Economy2 years ago
Biden urged to tap oil reserves to lower gas prices as inflation hits 30-year high
Senate Majority Leader Chuck Schumer has urged US President Joe Biden to tap into emergency petroleum reserves to lower rising gasoline prices.
gas price hike
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Economy2 years ago
US gas prices highest this year, expected to keep climbing
The US has hit its highest average for gas prices yet this year, with the average price for just one gallon of gas standing at $3.30 on Wednesday.
Economy2 years ago
UK's Kwarteng: Price cap will remain this winter amid pressure from energy firms
British business secretary Kwasi Kwarteng says the price cap will remain this winter despite calls by firms for a price hike to prevent more collapses as wholesale gas prices soar.
Russia2 years ago
Putin says Europe to blame for gas price spike, energy crisis
“They’ve made mistakes,” the Russian president said in a televised meeting with Russia’s energy officials on Wednesday.
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