Suzanne Danforth News Today

The US has some of the lowest fuel taxes in the developed world. The federal gasoline tax is 18.4 cents per (US) gallon, and the median state tax is a further 26.1 cents. In the EU, the minimum tax on unleaded gasoline is €0.359, equivalent at current exchange rates to about $1.43 per gallon. The ...

Oil prices look set to soar even higher, as markets factor in a slump of 1 to 2 million barrels per day in Russian production by the end of the year.

We were pretty sure that Joe Biden's presidency, such as it is, was going to be a disaster, but even we could not have predicted how bad it's about to become. On his first couple of [...]

Global oil demand is recovering faster than expected and, with tight natural gas and coal markets, the demand destruction point might be higher than $80 this winter

The Great Influenza of 1918-19 was one of the greatest disasters of the 20th century, estimated to have killed more than 50 million people. But it ended relatively quickly, hitting in three waves between the spring of 1918 and the spring of 2019. It has been 21 months since the Covid-19 virus was first identified ...

The U.S. may be heading into winter with the lowest stockpiles of heating oil to meet surging demand in more than two decades.

Jet fuel demand recovery faces long haul as travel stays regional Restrictions on long-distance flights and the surge in COVID-19 in India will keep jet fuel demand below pre-pandemic levels over the coming months, even as an easing of lockdown in some parts of the world boosts jet fuel demand. Vaccination success and reduced infection rates in Western countries are allowing travel to resume. It will, however, be dominated by short-haul flights, which account for almost two thirds of the total ...

LONDON/SINGAPORE/NEW YORK — Hopes of a speedy aviation recovery this year have been knocked back by global travel restrictions after the emergence of new…

As pro-Trump rioters violently raided the U.S. Capitol in Washington, D.C. today in opposition to what Trump is claiming to be a fraudulent election, supporters in Hawaiʻi gathered in front