Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
Category: Oil (Petroleum) and Gasoline
-
Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
The New York Times – Business: -
Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples
The New York Times – Business:The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging.
-
What You Need to Know About the Federal Gas Tax
The New York Times – Business:President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it’s a move that may save drivers only a few dollars a month.
-
Tomato Prices Soar as War, Tariffs and Weather Affect a Popular Crop
The New York Times – Business:Tomato prices surged nearly 40 percent in April, the Consumer Price Index showed.
-
The Iran War Is Taking the Color Out of Japan’s Best-Known Snack Bags
The New York Times – Business:The food giant Calbee said shortages of naphtha, a crude-oil derivative used in inks, were forcing it to switch to black-and-white packaging for its salty products.
-
Oil Prices Rise on U.S.-Iran Standoff
The New York Times – Business:President Trump has declared the American cease-fire with Iran is on “life support,” and investors are taking a cautious approach as the lack of progress in peace talks weighs on the markets.
-
Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’
The New York Times – Business:President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
-
Trump Proposes Suspending Federal Gas Tax Until Prices Fall
The New York Times – Business:Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.
-
Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
The New York Times – Business:Oil prices rose and stock futures ticked down as investors reacted after the two sides failed to agree on a U.S.-Iran peace deal.
-
Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
The New York Times – Business:Oil prices rose and stock futures ticked down on Sunday as investors reacted to the apparent failure of the latest proposal for a U.S.-Iran peace deal.
-
Trump Administration Is Considering Pausing the Federal Gas Tax to Lower Prices, Energy Secretary Says
The New York Times – Business:The tax is a little over 18 cents a gallon for gasoline. With the average national price above $4.50, the measure will provide little relief.
-
China’s Exports and Imports Set Records in April Amid High Energy Costs
The New York Times – Business:The country’s exports surged and its trade surplus with the United States widened ahead of President Trump’s scheduled visit next week to Beijing.