Tag: Oil (Petroleum) and Gasoline
Gas Prices Hit New Highs as Summer Driving Season Starts
HOUSTON — With the Russian invasion of Ukraine grinding on, drivers will have to shell out a lot…
U.K. Announces Windfall Tax on Oil and Gas Profits
LONDON — The British government said it would use a windfall profits tax on oil and gas companies…
Hooked on Cheap Oil, Hungary Resists an Embargo on Russia
BUDAPEST — Prime Minister Viktor Orban of Hungary has fiercely resisted a proposed European embargo of Russian oil,…
The War in Ukraine Could Empower Qatar
RAS LAFFAN INDUSTRIAL CITY, Qatar — Over the past quarter-century, the tiny Persian Gulf state of Qatar has…
India Finds Russian Oil an Irresistible Deal, No Matter the Diplomatic Pressure
NEW DELHI — One after the next, the entreaties have streamed into India. Buying Russian oil, President Biden…
Europe Is About to Ban Russian Oil: What Happens Next?
Russia’s decades-long dominance of Europe’s energy market is crumbling, and the biggest blow is expected this week as…
High Electric Bills Get Ready for Another Energy Price Spike: High Electric Bills
In Oregon, for example, electric rates fell almost 1.5 percent in January and less than 1 percent in…
Why U.S. Oil Companies Aren’t Riding to Europe’s Rescue
“The model has totally changed,” he said.Oil executives also argue that they are spending a lot of money…
How the Ex-Chancellor Gerhard Schröder Became Putin’s Man in Germany
But it was more than that, Mr. Schröder said. “I had been chancellor. I couldn’t go back to…
‘Frontline’ Review: Why the Climate Changed but We Didn’t
PBS’s investigative public-affairs program “Frontline” specializes in reminding us of things we would rather forget. On Tuesday, it…
Fuel Prices Send Airfares Higher, but Travelers Seem Ready to Pay
A stunning rise in the cost of jet fuel has sent airfares soaring, and industry experts say they…
Europe Reluctantly Readies Russian Oil Embargo
BRUSSELS — European officials are drafting plans for an embargo on Russian oil products, the most contested measure…