Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of the globe’s major economies as higher prices undermine consumers’ spending power. Consumer prices in the 19-country eurozone rose a record 10% in September from a
Despite Shortages and Soaring Prices, West Coast AGs Fight to Block Natural Gas Pipeline – Inside Sources
California may be facing an energy shortage and rolling blackouts as a heat wave hits the state, but that is not stopping officials from trying to shut down another international pipeline. Attorneys general from Washington, Oregon, and California are asking the Federal Energy Regulatory Commission (FERC) to deny a proposed expansion of the Gas Transmission Northwest (GTN)
As of this month in The Netherlands, plant-based meat now costs less than animal meat. This is massive news for those interested in more plant-based options in the United States. For years, the cost of plant-based proteins was a huge obstacle for people looking to go entirely plant-based or to adopt more of these foods into
Progressive Democrats are demanding a ban on all U.S. oil exports, claiming it would drive down the price of gas at the pump. Nationalist Republicans are attacking the Biden administration for selling oil from the Strategic Petroleum Reserve on the open market, allowing millions of barrels to be bought by China. But new research shows allowing U.S.
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin announced an expansive agreement Wednesday that had eluded them for months addressing health care and climate, raising taxes on high earners and corporations and reducing federal debt. The two Democrats said the Senate would vote on the wide-ranging measure next week, setting
Image by Foto-Rabe from Pixabay The Phoenix area posted one of the nation’s highest inflation rates over the past year at 12.3%, compared to a national rate of 9.1% that was itself the sharpest rise in more than 40 years. Data released Wednesday by the Bureau of Labor Statistics said the increase in the consumer