Source: Graph by the U.S. Energy Information Administration, based on data from CME Group, as compiled by Bloomberg L.P. Recently, prices of high-sulfur crude oils have been declining relative to low-sulfur crude oils. Rising crude oil […]
ENB Publishers Note: The hypocrisy of California is sad. “Let’s save the planet” but turn a blind eye to being one of the largest reasons the Amazon rain forest is being destroyed through importing oil […]
Source: Graph by the U.S. Energy Information Administration, based on Standard International Trade Classification (SITC) data published by the U.S. Census Bureau Note: Data displayed are for crude oil, petroleum products, natural gas, and electricity only. In 2020, […]
Source: Graph by the U.S. Energy Information Administration, based on data from the California Independent System Operator (CAISO). Despite widespread, intense drought conditions, hydroelectric power plants in the California Independent System Operator (CAISO), the grid operator for most of […]
New lockdowns would threaten to aggravate supply shortages Central banks face complex challenges on policy decisions The advent of the omicron variant of the coronavirus risks posing new challenges for central bankers by threatening economic […]
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