Trump campaigned on rebuilding America's emergency oil stockpile, and early in his term the numbers moved in the right direction. Then a single geopolitical shock rewrote the entire trajectory in a matter of months.
By Mike Barrington
· 12:45pm ET Russia’s invasion of Ukraine spiked oil prices to over $100. On March 8, 2022, it reached $127. It spiked over $100 again in June of that year. Oil recently settled into a…
Douglas A. McIntyre Almost exactly four years ago, Russia started its invasion of Ukraine. Fairly quickly, the US sanctioned Russia’s oil exports. Russia produced 12% of the world’s oil then. By March, Brent crude futures…
Douglas A. McIntyre 24/7 Wall St. Insights A new climate report from Ember brings good news State governments have broad discretion over their energy policy, while some are prioritizing emissions reduction, others remain heavily dependent…
Sam Stebbins One of the largest and most developed countries in the world, the United States is also one of the worst polluters globally. The U.S. remains one of the world’s top greenhouse gas emitters —…
Gas prices are in the news again, potentially pinching road-trippers and commuters from California to Maine. Using the latest weekly averages from AAA, we’ve mapped where a gallon of regular unleaded hurts wallets the…
Many American states, particularly close to the northern border, benefit from trade with the Canadian economy. One of the areas this is most evident is in the integration of the electrical grids of the…
Trump promised the American people that he would bring down energy costs by 50% in his first year in office. But how has that promise gone? Has Trump kept his word? Is this promise…
In the popular imagination, nuclear power plants conjure fears of catastrophic explosions and radiation leaks, such as the Chernobyl disaster in Ukraine in 1986. In reality, hundreds of reactors safely operate all over the…
Gas prices are a politically sensitive barometer of the economy for Americans. In a petroleum-dependent, mobile society, the price of gas prominently displayed at gas stations in every town is often a topic of…
Because the incoming administration plans to let oil companies expand the footprint of where they operate, inventory of petroleum products will be plentiful.
According to its management, Microsoft (NASDAQ: MSFT | MSFT Price Prediction) will invest $80 billion in data centers over the next year. To put this in some context, Microsoft’s revenue in the most recently…
