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EU seeks to lower its dependency on China

EU Commission President Ursula von der Leyen has called for lowering the bloc’s reliance on China for technologies and raw material supply, warning it may end up in the same situation as with Russian energy supply amid the ongoing conflict in Ukraine. Von der Leyen made the remarks on Friday …

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Ministers propose highway speed limit to lower fuel use

Germany should introduce a motorway speed limit, the nation’s regional environment ministers decided in a reportedly unanimous vote during a conference on Friday. The move is justified by the need to save energy and reduce Germany’s dependence on oil and gas imports amid the ongoing conflict in Ukraine, the ministers …

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Biden admin’s ratings crater but VP’s are even lower – poll

Americans have a lower-than-ever opinion of Vice President Kamala Harris, according to a poll published Friday by Trafalgar Group. Just 28% of respondents approve of the VP, while 57% of those polled said they ‘strongly disapprove’ of how she is handling her job.  US President Joe Biden is languishing at …

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US to unleash strategic oil reserves to lower prices

US President Joe Biden unveiled a two-pronged plan on Thursday to lower gas prices by increasing supply and decreasing demand, vowing to lead the country to a future of clean energy while soothing its immediate wounds by unleashing millions of barrels from its strategic reserves. A “use it or lose …

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Why a US crude export ban won’t lower prices at the pump

As the Biden Administration considers ways to lower the price of gasoline in the United States, which is now at a seven-year high, it faces calls from Democrats to weigh all possibilities, including the “nuclear option” to reimpose a ban on US crude oil exports.    Analysts and industry professionals don’t …

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