War in Ukraine is expected to lead to higher fuel prices

War in Ukraine is expected to lead to higher fuel prices

This post was originally published on this siteWashington – As Russia moves troops into Ukraine’s Donbas region, experts warn that the likelihood of a civil war erupting in Europe, coupled with heavy sanctions against Russia, is likely to cause instability in the energy market, potentially resulting in significantly higher costs...

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Oil prices have risen to nearly $ 100 a barrel after Putin ordered troops to enter Ukraine

Oil prices have risen to nearly $ 100 a barrel after Putin ordered troops to enter Ukraine

This post was originally published on this site Oil has risen to its highest level since 2014, after Russia ordered the entry of two fugitive regions in eastern Ukraine, adding to prices approaching $ 100 a barrel. The West Texas Intermediate (WTI) crude, the U.S. benchmark, jumped more than 3...

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Russia crisis threatens to worsen Biden’s gas price problem 

Russia crisis threatens to worsen Biden’s gas price problem 

This post was originally published on this siteThe crisis between Russia and Ukraine is expected to exacerbate what has already been a political headache for the Biden administration: high gasoline prices. Biden himself in a speech on Tuesday mentioned energy prices and acknowledged the…

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Congress has tough words on Putin and Russia’s aggression in Ukraine, but can’t agree on sanctions

Congress has tough words on Putin and Russia’s aggression in Ukraine, but can’t agree on sanctions

This post was originally published on this siteA Democratic bill has yet to draw GOP backing for two main reasons: the timing of the actual sanctions and how to handle the Nord Stream 2 pipeline.     

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Biden Will Press German Chancellor on Russia Sanctions and Pipeline

Biden Will Press German Chancellor on Russia Sanctions and Pipeline

This post was originally published on this siteThe two leaders are meeting amid concerns that Germany has not been a forceful enough partner in calming tensions between Russia and Ukraine.

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Biden meets with Qatari emir amid European energy concerns

Biden meets with Qatari emir amid European energy concerns

This post was originally published on this siteThe E.U. currently depends on Russia for around 40 percent of its gas supplies via pipelines, including some that run through Ukraine.

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How a gas pipeline became a bargaining chip in the crisis between Russia and Ukraine

How a gas pipeline became a bargaining chip in the crisis between Russia and Ukraine

This post was originally published on this siteThe Biden administration says controversial pipeline won’t be allowed to operate if Russia invades Ukraine. But experts say U.S. leverage is limited     

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Texas pipeline company walks back threat to cut off gas to power plants

Texas pipeline company walks back threat to cut off gas to power plants

This post was originally published on this site After threatening to cut off fuel to roughly a third of the power plants owned by Texas’ biggest power generator, a major pipeline company said Thursday it will continue selling natural gas to the plants through the end of March. But the...

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