Tag: Oil (Petroleum) and Gasoline

How a Looming Oil Ban Could Devastate a Small Italian City

Like thousands of Sicilians who live near Priolo Gargallo, part of an industrial petrochemical hub on this island’s…

In the Amazon, a U.N. Agency Partners With Oil Companies

RESGUARDO BUENAVISTA, Colombia — At the edge of the Colombian Amazon, in an Indigenous village surrounded by oil…

Plug-In Hybrid Cars Gain Ground in Race With Electric Rivals

In late 2010, General Motors sought to seize the high ground from Toyota’s successful Prius hybrid with the…

Biden Administration’s Bid to Cap Russia Oil Prices Faces Resistance

WASHINGTON — The Biden administration’s push to form an international buyers’ cartel to cap the price of Russian…

Biden Savors Much-Needed Victories. But Will the Highs Overshadow the Lows?

WASHINGTON — President Biden and his top advisers have tried for months to press forward amid a seemingly…

Climate Bill ‘Transformative’ for Auto and Energy Industries

Making electric cars more affordable.For the auto industry, one of the most important provisions in the climate bill…

Germans Tip-Toe Up the Path to Energy Savings

AUGSBURG, Germany — Wolfgang Hübschle went into city government expecting a simple life, planning things like traditional festivals…

Ice Cream Trucks Are the Latest Target of Inflation

On a steamy evening at Flushing Meadows Corona Park in Queens, Jaime Cabal had a line of customers…

Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next

Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they…

Biden’s New Economic Scorecard: The Price at the Pump

WASHINGTON — After topping $5 a gallon in June, the price of gasoline has fallen for more than…

Delay as the New Denial: The Latest Republican Tactic to Block Climate Action

WASHINGTON — One hundred million Americans from Arizona to Boston are under heat emergency warnings, and the drought…

Economy Is at Risk of Recession by a Force Hiding in Plain Sight

This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of…