energy

European Union

Inflation hits record 10% in 19 EU countries using Euro – Associated Press

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

Energy

New Study Shows Energy Exports Big Win for U.S. Economy – Inside Sources

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.

U.S. Domestic spending plan

Manchin, Schumer in surprise deal on health, energy, taxes – Associated Press

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

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