Oil

New York State Prepares to Ban Natural Gas Hookups in New Construction

Under the budget deal, the ban on natural gas hookups will commence in 2025 for small buildings and in 2028 for large buildings.

Xi, Zelensky Speak by Phone in First Known Call Since War Started

Ukraine's President Volodymyr Zelensky claimed the phone call was "long and meaningful."

Supreme Court Declines Hearing Fossil Fuel Companies’ Appeals: Climate Change Lawsuits

The decision allows fossil fuel damage claims to be pursued at the state level.

U.K. Food Prices at Highest Level in Half a Century

Food prices from inflation are the highest in 45 years.

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.

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