Tag: Oil (Petroleum) and Gasoline

U.S.-Led Alliance Faces Frustration, and Pain of its Own, Over Russia Sanctions

WASHINGTON — Four months into the war in Ukraine, the countries aligned against Russia face growing economic pain…

Fed Confronts a ‘New World’ of Inflation

Federal Reserve officials are questioning whether their longstanding assumptions about inflation still apply as price gains remain stubbornly…

Biden Will Push Congress for Three-Month Gas Tax Holiday

WASHINGTON — President Biden plans to call on Congress on Wednesday to temporarily suspend the federal gas tax,…

Biden Trip to Saudi Arabia Is Set, but Energy Help Is Not

WASHINGTON — President Biden’s much-anticipated trip to Saudi Arabia has been formally set for next month, the White…

Can Carbon Capture Be Part of the Climate Solution?

This is the final installment in the Visionaries series, which looks at figures who are trying to transform…

Gas Prices in U.S. Hit $5 a Gallon

HOUSTON — Gasoline prices reached a grim milestone on Saturday, as the national average for regular gasoline reached…

High California Gas Prices Rattle Democrats Ahead of Midterms

Ms. Steel said she opposed abortion rights except to protect the health of the mother and for instances…

Biden Has ‘Only Bad Options’ for Bringing Down Oil Prices

HOUSTON — When President Biden meets Crown Prince Mohammed bin Salman in Saudi Arabia, he will be following…

Biden to Travel to Saudi Arabia, Ending Its ‘Pariah’ Status

The Abraham Accords, sealed under the auspices of Mr. Trump, established normal diplomatic relations between Israel and several…

Europe’s Russian Oil Ban Could Mean a New World Order for Energy

HOUSTON — The European Union’s embargo on most Russian oil imports could deliver a fresh jolt to the…

Hit Hard by High Energy Costs, Hawaii Looks to the Sun

Recognizing that reality, state officials in recent years have gone back to encouraging the use of small-scale energy…

Americans Keep Spending Even as Inflation Erodes Buying Power

Americans built up trillions of dollars in savings during the pandemic. Now, with prices rising at their fastest…