Myra P. Saefong of MarketWatch reports on gas demand from Hurricane Milton in Florida. Hurricane Milton is one of the Atlantic Basin’s strongest storms on record and the frenzy of evacuations in Florida, where it’s expected to make landfall Wednesday evening, has led to shortages at nearly 16% of the gasoline stations in Florida, according...
Jacob Bogage and Maxine Joselow of The Washington Post report on how Hurricane Milton may impact FEMA’s nationwide recovery efforts. Federal relief agencies are confronting a potential budget shortfall as aid begins reaching communities battered by Hurricane Helene and large swaths of the Southeast prepare for Hurricane Milton to strike Florida as a monster storm. The funding crunch is most dire...
The Economist writes on how conflict in the Middle East might impact oil prices. EVER SINCE Hamas’s attacks on Israel a year ago, the biggest fear in oil markets has been that tensions would escalate into a full-blown regional war pitting Israel against Iran, the world’s seventh-largest producer of crude. Until recently both countries seemed keen to...
Paul Tice writes in The Hill about the folly of Europe’s climate strategy. Since the 2015 signing of the Paris climate agreement, the European Union has become the government standard-bearer for the climate change movement, plunging headlong into the legal and regulatory work required to achieve the United Nations’s global emissions targets. Europe aspires to...
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