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Category: Economy, Energy, Financial Markets

Commercial storage levels of crude oil decreased by 2.1 million barrels from the week ending Dec. 31. Meanwhile, total motor gasoline inventories increased by 10.1 million barrels, suggesting the drain on crude oil inventories was a result of an uptick in refinery activity. (Mark Wilson/Getty Images)

US Petroleum Demand Slumps, But Outside Factors Are Bullish

Federal data showed a decline in demand for petroleum products, but the global energy market is not limited to the U.S. economy. The post...

Travel club AAA listed a national average retail price of $3.29 for a gallon of regular unleaded gasoline on Tuesday, but although prices may be softening in the short term, analysts don't expect it to last. (Justin Sullivan/Getty Images)

Mixed Bag For Outlook On Gas Prices

There could be a bit of a post-holiday lull that could bring prices lower, but it remains to be seen if it will last. The post Mixed Bag...

The “First Congress of The Sapien Tribe” gala and charity event was held during the recent NFT NYC tech conference.  Among the items on-site was the NFT (non-fungible token) of the Harambe statue on Wall Street that attendees are shown posing with here. (Lisa Chau)

Cashing In On Cryptocurrency And NFTs: Buyer Beware

Growing interest in digital money reflected by strong in-person attendance at recent NFT NYC conference. The post Cashing In On...

Senator Samra Brouk Releases Summary Review of 2021 Legislative Efforts

Carol Elizabeth Owens Senator Samra Brouk (Dist. 55) released a summary of her 2021 legislative efforts and accomplishments on Dec. 27,...

Analysts say gas prices remain high because producers — initially caught off guard by the pace of economic recovery — continue to struggle to keep up with demand. (Justin Sullivan/Getty Images)

Enjoy Lower Gas Prices While They Last

Analysts say modest relief at the pump will be fleeting. The post Enjoy Lower Gas Prices While They Last appeared first on Zenger News.

President Joe Biden assured the global community America is committed to a greener future. (Photo by Jeff J Mitchell/Getty Images)

Do Environmental Protection Laws Only Work When The Economy Is Doing Well?

Politicians roll back environmental protection laws, claiming to fix the supply-chain crisis. The post Do Environmental Protection Laws...

Greater Rochester NYS Assembly and Senate Delegation Announces More than $4.9 Million Investment in Community’s Anti-Violence Efforts

Staff report The Greater Rochester Delegation of New York State Assembly and Senate members announced delivery of more than $4.9M...

Lower gas prices are somewhat bittersweet given the renewed concerns about the COVID-19 pandemic and new mask and vaccine mandates. (Joe Raedle/Getty Images)

Omicron, For Better Or Worse, Is Bringing Gasoline Prices Lower

This week marks the sixth week in a row for a decline in retail gasoline prices. The post Omicron, For Better Or Worse, Is Bringing...

Local Leaders Promote ‘VAX-BOOST-MASK’ Message In “Let’s Keep Monroe Open” Campaign

Staff report Business, government and healthcare leaders gathered at the Wegmans Conference Center to launch Monroe County’s...

Analysts said there is healthy crude demand, but the short-term outlook is weakening on growing omicron and inflation worries. (Justin Sullivan/Getty Images)

Weekly Oil Data Paints Better Picture Of US Economy

Demand for refined petroleum products remains at or near pre-pandemic levels. The post Weekly Oil Data Paints Better Picture Of US...