Business

strongCrude oil prices remain at multiyear highs and could undermine U.S. economic growth. (David McNew/Getty Images)/strong

Can Biden beat oil prices?

Crude oil prices remain at multiyear highs and could undermine U.S. economic growth. Will Strategic Petroleum Reserves be tapped?
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Gas prices approaching $5 a gallon are displayed in front of a Circle K gas station on Oct. 05, 2021, in San Rafael, California. Gas prices in the U.S. are continuing to rise to the highest level since 2014. According to AAA, the national average for a gallon of regular unleaded gasoline inched up over $1 per gallon more than one year ago. (Justin Sullivan/Getty Images)

High gasoline prices not impacting consumer demand

Federal estimates for the price at the pump were revised higher in a monthly energy market forecast.
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West Texas Intermediate crude oil was flirting with $85 per barrel in late October, the highest price in seven years. (Tim Boyle/Getty Images)

Crude oil prices choppy after OPEC sticks with the plan

The White House has been pressuring the production group to open the spigot to bring prices lower, but it was rebuffed again.
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Nissan Americas names new diversity officer

Nissan has named Chandra Vasser, a 17-year Nissan veteran, to the new position of vice president and chief diversity, equity and inclusion officer, for its

Like crude oil, the average retail price for gasoline is at a seven-year-high. (Justin Sullivan/Getty Images) 

Consumers seem unfazed by 7-year-high gasoline prices

The national average price for a gallon of gas is 20 cents higher than a month ago, creating tensions in the commodities market. 
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Fast food companies like McDonald's could face more supply shortages. (Stephen Maturen/Getty Images)

Running out: Can fast-food favorites beat supply shortages?

McDonald’s, Taco Bell and Starbucks among chains running short, as other consumer products also disappear from shelves. 
The post Running Out: Can Fast Food Favorites Beat Supply Shortages? appeared first on Zenger News.

The price of U.S. crude oil has hit a 7-year-high. (Photo by Spencer Platt/Getty Images)

No Signs For An End To The Rally In Crude Oil Prices

As prices continue moving higher, energy-related inflation could pose a threat to continued economic growth.
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