Seriously low diesel supply threatens to worsen inflation
A seriously low U.S. and global diesel supply is likely to drive up fuel costs and worsen inflation, raising concerns as the cold weather months approach. “The national numbers for distillates are pretty tight,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “It’s uncomfortable. That doesn’t mean that you’re going to see widespread outages, but if we get a bout of cold weather, things could be challenging.” Analysts say that a confluence of factors, long bubbling beneath the surface, are now coming to a hea
Read MoreWill he or won’t he? Pressure mounts on Biden for post-midterm decision
President Biden will face mounting pressure to announce his intentions about whether he will run for reelection immediately after the midterm elections — pretty much regardless of the outcome. But pressure will only intensify, some Democrats say, if their candidates perform poorly on Nov. 8. That is increasingly a concern for Democrats, who have long seen holding the House majority as a longshot but held out hopes they could keep their Senate majority. That’s still a possibility, but with races tightening in a number of states, includi
Read MoreRNC chairwoman won't apologize for mocking Fetterman, Biden speech issues
Republican National Committee Chairwoman Ronna McDaniel on Sunday sidestepped a question about whether she regrets mocking President Biden and Pennsylvania Senate candidate John Fetterman (D) for their speaking abilities. “Fox News Sunday” host Shannon Bream asked McDaniel to respond to her own recent comments making light of the president’s speech impediment and Fetterman’s speaking issues following a stroke asking, “Do you regret
Read MoreDemocrats scramble to push Fetterman over the finish in Pennsylvania
Democrats in Pennsylvania are scrambling to flip the script on a less-than-stellar performance from Senate candidate John Fetterman during the state’s first and only televised debate and throwing the kitchen sink at pushing him over the finish line. With just over a week until Election Day, they are hoping Fetterman can hang on in a state that’s emerged as the center of Democrats’ hopes of retaining control of the Senate. The conversation immediately after last week’s debate largely surrounded Fetterman’s struggles on stage due to lingering symptoms from a stroke e
Read MoreUkraine says Iran’s help for Russia should push Israel out of neutral stance
Ukrainian officials say Iran’s war-time aid to Russia should convince Israel to abandon its position of withholding military assistance to Kyiv. Ukraine also wants the Biden administration to step up pressure on Israel, which has condemned Russian President Vladimir Putin’s invasion and delivered humanitarian support to Kyiv but refrained from offering arms. Officials in Kyiv are hoping that Tehran’s provision of suicide drones to Russia will lead to a shift in position for Israel. They are particularly pushing for Israeli help with air defenses that would provide
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