The latest forecast shows gas prices are set to fall over the next two years. But China and Russia are big wild cards.
With Xi Jinping’s visit to Riyadh, China and Saudi Arabia are signaling to the U.S. that the era of American dominance is over.
Refining capacity shortfalls will probably keep gas prices elevated for the forseeable future.
Russian fuel exports actually rose during the first 100 days of the Ukraine war.
The average price of a gallon of gasoline in the U.S. is now above $5 for the first time ever.
Declining costs of renewables are increasing the economic viability of green hydrogen.
Energy independence is an evolving political aim, not an immutable desired end state.
Record high gas prices under Biden are taking a toll on the pocketbooks of Americans.
The rallies have now broadened to encompass more political demands.
The challenge is to implementing the multiplicity of solutions needed to bend the global warming curve.