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Analysis

Clean energy & electric vehicles will help Arizonans' pocketbooks & national security

Reliance on fossil fuels is increasingly a threat to national and economic security, and Arizona has shown that embracing the electric vehicle industry can do more than clean the air and save consumers money — It can invigorate an economy. ... Read more»

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Americans cite inflation as top problem facing the country

A Pew Research Center survey released Thursday indicates that inflation is the most concerning issue facing the U.S. public, as a declining share of Americans say the COVID-19 pandemic, unemployment and racism are big problems. ... Read more»

Court tees up truckers to get paid for time spent in rigs not driving

At a time of spiraling inflation and high gas prices, the First Circuit showed little concern about an argument that America’s supply-chain problems will be even worse if truck drivers must be paid for the time they spend on the road but not working. ... Read more»

Analysis

U.S. gas prices are over $4 a gallon. These oil CEOs took home over $20M.

Oil and gas CEOs received nearly $45m more in combined total compensation in 2021 compared to 2020 amid a spike in prices.... Read more»

3 big reasons why the Biden climate agenda is floundering

After noting climate as one of four crises facing the nation during his 2020 campaign, President Joe Biden’s climate agenda has had multiple setbacks for the plan that was once seen as historically ambitious. ... Read more»

U.S. inflation rose at fastest rate in 40 years, Phoenix grew even faster

The U.S. cost of living surged 8.5% over the past 12 months, the fastest one-year increase in more than 40 years, driven by skyrocketing gas, food and housing prices - and consumers in the Phoenix area have been seeing even sharper increases.... Read more»

Analysis

Oil production & rhetoric are up in New Mexico — but jobs & investments? Not so much.

As many groups are demanding American leaders increase oil production, the oil and gas industry has thousands of unused federal drilling permits - but the majority of producers said they had no plans to dramatically increase production in the next year.... Read more»

Biden to release 180 million oil barrels to lower gas prices

President Joe Biden announced the largest-ever release of oil from the nation’s strategic reserves Thursday as part of the administration’s strategy to lower gas prices, which have faced escalatory pressure since Russia’s invasion of Ukraine last month. ... Read more»

In Texas, calls to boost U.S. oil production after Russian invasion run into hard realities

In Texas’ Permian Basin — the nation’s most productive oil region and the place that would have to lead any jump in U.S. production — people in the industry, energy analysts and local leaders say there’s no quick or easy way to crank up American energy production ... Read more»

Cómo los altos precios de la gasolina están afectando el transporte en Arizona

Arizona se encuentra entre los 10 mercados más caros para la gasolina y el dramático aumento en los precios del combustible en todo el país ha llevado a las empresas de transporte a agregar recargos y ha empujado a los viajeros a buscar métodos de transporte más rentables.... Read more»

White House, Republicans and oil industry spin domestic oil production facts

With the U.S. blocking new purchases of Russian oil, the White House, Republicans and the oil industry are engaged in a disagreement over whether the administration has hampered domestic oil production or whether the industry is holding back - both sides are spinning the facts.... Read more»

How high gasoline prices are affecting transportation across Arizona

Arizona is among the top 10 most expensive markets for gas - averaging $4.62 a gallon - and the dramatic rise in fuel prices across the country has prompted ride-hailing companies to add surcharges and pushed commuters to seek more cost-effective methods of transportation. ... Read more»

Ukraine war, sanctions on top of COVID mean even worse trouble ahead for global supply chains

Vladimir Putin’s aggression signals a rollback of the ideals of a free Europe that emerged after 1991 - but also portends the end of something else: global supply chains that Western companies built after the Berlin Wall fell over three decades ago.... Read more»

Exxon Mobil fights to shield climate disinformation as free speech

One of the world’s biggest oil and gas companies appeared to be running on fumes Wednesday as Exxon Mobil attempted to shield itself under a law that protects people or organizations from being sued for making statements in the public interest. ... Read more»

U.S. to ban imports of Russian oil as war in Ukraine rages

President Joe Biden announced a U.S. ban Tuesday on the import of Russian oil and natural gas, acceding to pressure by Ukrainian President Volodmyr Zelensky and a bipartisan coalition of lawmakers on the Hill. ... Read more»

Here’s what you need to know about Russia, Ukraine and your oil and gas

As Russia began its invasion of Ukraine last week, one of the first barometers of what the fallout might mean economically for the rest of the world was registered by the oil market as the price of brent crude oil jumped to $105/barrel for a while, its first appearance over $100 since 2014.... Read more»

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