Read more about the article U.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA
Traffic travels past a sign displaying current gas prices in San Diego, California, U.S., February 28, 2022. REUTERS/Mike Blake

U.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA

March 6 (Reuters) - U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia's ability to…

Continue ReadingU.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA
Read more about the article Oil and gas prices soar as turmoil from Russia’s Ukraine attack intensifies
Despite the soaring price, the Opec oil cartel and its allies are likely to stick to modest plans for output rises when they meet later on Wednesday. Photograph: Pascal Rossignol/Reuters

Oil and gas prices soar as turmoil from Russia’s Ukraine attack intensifies

Barrel of Brent crude moves past $111, while price of petrol at UK forecourts has hit 151.67p The Guardian: Oil and gas prices are soaring, with prices at UK petrol…

Continue ReadingOil and gas prices soar as turmoil from Russia’s Ukraine attack intensifies

‘Painful year at the pump’: Why gasoline prices are surging to highest level since 2014

https://wwmt.com/KALAMAZOO, Mich. — Gasoline prices jumped to their highest level in eight years this week. This comes as tensions continue to rise between Russia and Ukraine. “The national average is at…

Continue Reading‘Painful year at the pump’: Why gasoline prices are surging to highest level since 2014
Read more about the article Oil breaks $90/bbl for the first time since 2014 on Russia tensions
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. REUTERS/Nick Oxford//File Photo

Oil breaks $90/bbl for the first time since 2014 on Russia tensions

Reuters – U.S.' Blinken assures global energy supply won't be disrupted Biden threatens sanctions on Putin over any Ukraine invasion U.S. crude, gasoline stocks build, even as fuel demand surges…

Continue ReadingOil breaks $90/bbl for the first time since 2014 on Russia tensions
Read more about the article U.S. to Bolster Europe’s Fuel Supply to Blunt Threat of Russian Cutoff
A construction site of the Nord Stream 2 gas pipeline, near the town of Kingisepp, Russia, in 2019. The country provides about one-third of the gas and crude oil imported by the European Union.Credit Anton Vaganov/Reuters

U.S. to Bolster Europe’s Fuel Supply to Blunt Threat of Russian Cutoff

New York Times – Many European officials suspect President Vladimir V. Putin instigated the crisis in the winter in part to leverage his threat to turn off Russian fuel sales…

Continue ReadingU.S. to Bolster Europe’s Fuel Supply to Blunt Threat of Russian Cutoff