Government, Business, Fuel

As Coronavirus Spreads, Global Demand for Oil Lessens, Prices Fall

NEW YORK — With the coronavirus outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further.

Cathy Bussewitz | Associated Press
March 2, 2020
Government, Business, Fuel

OPEC Nations Grapple With Oversupply of Oil

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy prices — is hanging over members of the OPEC cartel as they head into negotiations Dec. 5. 

Cathy Bussewitz | Associated Press
December 4, 2019
Government, Business

Exxon Trial Probes How Oil Giant Accounts for Climate Change

NEW YORK — New York’s attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming.

Cathy Bussewitz | Associated Press
October 21, 2019
Business, Technology, Autonomous

Driverless Cars Deliver From Kroger-Owned Store in Arizona

The nation’s largest grocery chain stepped into the driverless delivery market Dec. 18, bringing milk, eggs and other items to a customer’s home in a vehicle with nobody at the wheel.

Cathy Bussewitz | Associated Press
December 27, 2018