Oil companies and governments are consuming their once vast stockpiles as Iran and the United States continue to struggle for control over the Strait of Hormuz.
Category: Prices (Fares, Fees and Rates)
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Why These Giant Storage Tanks Increasingly Hold Very Little Oil
The New York Times – Business: -
Dollar Tree and Dollar General Report Sales Gains as Shoppers Cut Costs
The New York Times – Business:Dollar General and Dollar Tree each reported gains in sales and store traffic on Thursday as higher gas prices forced shoppers to pare back.
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California Lawmakers Pass Plug-In Solar Bill
The New York Times – Business:Legislatures in nearly a dozen states have voted to legalize use of the technology, which can help homeowners reduce their rising electricity costs.
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PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs
The New York Times – Business:The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
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Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The New York Times – Business:The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The New York Times – Business:The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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How Farmers Are Staying Afloat as Crop Prices Plunge
The New York Times – Business:Most U.S. farmers will lose money this year. Landowners and investors are increasingly trying to make money from their land, not what can be grown from it.
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Oil Prices Fall Ahead of U.S. Vow to Intensify Economic War Against Iran
The New York Times – Business:Treasury Secretary Scott Bessent is expected to announce an escalation of sanctions aimed at further isolating Iranian trade.
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Angry Ohio Voters Could Turn Their State Purple Again
The New York Times – On the Runway:A governor’s race, a Senate contest and enough congressional contests to swing control of the House are all in play in Ohio, where voters of all stripes express a deep sense of powerlessness.
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What Canadian Goods Will Take Trump’s 50% Tariffs? Some Pretty Strange Items.
The New York Times – On the Runway:Buoys, dog muzzles, capes, national flags and “base metal statuettes” from Canada are now more expensive for U.S. shoppers.
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U.S. Economy Could Feel the Sting From Trade War With Canada
The New York Times – Business:A tit-for-tat trade fight between the two allies could create new headaches for consumers and businesses already stung by high prices.
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Trump Widens Beef Imports in Bid to Lower Prices
The New York Times – Business:Cattle ranchers have trimmed their herds in response to drought and low margins, helping push up the cost of another American staple food.
