Oil

U.S. Gas Prices on the Rise, Worst Yet to Come

"Oil prices remain a wildcard, but we’re likely a few weeks away from seeing the national average peak," says head of petroleum analysis at GasBuddy.

Trump-Era Federal Judge Overturns Berkeley’s Biden-Backed Natural Gas Ban, Citing Overreach

"Cities and states cannot ignore federal law in an effort to constrain consumer choice, and it is encouraging that the Ninth Circuit upheld this standard," the California Restaurant Association (CRA) president and CEO said.

Ukraine Embezzled $400 Million From U.S. Aid

Ukrainian president Volodymyr Zelensky, along with government officials and 35 generals embezzled $400 million in U.S. aid to the country, according to an estimate from the Central Intelligence Agency.

Consumer Prices Rise, Inflation ‘Remains Too Hot’

While services inflation began to moderate and rent prices rose at a slower pace, "inflation still remains too hot for the Fed's liking," according to senior economist at Wells Fargo in Charlotte, North Carolina Sarah House.

Norfolk Southern Train Carrying Diesel Fuel Derails in Alabama, Hospitalizing Two

A Norfolk Southern train carrying diesel fuel derailed outside of Jasper, Alabama this weekend, briefly trapping two of the crew members.

Governor Gavin Newsom Visits States Where Freedom Is ‘Under Attack’; Ignores California

Gov. Gavin Newsom (D-CA) said Thursday that he has completed a tour of states where "freedom" is "under attack," but ignored his own state of California.

U.S. Increases Presence In The Middle East Amid Tensions With Iran

Officials have confirmed Saturday that the U.S. Navy has deployed a nuclear-powered guided-missile submarine to the Middle East.

Japan Breaks Sanctions With Western Allies, Buys Russian Oil Above Price Cap

Japan is now buying Russian oil above the price cap set by the G7, breaking its agreement with the country's western allies.

DOJ Files Lawsuit Against Norfolk Southern Railway

The US Department of Justice has filed a lawsuit against the railway company for allegedly violating the Clean Water Act and CERCLA by discharging oil and hazardous substances into navigable waters, seeking civil penalties, a declaratory judgment, and orders to ensure safe transport of hazardous materials and mitigate harm caused by the violations.

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