Higher gas prices could be ahead after latest Saudi oil production cut
American drivers could be staring another jump in gasoline prices...
American drivers could be staring another jump in gasoline prices in the face and it is coming just as the summer driving season is here.
Saudi Arabia announced another cut in oil production, meaning it will be sending less oil to the global economy. In turn, the move is seen as an effort to prop up sagging crude oil prices.
The latest oil cut of 1 million barrels a day will begin in July as reported by MarketWatch.
Chuck Todd said he will step down as host of Meet the Press on NBC in September....
Chuck Toddsaid he will step down as host of Meet the Press on NBC in September. Kristen Welker, the network’s co-chief White House correspondent, will replace him.
Hundreds of thousands of protesters marched in Poland against the government, which they say is pushing the country toward autocracy.
Spider-Man: Across the Spider-Versegrossed an impressive $120.5 million in its North American opening weekend. That’s the second-best domestic release of the year.
Hong Kong police detained pro-democracy activists marking the anniversary of the Tiananmen Square massacre in 1989. Hong Kong used to be the only city in China where remembrances were allowed…but no longer.
The crash that killed 275 people and injured hundreds more on Friday night was caused by an ...
The crash that killed 275 people and injured hundreds more on Friday night was caused by an error in the electronic signal system, officials said. The system mistakenly guided a passenger train to travel along a track that made it collide with a freight train and derailed cars from that passenger train rolled over to another track, causing a second passenger train to derail. India will conduct a full investigation into how this happened, and the stakes are high: About 22 million people ride trains in India per day, according to the AP.
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LyondellBasell Pushes Back Houston Oil Refinery Closure
LyondellBasell Industries is pushing back plans to shutter its...
LyondellBasell Industries is pushing back plans to shutter its oil refinery on the Houston Ship Channel.The petrochemical company had anticipated shuttering the Houston oil refinery by the end of 2023.
LyondellBasell now plans to close the refinery and fully exit the refining business by the end of first-quarter 2025, the company announced. The company is evaluating new uses for the site, including hydrogen production or other green energy uses.
The refining complex, which produces products including gasoline, diesel, jet fuel, and lubricants, traces its origins back to 1918 and was one of the first petroleum refineries built along the Houston Ship Channel.