Solar, wind, geothermal, battery and other alternative-energy businesses are adding workers from fossil fuel companies, where employment has fallen.
Author: Clifford Krauss
Biden Administration to Buy Three Million Barrels of Oil
The move appears to signal an end to the government’s effort to sell oil from a strategic reserve to help tamp down energy prices, which soared after Russia’s invasion of Ukraine.
Oil Prices Slide as Investors Worry Energy Demand Is Slowing
The U.S. benchmark oil price fell below $80 a barrel on Friday, and gasoline prices in some states are now close to $3 a gallon.
Price of Diesel, Which Powers the Economy, Is Still Climbing
Russia’s invasion of Ukraine is one reason that the fuel is scarce. Another is a series of yearslong, intertwined events that cover the globe.
Exxon and Chevron Rack Up Giant Profits
Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve
The administration’s move has brought down gasoline prices. Some experts say continued withdrawals could test the nation’s energy security.
Biden Has ‘Only Bad Options’ for Bringing Down Oil Prices
The president’s trip to Saudi Arabia is unlikely to reduce oil and gasoline prices, and it is not clear that anything else he might do would work, either.
Europe’s Russian Oil Ban Could Mean a New World Order for Energy
The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies.
Gas Prices Hit New Highs as Summer Driving Season Starts
A gallon has jumped by about 50 cents over the last month as Russia’s war in Ukraine has continued to unsettle the global energy market.
Oil Executives to Speak About High Gas Prices at House Hearing
Leaders of Exxon Mobil, Chevron and four other companies are likely to face tough questions from a House committee on Wednesday morning.