When Gary Dirks arrived in China in 1995, the country’s government was looking to source more of its energy at home. Dirks was the incoming country head for BP, but efforts to find more oil and gas in the country had largely fizzled. So government leaders pivoted, Dirks said. China invested heavily in its domestic…
Aung Min Tun drives a delivery van up to 500 miles a day, so he was thrilled when gasoline prices started to drop after President Trump took office last year. Overnight this week, he watched them rise to $3.39 a gallon from about $3.00 at gas stations he visited in Illinois. President Donald Trump speaks…
By Nicole Jao and Shariq Khan NEW YORK (Reuters) -U.S. gasoline prices could fall below $3 a gallon this summer for the first time in over four years as a stretch of bad weather events dampens fuel demand and a jump in imports fills inventories. Gasoline prices have been in a lull in recent months,…