Europe had just about shaken off memories of the 2022 energy crisis. Global energy markets were set to be well supplied through 2026, suggesting weaker energy prices this year. But this view has been ...
As the Iran war enters its fourth month, ridership on U.S. public transit systems is rising as gasoline prices remain near historic highs. Weekday commutes on Los Angeles County’s Metro system, for ...
Gas prices are within striking distance of $5 a gallon, a painful threshold that seemed virtually impossible when the year started. And the high-demand summer driving season hasn’t even begun. Some ...
The Iran crisis has reignited fears of an energy supply squeeze and inflation shock in Europe, just as the continent hoped it had tamed inflation. Prolonged supply disruptions could lift eurozone ...
For Americans of a certain age, and macroeconomists of all ages, the 1970s carry a lingering trauma. Then as now, petrol prices spiked after tumult in the Middle East. Inflation soared; growth slumped ...
The national average gas price is about $4.14 per gallon, up nearly $1 since early March. Around $4 a gallon is a tipping point where most drivers start changing behavior, according to AAA. In Los ...
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