Tag: Oil (Petroleum) and Gasoline
Why the U.S. Can’t Quickly Wean Europe From Russian Gas
HOUSTON — President Biden announced Friday that the United States would send more natural gas to Europe to…
Sri Lanka Economy Has ‘Hit Rock Bottom,’ Putting Pressure on President
COLOMBO, Sri Lanka — Just lentils, rice and tea without milk. Meals are increasingly meager for Sandamali Purnima,…
Biden Plans Sanctions on Russian Lawmakers as He Heads to Europe
WASHINGTON — President Biden will announce sanctions this week on hundreds of members of Russia’s lower house of…
Will War Make Europe’s Switch to Clean Energy Even Harder?
At the Siemens Gamesa factory in Aalborg, Denmark, where the next generation of offshore wind turbines is being…
Uber, Lyft Drivers Struggle With High Gas Prices
When Adam Potash started driving for Lyft six months ago to help make ends meet, he was happy…
Biden Urges Americans to Blame Rising Prices on Putin. Many Do, for Now.
WASHINGTON — The price of gasoline has risen every day since Russia invaded Ukraine. Record-high inflation in the…
Russia’s War in Ukraine Raises Gas Prices and Unsettles Stocks
They are just possibilities, but worries about them are weighing on the markets.Stock and bond markets in disarrayYields…
Republicans Wrongly Blame Biden for Rising Gas Prices
WASHINGTON — As gas prices hit a high this week, top Republican lawmakers took to the airwaves and…
Loss of Russian Oil Leaves a Void Not Easily Filled, Straining Market
HOUSTON — Before its forces invaded Ukraine, Russia provided one out of every 10 barrels of oil the…
The Future Turns Dark for Russia’s Oil Industry
In the longer term, though, the future of the Russian industry, which bankrolls a large portion of the…
Rising Gas Prices Have Drivers Asking, ‘Is This for Real?’
After months of working from home, Caroline McNaney, 29, was excited about going back to work in an…
Climate Hawks Join the Debate on Ukraine
None of which loosens the political vise the White House finds itself in. The bank J.P. Morgan has…