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How much worse will Trump's energy crisis get? And when will it end?
MSNBC· 2026-03-20 04:18
One thing about Donald Trump's war of choic inran that I have not been able to get out of my head is when last week Trump posted online the United States is the largest oil producer in the world by far. So when oil prices go up, we make a lot of money. Who exactly is the we there.Certainly not you. It's not the majority of people. A gallon of gas on average, as I'm sure you've noticed, hit $3 .88 today.Roughly a dollar more than what it was before the war began just a few weeks ago. And at least eight state ...
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Bloomberg· 2026-03-17 04:56
Worsening fuel shortages resulting from the war in the Middle East are threatening sacred funeral ceremonies in Thailand, where Buddhist temples are scrambling to obtain diesel for cremations https://t.co/v0HffgcIgS ...
As Oil Prices Spike, G-7 Leaders Consider Releasing Reserves
Your fuel prices are skyrocketing because oil markets are in disarray. And things could get worse. In recent hours, US oil prices have skyrocketed past $110 a barrel, which are some of the most insane climbs in the record of the futures market in the US.More recently, they have paired back some of those gains. Now, this isn't cause for concern for the US economy yet, but it's an important psychological benchmark for global oil markets, and it will increasingly affect US consumers pump prices. The average pr ...