Average price of a gallon of gasoline hit $4.009 on Sunday
In the United States, meanwhile, the average price of a gallon of gasoline hit $4.009 on Sunday,...
In the United States, meanwhile, the average price of a gallon of gasoline hit $4.009 on Sunday, according to AAA, an automobile association, which is the highest since July 2008. Consumers are paying 40 cents more than a week ago, and 57 cents more than a month ago. read more
Blinken says Ukraine sanctions on Russia not linked with Iran nuclear talks
In response to Russia's demands, U.S. Secretary of State Antony Blinken said on Sunday that the sanctions...
In response to Russia's demands, U.S. Secretary of State Antony Blinken said on Sunday that the sanctions imposed on Russia over its Ukraine invasion have nothing to do with a potential nuclear deal with Iran. read more
US officials hold Venezuela meetings amid hunt for alternative oil supplies
A high-level US delegation has met top government officials in Venezuela, as the world seeks alternative...
A high-level US delegation has met top government officials in Venezuela, as the world seeks alternative suppliers to replace Russian oil if western sanctions on Moscow are tightened after its invasion of Ukraine.
Juan González, the top White House official on Latin America, was in Caracas on Saturday for meetings with President Nicolás Maduro’s government, according to a source familiar with the discussions. Two other sources confirmed that a senior US delegation was in Caracas for meetings.
Europe Fears It Could Be Too Late to Shake Off Russian Gas Addiction
Russian President Vladimir Putin’s ...
Russian President Vladimir Putin’s war in Ukraine has jolted Europe’s slow-moving efforts to wean itself off Russian natural gas, but time is running out, threatening to leave consumers cold and factories idle by next winter.
Whether the Kremlin turns off the taps in retaliation for sanctions or Europe stops buying, European policymakers agree that they need to prepare for a future with much less Russian energy if any.
‘We need to increase oil & gas output immediately,’ Elon Musk says
Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday. Tesla Inc.’s (TSLA)...
Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday. Tesla Inc.’s (TSLA) chief executive said the U.S. needs to immediately increase production of oil and gas in a tweet late Friday, which runs against the grain of the EV maker’s own green-energy business initiatives. “Hate to say it, but we need to increase oil & gas output immediately,” Musk tweeted Friday.
