We Can’t Drill Our Way to Energy Security
Thanks to a remarkable oil and gas boom, the United States has achieved the long-sought goal of energy self-sufficiency: We now produce more oil and refined products, natural gas and Continue Reading
Only Three US States Have Pump Prices Below $4 a Gallon
The average retail price of unleaded gasoline in the US has climbed for 19 straight days, extending a record rally to $4.432 a gallon, according to the latest data from Continue Reading
Electric-Vehicle Startups Run Low on Cash After SPAC Deals
Several electric-vehicle startups that went public by merging with special purpose acquisition companies, or SPACs, in the last two years made some nervy disclosures this week. Canoo, the buzzy electric-van Continue Reading
The Temperature Is the Least Surprising Part of the Texas Heat Wave
Temperature in Continental US on May 9. Source: National Weather Service/NOAA Texas suffered extremely high temperatures in the last week, reaching 112° Fahrenheit (44.4° Celsius) in Rio Grande Village, near Continue Reading
Port of Long Beach sees busiest April on record as US import strength persists
Highlights Import volumes grow 9.2% on year ‘Summertime surge’ likely as China reopens Empty exports continue monthly increases The Port of Long Beach, California said May 13 it had its Continue Reading
S&P drops on fears of prolonged inflation
U.S. stocks ended a whipsaw session lower on Thursday, as investors fretted inflation could remain elevated for longer than expected, which could prompt the Federal Reserve to hike interest rates Continue Reading
Rising Diesel Costs are Straining U.S. Truckers, Shipping Operations
Diesel costs are reaching new highs across the U.S., straining the operations of trucking companies and wrecking the transportation budgets of businesses that need to ship goods. The price of Continue Reading
Record heat fueling severe storms, tornadoes in central U.S.
A sprawling dome of summerlike heat has swelled from Texas to Wisconsin and is poised to shatter records in more than a dozen states. Madison, Wis., Chicago, Des Moines, St. Continue Reading
Study finds cleaner air leads to more Atlantic hurricanes
Cleaner air in United States and Europe is brewing more Atlantic hurricanes , a new U.S. government study found . The National Oceanic and Atmospheric Administration study links changes in Continue Reading
US natural gas production growth to exceed demand increases this summer: NGSA
Summer-on-summer daily production growth forecast at 3.6 Bcf/d Production growth to come in 1 Bcf/d above demand growth US natural gas production will grow materially this summer comparedi with summer Continue Reading