Russia's invasion of Ukraine heats up cooking oil prices in global squeeze The Russian invasion of Ukraine has further fueled already high food and energy costs, hitting the poorest people hardest.
What to know about the U.S. emergency oil stash as Biden gears up to tap the reserves The U.S is planning its largest-ever release from its Strategic Petroleum Reserve. Here's what to know about the country's emergency oil stash.
Biden is considering tapping oil reserves to control gas prices The consideration to tap the strategic reserve comes as prices have spiked since the U.S. and allies have imposed steep sanctions on Russia over its invasion of Ukraine.
With gas prices soaring over the Ukraine war, here's a plan to cut oil consumption From cutting highway speed limits to launching car-free Sundays in big cities, the International Energy Agency proposes to cut the demand for oil by as much as 2.7 million barrels per day.
KUOW Newsroom How clean energy could be good for your wallet as well as the environment Clean energy advocates argue Washington will continue to be vulnerable to these price fluctuations unless we move away from the global oil market — not just Russian oil.
Record gas prices hit working class Americans with inflation already surging With each passing day the disruption of oil markets related to Russia's invasion of Ukraine pushes up gas prices in the U.S. to a new record.
Biden ban on Russian oil hits Anacortes, Washington refinery Russian oil could be en route to Washington state for several more weeks despite a ban on Russian oil and gas imports imposed by President Joe Biden on Tuesday.
How a wrinkle in the oil futures market has clogged America's oil pump The U.S. is still the largest producer of oil, but we're a long way from pumping what we were before the pandemic. Blame backwardation.
Major oil companies pull out of once-promising Russia Announcements from Shell and BP will further hit Russia's tanking economy — and batter its image as a go-to place for oil and gas investments.
The U.S. emergency oil stash is in the spotlight as gas price surge. What to know President Biden is looking at options to bring down high prices. One possibility attracting a lot of attention is releasing crude oil from the country's emergency reserves.
