Oil (Petroleum) and Gasoline – Page 70

Inflation slowed last month thanks to cheaper fuel and airfares.

The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.

By Jeanna Smialek

Banking and Financial Institutions Federal Reserve System Global Warming Inflation (Economics) Oil (Petroleum) and Gasoline Powell, Jerome H Speeches and Statements United States Economy United States Politics and Government

Powell Says Fed ‘Will Not Be’ a Climate Policymaker

In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.

By Jeanna Smialek

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Biden Administration to Buy Three Million Barrels of Oil

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.

By Clifford Krauss

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In New Mexico, Trying to Capitalize on Natural Beauty as Climate Change Disrupts It

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.

By Lydia DePillis