Energy
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Iran strike sets loaded oil tanker ablaze in Dubai
The attack, which came despite stepped-up security, comes with oil prices already settling above $100 per barrel, nearly double the price in January
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Europe’s climate policies offer no relief for gas prices, as oil-rich U.S. is somewhat shielded
North America produces almost all the oil it needs to supply itself, but Europe mostly passed on investments in oil and gas development. Now, as petroleum supplies from the Middle East get cut off, the flaw in green policies is becoming apparent.
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U.S. Supreme Court denies Michigan pipeline case
The Sixth Circuit Court of Appeals allowed Enbridge Energy's lawsuit against the state policy to continue. Whitmer argued Michigan has a right to decide how its public lands can be used and should be allowed to revoke the company's pipeline access.