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'I can't see the light': War fuels surging prices in Europe - KSTP.com Eyewitness News

Russia's war in Ukraine has accelerated inflation across Europe, with prices for energy, materials and food surging at rates not seen for decades. It’s causing sticker shock at the grocery store, gas pumps, electricity bills and construction sites. Inflation is expected to hit nearly 7% this year in the 27-nation EU and is contributing to slowing growth forecasts. Fishmongers and farmers are being forced to charge prices for their catch and crops that even they see as astronomical. High f...
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Source: kstp.com

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Coastal News Today | GOM - Who Wins if the USA Gulf of Mexico Loses Out?

Analysts say the moratorium has had little or no immediate impact on current production in the U.S. Gulf of Mexico (GOM) given acreage already in play. That could change. “In case of a moratorium in the U.S. offshore Gulf of Mexico federal region or complete ban on new leases, the impact would not be felt immediately but may have serious ramifications on production and investments after four to five years,” said Atul Prasad Gupta, assistant director, Oil & Gas Practice with Acuity Knowledge...
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Who Wins if the USA Gulf of Mexico Loses Out?

Here is an overview of global regions that could benefit from GOM uncertainty stemming from the Biden administrations leasing moratorium. A temporary U.S. federal moratorium on new oil and natural gas leases has been in place since January as part of a Biden administration executive order to review new fossil fuel leasing and permitting practices, amid other climate change initiatives to reduce carbon emissions. Analysts say the moratorium has had little or no immediate impact on current produc...
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