The White House is up in arms to try and prevent a potentially major production cut in OPEC+ just a month before midterm elections when the current administration least needs Continue Reading
The largest U.S. oil trade groups said on Tuesday that they have “significant concerns” that the Biden administration is considering limiting fuel exports to lower consumer prices and urged top Continue Reading
Hurricane Ian hit the Florida coast last week, leaving huge amounts of damage and a large death toll in its wake. Governor Ron DeSantis is piecing together recovery efforts while Continue Reading
U.S. job openings fell by the most in nearly 2-1/2 years in August, suggesting that the labor market was starting to cool as the economy grapples with higher interest rates Continue Reading
The Group-of-Seven industrialized economies are within weeks of announcing a formal cap on the price of Russian oil, according to a US Treasury official. The step will be announced “substantially Continue Reading
The U.S.’s new tax-break scheme for electric vehicles has drawn angry responses from the country’s key allies in Asia and Europe, highlighting a tension between government support for the domestic Continue Reading
The White House intends to keep LNG exports to Europe flowing through winter. American LNG has been crucial in meeting demand in Europe, which is scrambling for gas supply and Continue Reading
America’s gross national debt exceeded $31 trillion for the first time on Tuesday, a grim financial milestone that arrived just as the nation’s long-term fiscal picture has darkened amid rising Continue Reading
US coal prices surged past $200 for the first time as a global energy crunch drives up demand for the dirtiest fossil fuel. Spot prices for coal from Central Appalachia Continue Reading
Federal, state aid expected to ease much of the financial blow But localities choosing debt face struggling muni-bond market Damaged homes following Hurricane Ian in Matlacha Isles, Florida, on Oct. Continue Reading
