Investors expect the Federal Reserve to move much more aggressively with hiking interest rates in the coming months as inflation rises to multidecade highs.
Obviously, the war in Ukraine is a tragedy of monumental proportions. Over three million Ukrainians have fled their country in the aftermath of Russia’s invasion. While brave Ukrainians have put up a very stout defense of their nation, the Russians have been able to take control of some areas and are killing innocent civilians.
Amid rising gas prices, churches around the United States are helping communities by giving away thousands of dollars worth of gas to hundreds of cars, bringing smiles to the drivers, and infusing hope.
The Biden administration said Friday it would resume plans for oil and gas drilling on federal lands and waters after an appeals court ruled to allow the use of an approximately fivefold higher “social cost of carbon” value in evaluating permits, according to reports.
Rep. Frank Pallone, D-N.J., chairman of the Energy and Commerce Committee, is asking executives from six oil companies to testify about surging gas prices.
Officials from the administrations of presidents Joe Biden and Andres Manuel Lopez Obrador in recent days discussed their concern about the impact that rising food and energy prices will have on the region
