Economy – StarNewsVIP.com

For the week ending Nov. 26, the U.S. Energy Information Administration reported that commercial crude oil inventories declined by 900,000 barrels from the previous week and remain about 6 percent below the five-year average for this time of year. (Tom Pennington/Getty Images)

December 2, 2021 1982kontepeters

US Oil, Gas Data Suggest Sluggish Demand

Gasoline prices may finally be heading lower in the near future. (Photo by Justin Sullivan/Getty Images)

November 30, 2021 1982kontepeters

Omicron Could Finally Bring Relief To The Pump

Chilean women march demanding their rights on International Women’s Day, March 8, 2021, in Santiago, Chile. (Photo by Marcelo Hernandez/Getty Images)

November 30, 2021 1982kontepeters

Women Face Systemic Inequality In Chile

The IRS is providing tax-preparation assistance in some 350 languages. New benefits are available for families. (Photo by Justin Sullivan/Getty Images)

November 30, 2021 1982kontepeters

IRS Works With Taxpayers In 350 Languages, Offers New Benefits

The cost of supplies and wages are on the rise for restaurants, in a slow, painful recovery. (Scott Heins/Getty Images)

November 26, 2021 1982kontepeters

Pandemic And Economy Hit The Restaurant Industry Hard

Drivers line up their tanker trucks to deliver crude oil to Marathon Oil to be refined into gas in Salt Lake City, Utah. (George Frey/Getty Images)

November 25, 2021 1982kontepeters

Weekly Petroleum Data Paints Picture Of US Economic Health

U.S. President Joe Biden speaks on the economy during an event at the South Court Auditorium at Eisenhower Executive Office Building on November 23, 2021 in Washington, DC. President Biden announced the release of 50 million barrels of oil from the Strategic Petroleum Reserve of the Department of Energy to combat high energy prices which are at a seven-year high across the nation prior to the holiday travel season. (Alex Wong/Getty Images)

November 24, 2021 1982kontepeters

Small Businesses Squeezed As Inflation Soars, Supply Chains Clog

A customer pumps gas into her vehicle at a gas station on November 22, 2021 in Miami, Florida. Florida Governor Ron DeSantis announced he would ask state lawmakers to temporarily “zero out” state gas taxes next year. DeSantis said the approximately 25-cent-a-gallon “gas tax relief” proposal could save the average Florida family up to $200 over a five- to six-month period. (Photo by Joe Raedle/Getty Images)

November 23, 2021 1982kontepeters

US Prices At The Pump Slowly Starting To Ease

Masks with the altered image of Brazilian President Jair Bosonaro are burned during a protest about government measures to handle the COVID-19 pandemic on Oct. 20, in Brasilia, Brazil. The country’s Senate is currently looking into the government’s role in mismanaging the response to the virus. (Photo by Andressa Anholete/Getty Images)

November 19, 2021 1982kontepeters

Social Unrest, Allegations Of Corruption Could Bring Down Presidents Of Argentina, Brazil And Chile

Inflationary pressures, the strength of the U.S. dollar, geopolitical risk factors and statements from key figures can move oil markets on any given day. (Justin Sullivan/Getty Images)

November 18, 2021 1982kontepeters

Oil Watchers Focus On Sentiment

Gasoline prices above $5 per gallon are displayed at a gas station on Nov. 15, 2021, in Los Angeles. According to AAA, the average price statewide for one gallon of regular unleaded gas hit $4.68 Tuesday, an all-time record high. The price spike is being blamed on the increasing cost of crude oil, higher demand, and other factors. (Mario Tama/Getty Images)

November 16, 2021 1982kontepeters

Will Gasoline Prices Move Even Higher On Holiday-Driven Demand?

A young girl and her family stand by their home as police and the army force them and their neighbors to dismantle the shanty town. The government claimed the settlement was illegal on July 20, 2012, in Tegucigalpa, Honduras. Living conditions in the country are rated among the worst in the world. (Spencer Platt/Getty Images)

November 15, 2021 1982kontepeters

Elections In Honduras Are A Test For Democracy In A Hard-Hit Nation

A report shows Latino purchasing power is higher than expected. (Lisa Lake/Getty Images for Green New Deal Network)

November 12, 2021 1982kontepeters

Buying Power: Latino GDP In U.S. Ranks 8th In The World

strongCrude oil prices remain at multiyear highs and could undermine U.S. economic growth. (David McNew/Getty Images)/strong

November 11, 2021 1982kontepeters

Did Biden Beat Oil Prices?

The 2021 Black Business Owner Spotlight survey conducted by Bank of America reflects a general sense of optimism among its respondents, but continued worries about finding financing. (Spencer Platt/Getty Images)

November 10, 2021 1982kontepeters

Access To Capital Remains A Problem For Most Black Businesses

Gas prices approaching $5 a gallon are displayed in front of a Circle K gas station on Oct. 05, 2021, in San Rafael, California. Gas prices in the U.S. are continuing to rise to the highest level since 2014. According to AAA, the national average for a gallon of regular unleaded gasoline inched up over $1 per gallon more than one year ago. (Justin Sullivan/Getty Images)

November 9, 2021 1982kontepeters

High Gasoline Prices Not Impacting Consumer Demand

West Texas Intermediate crude oil was flirting with $85 per barrel in late October, the highest price in seven years. (Tim Boyle/Getty Images)

November 4, 2021 1982kontepeters

Crude Oil Prices Choppy After OPEC Sticks With The Plan

Containers stacked up at the Port of Los Angeles in December 2020 as the pandemic and other factors contributed to supply-chain challenges. (Barrett Ward/Unsplash)

November 4, 2021 1982kontepeters

Why The Global Supply Chain Is Broken And How To Fix It

AAA listed a national average retail price of approximately $3.40 for a gallon of regular unleaded gasoline for Nov. 2, the highest it’s been since late 2014. (Justin Sullivan/Getty Images)

November 4, 2021 1982kontepeters

Higher Prices At The Pump May Be Around For A While

In 2021, earnings from bananas suffered “the most catastrophic loss in the last 10 years,” say Latin American producers and exporters of the product. (Courtesy of Augura)

November 2, 2021 1982kontepeters

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Category: Economy

US Oil, Gas Data Suggest Sluggish Demand

Omicron Could Finally Bring Relief To The Pump

Women Face Systemic Inequality In Chile

IRS Works With Taxpayers In 350 Languages, Offers New Benefits

Pandemic And Economy Hit The Restaurant Industry Hard

Weekly Petroleum Data Paints Picture Of US Economic Health

Small Businesses Squeezed As Inflation Soars, Supply Chains Clog

US Prices At The Pump Slowly Starting To Ease

Social Unrest, Allegations Of Corruption Could Bring Down Presidents Of Argentina, Brazil And Chile

Oil Watchers Focus On Sentiment

Will Gasoline Prices Move Even Higher On Holiday-Driven Demand?

Elections In Honduras Are A Test For Democracy In A Hard-Hit Nation

Buying Power: Latino GDP In U.S. Ranks 8th In The World

Did Biden Beat Oil Prices?

Access To Capital Remains A Problem For Most Black Businesses

High Gasoline Prices Not Impacting Consumer Demand

Crude Oil Prices Choppy After OPEC Sticks With The Plan

Why The Global Supply Chain Is Broken And How To Fix It

Higher Prices At The Pump May Be Around For A While

Not So Fruity: Plan To Pay More For Bananas