With fuel costs soaring from the war with Iran, we want to hear how you’re feeling about the U.S. economy.
Category: Oil (Petroleum) and Gasoline
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Tell Us How High Gas Prices Have Affected Your Finances
The New York Times – Business: -
Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
The New York Times – Business:Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
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Oil Prices Slide but Remain Elevated as Middle East Tensions Escalate
The New York Times – Business:Oil prices fell, giving back some of the gains from the previous day as attacks in the Middle East raised concerns about the war starting again.
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As Oil Prices Stay High, China Doubles Down on Wind Power
The New York Times – Business:An industrial policy of subsidies and import restrictions laid the foundations for China to become almost as dominant in wind turbines as in solar panels.
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‘City of Glass’ Is Under Threat From Iran War
The New York Times – Business:In India, Firozabad has depended on its glassmaking industry for centuries. Fuel prices are starting to shatter businesses already under pressure.
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Oil Prices Fall While Stock Futures Inch Up
The New York Times – Business:Oil prices fell and futures on the S&P 500 rose slightly on Sunday as investors reacted to continued uncertainty about the war in Iran.
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OPEC Plus, in Symbolic Gesture, to Increase Oil Production
The New York Times – Business:The announcement came days after the United Arab Emirates withdrew from the group. The higher output will have little effect on global supplies.
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These Countries Embrace E.V.s to Avoid Oil Price Shocks
The New York Times – Business:People in Costa Rica and other Latin American, Asian and African countries are increasingly buying electric vehicles to avoid spiking fuel prices.
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Not Even Japanese Bathhouses Are Immune From Shocks of Iran War
The New York Times – Business:High fuel costs are imperiling the Japanese sento, a long-declining industry that remains a vital social lifeline for the country’s isolated elderly.
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Spirit Airlines Prepares to Shut Down
The New York Times – Business:The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.
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Oil Cools Slightly After a 4-Year High
The New York Times – Business:The price of Brent crude, the international benchmark, dipped more than 2 percent a day after it rose above $120 a barrel in volatile trading.
