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Escalation Concerns in Middle East May Impact Oil Supply

The American oil industry is cautious due to the potential impact of increased tensions in the Middle East on oil exports.

Oil Industry January 10, 2024

Federal Reserve's Role in Decreasing Inflation Highlighted

A think tank disputes the notion that supply chain improvements are behind falling inflation, pointing instead to the Federal Reserve's policies.

Economic Analysis January 8, 2024

Biden Campaign Responds to Trump's Energy Policy Remarks

The Biden campaign has addressed comments made by former President Trump criticizing wind energy and making connections to oil usage and currents.

Politics January 7, 2024

Political Stance and Abundant Supply Maintain Low Oil Prices

Political decisions and an ample supply of oil have contributed to a sustained period of low energy prices, countering the expected effects of demand-driven pricing.

Oil Industry January 5, 2024

Inaugural US Offshore Wind Farm Begins Operations Amidst Challenges

The US has activated its first commercial-scale offshore wind farm, marking a significant step in renewable energy development despite facing several industry challenges.

Renewable Energy January 5, 2024

Equity Markets React to Federal Reserve Meeting Insights

Following the release of the Federal Reserve's meeting minutes, investors recalibrate expectations regarding interest rate cuts.

Finance January 3, 2024

Federal Reserve Open to Interest Rate Cuts in Future

Federal Reserve officials considered the prospect of reducing interest rates during their December meeting, according to released minutes.

Economy January 3, 2024

New York Celebrates Minimum Wage Increase

Workers in New York City and neighboring areas see an increase in the minimum wage from $15 to $16 as 2024 begins.

Labor January 2, 2024

Economic Progress in Texas Leads US Growth

Texas surpasses other states in economic measures including GDP and job growth.

Economy December 29, 2023