Sentences with phrase «current oil price spike»
Republicans are using the current oil price spike related to Mideast turmoil to call for more domestic drilling and Democrats are calling for tapping the Strategic Petroleum Reserve.
https://dotearth.blogs.nytimes.com/ Not exact matches
Oil prices spiked to a two - year high after Saudi Arabia launched a country - wide probe into corruption, detaining numerous high - profile individuals, including prominent businessmen and members of the ruling al - Saud family, as well as current and former ministers.
But while this has given some added impetus to renewables — as is also likely to be the case with the oil price spike due to the current turmoil in the Middle East — it has also boosted interest in massive new gas pipelines to diversify sources of gas supply.