The headlines from Europe are shocking: Modern economies facing the potential of government-imposed rationing of electricity, perhaps even rolling blackouts. Businesses forced to close as electricity costs soar by as much as 75 percent. The looming prospect of families unable to heat their homes during the coldest days of the coming winter. The cause of the
Photo: Harvesters collect wheat on a field in Krasnodar region, southern Russia With much fanfare, ship after ship loaded with grain has sailed from Ukraine after being stuck in the country’s Black Sea ports for nearly six months. More quietly, a parallel wartime deal met Moscow’s demands to clear the way for its wheat to
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.