Thousands rally in Belgium to protest high energy prices
BRUSSELS (AP) — Thousands of people gathered on Wednesday in the Belgian...
BRUSSELS (AP) — Thousands of people gathered on Wednesday in the Belgian capital Brussels for “a national day of action” to protest against skyrocketing electricity, natural gas, and food prices and draw attention to the sharp hike in the cost of living.
Trade unions and city police said that around 10,000 took part. People from across the country gathered, marching behind banners reading “Life is much too expensive, we want solutions now,” and “Everything is going up except our wages,” or carrying placards marked “Freeze prices, not people.” City traffic and public transportation were disrupted.
Data compiled by Evercore ISI show the number of permits issued...
Data compiled by Evercore ISI show the number of permits issued for new oil and natural gas wellsacross the lower 48 US states dropped by 3,106 month over month in August, but was 27% higher than August 2021 levels. Permitting activity declined most in the Haynesville Shale and the Permian Basin, by 63% and 25%, respectively, while the Powder River Basin was the only major play to record gains.
Steel Reef Infrastructure has acquired the Bison Midstream natural gas gathering system in northwestern...
Steel Reef Infrastructure has acquired the Bison Midstream natural gas gathering system in northwestern North Dakota from Summit Midstream Holdings in an all-cash deal worth $40 million. The sale comes as Summit Midstream shifts focus to growing its crude oil and produced water gathering systems in North Dakota's Williston Basin.
US oil prices will trade in the $80 to $100 per barrel range in 2023, but global oil stockpiles are largely...
US oil prices will trade in the $80 to $100 per barrel range in 2023, but global oil stockpiles are largely expected to remain tight and supply chain and inflationary pressures will likely continue to hamper fossil fuel production, according to investors surveyed by Barclays at its CEO Energy & Power Conference. A little more than half of the survey respondents projected US oil production growth of 500,000 barrels per day to 700,000 bpd between the fourth quarter of 2022 and the same period of 2023.
A third, outsized rate hike is an unprecedented move by the Federal Reserve. But extraordinary...
A third, outsized rate hike is an unprecedented move by the Federal Reserve. But extraordinary inflation calls for extraordinary measures.
August's hot Consumer Price Index report dashed hopes that the Fed could soon ease up on its hawkish policy, and Jerome Powell has reiterated his commitment to getting prices under control as inflation remains 8.3% higher than a year ago.
