed bin Salman attend an Arab summit, in Jeddah, Saudi Arabia, July 16, 2022. REUTERS/Evelyn Hockstein/File Photo WASHINGTON/LONDON, Oct 8 (Reuters) – Continue Reading
The United States averted a national freight rail strike a few weeks ago, when the Biden administration stepped in to broker a deal between rail companies and their union employees. Rail workers Continue Reading
One central theme that comes to mind is the impact of higher natural gas prices and, by extension, power prices. Americans will soon see higher gasoline prices at the pump Continue Reading
The OPEC+ organization’s decision this week to cut oil production despite stiff U.S. opposition has further strained already tense relations between President Joe Biden’s White House and Saudi Arabia’s royal Continue Reading
The Biden administration on Friday announced sweeping new limits on the sale of semiconductor technology to China, a step aimed at crippling Beijing’s access to critical technologies that are needed Continue Reading
The Biden administration on Friday published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. Continue Reading
A barge travels along the Mississippi River in Memphis, Tennessee, in 2021. Photographer: Houston Cofield/Bloomberg The Mississippi River is a vital US waterway that ferries key commodities between the heart Continue Reading
Some claim that the United States became energy independent under Trump, and then lost it under Biden. Energy independence is defined as producing more energy than we consume. The United Continue Reading
Highlights US corn less competitive amid logistical issues on the Mississippi River Total commitments for 2022-23 dropped 50% on the year, 42% below the five-year average CIF New Orleans corn Continue Reading
