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Articles on Energy prices

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Several sites, such as this one near Freeport, Texas, store the hundreds of million of barrels in the United States’ Strategic Petroleum Reserve. Department of Energy via AP

Biden bets a million barrels a day will drive down soaring gas prices – what you need to know about the Strategic Petroleum Reserve

The total release could reach 180 million barrels over six months, which would make it the biggest in the history of the Strategic Petroleum Reserve.
Gas station in Seattle on March 11, 2022. AP Photo/Ted S. Warren

Would gas tax breaks make a big difference when prices are skyrocketing? We asked 4 experts

Consumers are feeling pain at the pump and demanding solutions. Some politicians are pushing gasoline tax waivers – but that means less money to fix roads, and often not much economic relief.
The war in Ukraine will continue to push up food prices as the supply from the ‘Breadbasket of Europe’ is cut in the short term and, possibly, the long term. (Shutterstock)

How the war in Ukraine will affect food prices

The Russian invasion of Ukraine will have global impacts far beyond the region directly involved in the fighting. Food prices will increase, and the effects will be felt by the most vulnerable.

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