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Energy market

High oil prices may hurt poorest Americans most

by Elizabeth Trovall
Sep 27, 2023
Tight global supply raises costs for industry and motorists, but for now, the pain is milder than it was during price spikes decades earlier.
Gasoline prices in Burbank, California, last week.
Mario Tama/Getty Images
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Global markets are tanking because they see signs that the global economy is tanking

by Mitchell Hartman
Sep 26, 2022
Inflation, declining demand and uncertainty are bumming out investors.
It's been a rough couple of weeks for financial markets in the U.S. and abroad. For a decade before 2022, conditions were mostly favorable to risk takers.
Spencer Platt/Getty Images
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Texas power grid could be woefully unprepared for coming winter

by Andy Uhler
Oct 5, 2021
Legislation passed after February's brutal cold doesn't obligate Texas natural gas companies to do much in advance of extreme weather.
High voltage transmission towers on Feb. 21 in Houston.
Justin Sullivan/Getty Images
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Westinghouse bankruptcy raises questions about nuclear power's place

by Scott Tong
Mar 29, 2017
Westinghouse is one of the biggest names in nuclear energy around the world, and has been working on four new U.S. nuclear plants for years. Those South Carolina and Georgia-based projects have already run some $8 billion over budget. Now, Westinghouse has declared bankruptcy. This raises big questions about whether there’s a place for more […]
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