By tomorrow, some of this may change, who knows. News cycles are moving too fast for everyone, but here we go.
Sharply swinging oil prices have left consumers feeling the effects of the Iran war and its damage to worldwide energy production. Gasoline prices are climbing. Many people will find some of the most immediate economic pain at the pump. But not only drivers will be affected. Nearly all goods that are bought and sold must travel from where they're produced. That includes food. Those costs will climb with higher gasoline, diesel and jet fuel prices. Heating a home and cooking with natural gas are likely to cost more as the war grinds on. And the spike in oil prices will likely be a big factor for U.S. inflation. As the war continues, some experts say the price of everything could be affected.
Seed oils have been the focus of fiery critics from internet influencers to high-profile politicians like HHS Secretary Robert F. Kennedy Jr. They claim that these oils pressed from the seeds of certain plants are toxic to human health and fueling high rates of chronic diseases like obesity and diabetes. Kennedy has called for a return to the use of fats such as beef tallow for frying. Such claims have exasperated nutrition scientists, who say decades of research have confirmed the health benefits of consuming such oils, especially when compared to sources such as butter or lard.
A new study says Exxon Mobil's scientists were remarkably accurate in their predictions about global warming. But at the same time, the company made public statements that contradicted its scientists' conclusions. The study in the journal Science looked at research that Exxon funded. The research forecast the coming warming with precision equal to or better than government and academic scientists. This was during the same time that the oil giant publicly doubted that warming was real and dismissed climate models' accuracy. Exxon says its understanding of climate change evolved over the years and that critics are misunderstanding its earlier research.
When Gov. Gavin Newsom launched his crusade against what he called blatant price-gouging on gasoline by oil refiners, he called for taxes on e…
MIAMI (AP) — A company with an office in Houston and another owned by two American citizens appear to be helping Venezuela bypass U.S. sanctio…
Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices.
WASHINGTON (AP) — High gasoline prices are the problem that President Joe Biden keeps trying to fix — and roughly a year's worth of extraordin…
BILLINGS, Mont. (AP) — The U.S. oil industry hit a legal roadblock in January when a judge struck down a $192 million oil and natural gas leas…
President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a t…
