Any work to ease current shortages and price hikes while the Strait of Hormuz remains closed will take years and billions of dollars.
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Suspending the federal gas tax, which would require Congress to agree, would drop gas prices only about 4% – less in high-cost states like California.
As US gas prices climb, politicians are looking at ways to lower them. An economist breaks down what does − and doesn’t − move the number on the sign at the gas station.
Households once confident they could afford energy costs are at risk of falling behind on their bills and are making hard trade-offs to keep the lights on.
The UK North Sea is attracting attention once again after being overshadowed by the shale debate for quite some time. Most recently this has been thanks to the UK government’s announcement this week of…
