Low-Income Households Pay More for Energy, but Efficiency Can Help

With bans on utility shutoffs during the COVID-19 pandemic expiring, action is needed to ease the energy burdens of at-risk communities. Pay the electric bill or the mortgage? Run the air conditioner or refill that prescription? Turn up the heat – or eat? For too many Americans, these are critical…

Crude oil prices increased in 2021 as global crude oil demand outpaced supply

Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply. The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a…