Almost a year after Russia launched its invasion, assessing the impact on the oil industry and greenhouse gas goals is not so simple.
Category: Oil (Petroleum) and Gasoline
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The War in Ukraine Upended Energy Markets. What Does That Mean for the Climate?
The New York Times – Business: -
Inflation Is Slowing, Good News for American Consumers and the Fed
The New York Times – Business:Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Inflation slowed last month thanks to cheaper fuel and airfares.
The New York Times – Business:The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Powell Says Fed ‘Will Not Be’ a Climate Policymaker
The New York Times – Business:In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
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Biden Administration to Buy Three Million Barrels of Oil
The New York Times – Business:The move appears to signal an end to the government’s effort to sell oil from a strategic reserve to help tamp down energy prices, which soared after Russia’s invasion of Ukraine.
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In New Mexico, Trying to Capitalize on Natural Beauty as Climate Change Disrupts It
The New York Times – Business:Climate change is reshaping the American economy. New Mexico is leaning on ecotourism and sustainable industries to see it through, but extreme weather keeps getting in the way.
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Turkey Is Strengthening Its Energy Ties With Russia
The New York Times – Business:As Moscow seeks new customers for oil, gas and coal, Ankara is a willing buyer as it promotes plans as a regional trading hub.
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U.S. Gas Prices Are Now Lower Than a Year Ago
The New York Times – Business:A visible symbol of inflation for much of the year, prices at the pump have been driven down by reduced global demand and tumbling oil prices.
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India Chases Clean Energy, but Economic Goals Put Coal First
The New York Times – Business:“I will not compromise on the availability of power,” India’s energy minister has declared in defense of fossil fuel use, which is heavily subsidized.
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If There Is a ‘Male Malaise’ With Work, Could One Answer Be at Sea?
The New York Times – Business:As concerns about labor force participation among American men mount, maritime transportation firms are desperate for new mariners.