The battle over President Joe Biden’s sweeping clean energy plan isn’t over, but there already appears to be a winner–natural gas. The fossil fuel will likely remain a mainstay of America’s electrical grid for some time, according to energy experts and lawmakers. That’s a big disappointment to liberal Democrats and environmentalists. In protests in cities…
NTD Business Full Broadcast (Sept. 24)
Tipping on Twitter. You can now send content creators tips with Bitcoin. What else is it planning to attract users with large followings? Delta airlines calling on its peers to share their list of banned passengers, in an effort to to protect airline employees. Thousands are on such a list already. Long lines at some…
Gas Price Surge, Just One More Headwind for World Economy
LONDON—Soaring gas prices that threaten to push up winter fuel bills, hurt consumption and exacerbate a near-term spike in inflation are another blow to a world economy just getting back on its feet after the coronavirus shock. The gas market chaos, which has driven prices 280 percent higher in Europe this year and led to…
NYC Council Member Promotes ‘Gas Ban Bill’ Real Estate Board President Says Won’t Reduce Emissions
Alicka Ampry-Samuel, a council member representing New York’s District 41, gave a speech related to a new bill she is sponsoring to ban gas in the city. Representatives from New York’s Passive House, American Institute of Architects–New York, and Alloy Development also voiced their support for the bill in front of a 44-story building, which they said…
2 Killed, Several Hurt in Gas Blast in Russian Apartment Block
MOSCOW—A gas explosion on Wednesday in a nine-story block of flats in a city near the Russian capital killed two people and damaged apartments, a law enforcement agency said. Big holes in the outer walls of the building in Noginsk city, 50 kilometers (31 miles) east of Moscow, could be seen in video footage. Debris…
Oil Industry Sues Biden Administration, Wants Resumption of Federal Leasing
The Biden administration’s pause on the leasing of federal lands and waters for oil and natural gas drilling is illegal, a dozen oil industry groups argue in a lawsuit filed in federal court on Monday. The Department of Interior, in apparent response to President Joe Biden’s Jan. 27 executive order on “tackling the climate crisis,”…
US Gas Prices Dip After Soaring Amid Summer Travel
Gas prices have dipped after hitting highs not seen since 2014, though the decline could be temporary. The national average per gallon dipped nearly 3 cents to $3.14, according to GasBuddy. That’s 4.7 cents down from a month ago and nearly a dollar from July 2020. A big reason for the decline? Crude oil prices…
Average US Price of Gas Rises 2 Cents per Gallon to $3.22
CAMARILLO, Calif.—The average U.S. price of regular-grade gasoline rose 2 cents over the past two weeks, to $3.22 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that gas supply is abundant, which could keep prices from spiking further. The price at the pump is 98 cents higher than it was a…
Energy, Gas Prices Surge Amid Coal Plant Outages and Cold Weather
A sequence of unforeseen coal power plant outages and cold weather has put a severe strain on Australia’s electricity grid, sending energy and gas prices soaring. The National Electricity Market witnessed a threefold increase in consumer spot prices, reaching an average of $120 per megawatt-hour (MWh) in June, compared with around $43 per MWh for…
Sheriff: Man Kills One at Gas Station, Is Slain in Shootout
FRANKSVILLE, Wis.—A man filling up his car at a Wisconsin gas station was shot and killed by another man on Tuesday, with the suspect fleeing the scene and dying soon after in a shootout with an undercover sheriff’s investigator. Racine County Sheriff Christopher Schmaling said the initial shooting happened about 7:30 a.m. at the Pilot…
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