Just Stop Oil: protests will be even more disruptive if they kick off panic buying
Apr 16, 2022 02:23 am UTC| Economy
Protesters from the climate activist groups Just Stop Oil and Extinction Rebellion have blocked at least 11 fuel depots across England and disrupted supplies (though its always tough to quantify exactly how much disruption...
What will the fuel excise cut save you? Not as much as the Treasurer says
Apr 05, 2022 11:52 am UTC| Economy
As an appeal to middle Australia, to the voters politicians routinely describe as working families or battlers, the Morrison governments centrepiece budget move to halve the fuel excise for six months has obvious...
Would gas tax breaks make a big difference when prices are skyrocketing?
Mar 27, 2022 14:36 pm UTC| Economy
With gasoline prices trending over US$4 per gallon nationwide, politicians are feeling the heat. In response, Maryland and Georgia have temporarily waived their state gasoline taxes to reduce the burden on consumers. Other...
Oil price shocks have a long history, but today's situation may be the most complex ever
Mar 12, 2022 11:27 am UTC| Economy
The world is in the grip of an oil price shock. In just a few months, prices have risen from US$65 a barrel to over $130, causing fuel costs to surge, inflationary pressure to rise and consumer tempers to flare. Even...
Ukraine: 'I'm surprised the oil price hasn't hit US$130 a barrel yet' – energy trading expert Q&A
Feb 26, 2022 10:00 am UTC| Economy
Energy prices shot up after Russian President Vladimir Putin shocked the world by ordering a full-scale invasion of Ukraine. Oil is trading over US$100 (75) a barrel for the first time since 2014 and natural gas prices...
What Russia's war means for Australian petrol prices: $2.10 a litre
Feb 24, 2022 20:43 pm UTC| Economy
Global crude oil prices have already reached their highest levels since 2014 in response to Russias military incursion into Ukraine. With Russia being the worlds second-largest exporter of crude oil and refined petrol,...
BHP is selling its dirty oil and gas assets, but hold the applause
Aug 22, 2021 01:39 am UTC| Business
When BHP announced it would sell its stake in its oil and gas business to Woodside Petroleum to form a merged oil and gas business, it appeared welcome news. A big miner finally takes climate change seriously. But...
AI is changing how Americans find jobs, get promoted and succeed at work