Tag: energy costs

Energy, Industries

Energy bill support for businesses to be cut back from April through discount

January 9, 2023

Via: Sky News

The government is set to confirm later on Monday that it has decided on applying a discount to wholesale prices, for up to a year, following talks involving business leaders last week. It would replace the fixed price on wholesale […]


UK inflation reaches 10.1% on soaring food, energy costs

August 17, 2022

Via: ABC News

Britain’s inflation rate rose to a new 40-year high of 10.1% in July, a faster pace than in the U.S. and Europe as climbing food prices in the United Kingdom tightened a cost-of-living squeeze fueled by the soaring cost of […]


Breaking News: German ZEW Economic Sentiment Drops to Levels Last Seen in 2008

August 16, 2022

Via: DailyFX

ENERGY COSTS TO EAT INTO BOTTOM LINE Stubbornly high inflation and anticipated increase in energy costs is expected to weaken profits in the private consumption sector Already weak economic growth expected to decline further However, expectation for the financial sector […]

Energy, Industries

High energy costs are hitting UK; it’s about to get worse

April 1, 2022

Via: ABC News

Tia Rutherford is worried about her 3-year-old son. As energy prices soared last fall, she tacked fleece blankets over her doors and windows to keep the cold out and started serving Jacob breakfast in his room so she didn’t have […]

Energy, Industries

U.S. residents to get $3.2 billion to lower home energy costs

March 30, 2022


The Biden administration will make available nearly $3.2 billion from the bipartisan infrastructure law to help Americans lower home energy costs, Energy Secretary Jennifer Granholm said on Wednesday. Low-income Americans spend up to 30% of their paychecks on energy. This […]

Energy, Industries, Retail & Wholesale

US consumer prices up 0.3% in January, led by energy spike

February 10, 2021

Via: ABC News

WASHINGTON — U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have remained modest. The Labor Department reported […]

Industries, Retail & Wholesale

November consumer prices up 0.2% as energy costs rise

December 10, 2020

Via: ABC News

U.S. consumer prices edged up 0.2% in November as a rise in the cost of energy and a number of other goods offset a drop in food costs. The gain in the consumer price index followed a flat reading in […]


US consumer prices unchanged in October, lowest in 5 months

November 12, 2020

Via: ABC News

U.S. consumer prices were unchanged in October, the lowest reading in five months, suggesting that a price spike over the summer is beginning to fade as coronavirus cases spread. The flat reading for last month followed a gain of 0.2% […]

Industries, Retail & Wholesale

US wholesale prices drop record 1.3% in April

May 13, 2020

Via: ABC News

WASHINGTON — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States. The Labor Department said that its producer price index, […]

Energy, Industries

Trump has access to a little-used tool that could lower oil prices

July 12, 2018

Via: Business Insider

“REDUCE PRICING NOW!” That was President Donald Trump’s message to OPEC last week, adding that “gas prices are up & they are doing little to help.” It was just the latest in a string of tweets taking aim at the […]