Build Back Better? UK Inflation Hits Ten Year High as Food and Fuel Coasts Soar
The inflation rate in Britain has hit the highest level in a decade as the cost of living has soared as a result of rising energy prices.
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Energy Sec’y Granholm: Natural Gas Prices Are ‘High’ Due to Supply Problems, We’re ‘Coming Off’ Economic Downturn ‘Due to COVID’
On Thursday’s broadcast of CNN’s “The Lead,” Energy Secretary Jennifer Granholm stated that natural gas prices “are high” because “the supplies are not as robust as they have been.” And “this is all coming off,” “a real downturn in the
W.H.’s McCarthy on Regulation Increasing Oil and Gas Prices: ‘We’re Going to Use’ Regulation
On Thursday’s broadcast of MSNBC’s “Hallie Jackson Reports,” White House National Climate Adviser Gina McCarthy responded to concerns that increased regulations will cause increased gas and oil prices by stating “There’s a place for” regulation and “We’re going to use it.” McCarthy also touted hearings with oil executives on Capitol Hill as “a day of reckoning” for the oil and gas industry.
Yellow Vests 2.0? European Union Faces Widespread Unrest as Green Policies See Energy Costs Soar
The European Union’s radical green agenda risks sparking widespread political unrest as energy prices soar throughout the bloc.
Caterpillar Profit Surges on Rising Energy Prices, Tax Cuts More than Offset Tariff Related Cost Increases
The company said the Trump administration’s tariffs to increase raw material costs in the remainder of 2018 by about $100 million to $200 million. But it expects to offset much of those increased costs with price increases.
