What Does the Red Sea Crisis Mean for Oil Prices?
Many energy and shipping firms have begun rerouting tankers, adding delays and extra costs to journeys that would put upward pressure on oil prices.
Posted inBP Plc Canals Defense and Military Forces Defense Department Drones (Pilotless Planes) Economic Conditions and Trends Hamas Houthis International Relations International Trade and World Market Israel-Gaza War (2023- ) Maersk Line Oil (Petroleum) and Gasoline Panama Canal and Canal Zone Red Sea Ships and Shipping Suez Canal Supply Chain Terrorism United States Economy
Red Sea Attacks Add Another Snarl to Global Shipping
Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.
Posted inFish and Other Marine Life North Sea Oceans and Seas Ships and Shipping Social Media TikTok (ByteDance)
The North Sea Can Be Scary. But Maybe Not TikTok Scary.
A trend nobody asked for is here: Terrifying videos of unruly waves.
Posted inBiden, Joseph R Jr Brownsville (Tex) Building (Construction) Dominion Energy Electric Light and Power Energy and Power Factories and Manufacturing Global Warming Government Contracts and Procurement Hochul, Kathleen C Inflation (Economics) Inflation Reduction Act of 2022 Northeastern States (US) Orsted AS Ships and Shipping States (US) Supply Chain Tax Credits, Deductions and Exemptions United States Economy Virginia Wind Power
What Ails Offshore Wind: Supply Chains, Ships and Interest Rates
Government officials and energy developers misjudged the difficulty of building huge clean energy projects in the United States, which has built very few of them.