Russia’s Invasion of Ukraine Threatens Further Hikes in Food Prices

Russia’s Invasion of Ukraine Threatens Further Hikes in Food Prices

This post was originally published on this site  Even before Russia invaded Ukraine, food prices were spiking around the world because of supply chain disruptions. A combination of always unpredictable nature, bad policy, and busted supply chains (also largely from policy decisions) hiked the cost of fertilizer for farmers. That...

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Biden administration to release 50 million barrels of oil from strategic reserve

Biden administration to release 50 million barrels of oil from strategic reserve

This post was originally published on this siteThe Department of Energy will release 50 million barrels of oil from the nation’s Strategic Petroleum Reserve, the White House announced Tuesday, as the Biden administration seeks ways to control rising costs at the pump.Of the 50 million…

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