American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
Category: Prices (Fares, Fees and Rates)
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Obamacare Enrollment Drops Sharply as Costs Rise
Americans can’t afford the higher health insurance premiums that resulted from Congress’s refusal to extend federal tax credits.
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Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes
European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.
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Crop Undercount Raises Questions About Reliability of U.S.D.A. Data
Corn estimates were off by 4.5 million acres last year. A lack of survey responses, not job cuts, led to the miss, the Agriculture Department said.
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U.S. Economy Grew 2 Percent in Early 2026 Even as War in Iran Began to Hit Energy Prices
Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East.
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Behind Powell’s High-Stakes Decision to Stay at the Fed
Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central bank’s independence.
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Oil Prices Soar as Iran Standoff Shows No End in Sight
Oil prices push higher, approaching another wartime high, as President Trump asserted that the naval blockade of Iran’s ports would persist.
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Rising Fuel Prices Could Force Excruciating Choices on Economic Policies
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.
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Ford Reports Higher Profit Thanks Partly to Tariff Refund
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
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United Airlines CEO, Rebuffed by American, Says He’s Skeptical of Other Deals
The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.
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U.S. Gas Prices Climb Further as Effects of War Reverberate
The national average price of a gallon of gasoline hit $4.23, following oil prices upward as supplies from the Middle East remain disrupted.
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Loss of Emirates Further Weakens OPEC’s Influence
The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.