Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
Keystone XL pipeline to be delayed TransCanada Corp. says the long-delayed Keystone XL pipeline will be in service months later than expected and cost more than its current $5.3 billion price-tag as it continues to await U.S. government approval. TransCanada had been sticking to its late 2014 or early 2015 start-up target, but the regulatory process has dragged on. More
Drivers benefit as oil prices drop sharply A sharp decline in the price of oil this month is making gasoline cheaper at a time of year when it typically gets more expensive. It's a relief to motorists and business owners and a positive development for the economy. More
Nigeria tycoon 'plans $8bn refinery' Africa's wealthiest man, Aliko Dangote, says he aims to invest up to $8bn in a major new oil refinery that would double Nigeria's current oil output. More
US natural gas prices jump That was also the contract’s biggest daily percentage increase since January 2022 when it jumped by a record 46.5% around the time the front-month switched from February to March. In the spot market, ... 04/30/2024 - 5:14 pm | View Link
Home Prices Soar To All-Time High—Here Are The Fastest-Growing Cities The steepest price hikes weren’t found in New York, San Francisco or L.A. — prices climbed highest in San Diego, Detroit, and Chicago in February. 04/30/2024 - 8:31 am | View Link
Ticket prices for Kentucky Derby continue to climb Average ticket prices for the Kentucky Derby “have steadily ticked upward” as Churchill Downs has "added more suites and exclusive seating options, elevated its fan experience, and built out new ... 04/29/2024 - 5:02 am | View Link
US natgas prices jump to 12-week high on contract expiry, Freeport LNG return U.S. natural gas futures jumped about 5% to a 12-week high on Monday with the start of the higher priced June contract and forecasts for more demand than previously expected with an increase in ... 04/29/2024 - 4:05 am | View Link
Indian Gas Exchange expects 35% jump in gas trading in FY25 Indian Gas Exchange (IGX) anticipates a 35% surge in gas trading due to increased demand and softened international prices. 04/26/2024 - 6:42 pm | View Link
Recently, President Joe Biden issued his 2025 proposed budget, the U. S. Department of the Treasury provided its “Green Book” explanations of these proposals, and House Republicans advanced a concurrent resolution for the 2025 congressional budget. It is uncertain any portion of these proposals will become bills, but they provide insight into priorities and a preview of what we will see in debates this year.
Within the proposed budget — and, therefore, the commentary within the related Green…
Tax legislation will be a hot topic for individuals and entities in the health care industry during the upcoming election. While future legislation may be unpredictable, several provisions of the Tax Cuts and Jobs Act (TCJA) will sunset on Dec. 31, 2025, unless they are extended or made permanent by legislation.
Sunoco's multibillion-dollar deal to buy pipeline operator NuStar Energy has taken a big step forward, after shareholders in the latter voted in favor of the deal.