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Economy & Business

White House Mulls How To Stabilize Gas Prices Amid Russian Hostilities

"White House aides are reviewing how the United States could respond if Russia curtails exporting global oil products due to hostilities over Ukraine, anticipating a potential spike in gas prices that could further compound already high prices domestically."

Source: Washington Post, 02/22/2022

Weather Disasters Affected 1 In 10 Homes In The Country Last Year: Report

"Extreme weather affected more than 14.5 million homes in the United States last year, causing an estimated $56.92 billion in property damage, according to a report released this morning by CoreLogic, a property information and analytics provider."

Source: Washington Post, 02/18/2022

"Power Grid Upgrade Costs to Handle Extreme Weather Divide States"

"Clean energy goals and resilience to extreme weather should spur the next wave of power grid upgrades, federal energy officials and state utility commissioners broadly agreed Wednesday during a meeting in Washington."

Source: Bloomberg Environment, 02/17/2022

Rightwing Lobby ALEC Pushes To Blacklist Companies That Boycott Oil

"The influential rightwing lobby group the American Legislative Exchange Council (Alec) is driving a surge in new state laws to block boycotts of the oil industry. The group’s strategy, which aims to protect large oil firms and other conservative-friendly industries, is modelled on legislation to punish divestment from Israel."

Source: Guardian, 02/14/2022

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