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PRAGUE, Czech Republic (AFP) — The European Union presidency said Tuesday it would convene another round of talks for the bloc’s energy ministers to discuss the energy crisis linked to the Ukraine war. “I am calling another extraordinary meeting of the energy ministers’ council for September 30,” Czech Industry and Trade Minister Jozef Sikela, whose country now holds the rotating presidency, said in a tweet. At the meeting, EU ministers pledged “unprecedented measures” to […]
by Roland JACKSON Agence France Presse NEW YORK, United States (AFP) — European natural gas prices climbed Thursday towards a record peak on heightened fears over Russian supplies, while equities rose on the eve of a key speech from Federal Reserve Chair Jerome Powell. Europe’s benchmark Dutch TTF gas contract advanced to 322 euros per megawatt hour, not far from the record high 345 euros struck in March shortly after key gas producer […]
by Roland JACKSON Agence France-Presse NEW YORK, United States (AFP) — European natural gas prices climbed Thursday towards a record peak on heightened fears over Russian supplies, while equities rose on the eve of a key speech from Federal Reserve Chair Jerome Powell. Europe’s benchmark Dutch TTF gas contract advanced to 322 euros per megawatt hour, not far from the record high 345 euros struck in March shortly after key gas producer Russia invaded Ukraine. […]
NEW YORK, United States (AFP) — It’s not too late for a road trip: The US average price of gasoline at the pump has finally fallen below $4.00 a gallon, providing a bit of relief for Americans struck by massive inflation at almost every turn. In the wake of the Russian invasion of Ukraine, prices soared, pushing past $5.00 for the first time in mid-June, according to the American Automobile Association (AAA). Falling global oil […]
NEW YORK, United States (AFP) — The average price of premium gasoline at the pump has surpassed $5 a gallon for the first time in the United States, the American Automobile Association (AAA) reported Saturday. That record level, coming on top of months of soaring inflation, represents the latest bad news for President Joe Biden just five months before crucial midterm elections. A year ago, the average price of gas in the US was […]
Majority of gas stations nationwide would have already hiked prices by the end of the month because of the Tax Reform for Acceleration and Inclusion law. Energy Assistant Secretary Leonido Pulido III said in Thursday’s committee on energy hearing that approximately 90 percent of all gas stations would have made the price adjustments. He said the so-called Big 3— Caltex, Petron, and Shell —and Flying V already implemented price hikes on January 15. Authorities have said […]
