Camila Domonoske appears in the following:
What to know about the U.S. emergency oil stash as Biden gears up to tap the reserves
Thursday, March 31, 2022
The U.S is planning its largest-ever release from its Strategic Petroleum Reserve. Here's what to know about the country's emergency oil stash.
How a handful of metals could determine the future of the electric car industry
Sunday, March 13, 2022
Automakers want to sell you an electric vehicle, but to do that, they'll need the world to dig a lot more minerals out of the ground. The challenge is transforming both mining and the auto industries.
Automakers partner with mines as electric cars rely on raw materials for batteries
Friday, March 11, 2022
As automakers move to expand electric vehicle production, not enough raw materials — such as lithium — are being mined for batteries. Automakers are now directly sourcing raw materials from mines.
Gasoline prices surge to a national record, with prices topping $4.17 gallon
Tuesday, March 08, 2022
The national average for a gallon of regular gasoline is now 4.17 according to AAA. That surpasses the previous record set in the summer of 2008, when not accounting for inflation.
Oil prices surge as fears about Russian crude supplies intensify
Wednesday, March 02, 2022
The global benchmark topped $115 briefly on Wednesday, just days after it crossed the triple-digit mark for the first time in seven years.
Ford announces a historic restructuring as it pivots to an electric future
Wednesday, March 02, 2022
The American automaker is going to split its auto business into two units — Ford Blue and Ford Model E. They will be housed under the same corporate umbrella.
ExxonMobil joins business exodus from Russia after decades of close ties
Tuesday, March 01, 2022
The American oil and gas giant is "beginning the process to discontinue operations" at the Sakhalin-1 project off Russia's eastern coast. The company also says it won't make new investments in Russia.
Big oil companies cut business ties with Russia
Tuesday, March 01, 2022
BP, Equinor and Shell have all announced they are terminating their ties to the Russian oil industry — a move that will cost them billions of dollars.
The U.S. and 30 other nations are releasing oil from reserves to try to calm markets
Tuesday, March 01, 2022
Oil-consuming nations will bring 60 million barrels of crude out of storage and onto global markets. It's supposed to calm oil prices down, but global crude went up on the news.
Biden sanctions spare Russia's energy sector. What that means for OPEC talks
Sunday, February 27, 2022
The ongoing crisis in Ukraine has created volatility on global oil markets. The oil cartel OPEC+ has a meeting this week to discuss their output.
Oil surges past $100 a barrel after Russia invades Ukraine
Thursday, February 24, 2022
Oil surged past triple-digit prices for the first time since 2014. The breach of the psychologically significant milestone is bound to reinforce fears about inflation.
Ukraine crisis drives up global energy prices
Wednesday, February 23, 2022
The Russian military buildup that's threatening Ukraine is also driving up global energy prices. Oil has come close to $100 per barrel, a price not seen since 2014.
Oil prices are surging toward $100 a barrel. Here's what that means for you
Tuesday, February 22, 2022
The threat of war between Russia and Ukraine is driving prices sharply higher, but there's more at play than just geopolitical tensions.
How China dominates the electric vehicle supply chain
Monday, February 21, 2022
The entire auto industry is making a massive pivot to electric vehicles. The world is going to need a lot more batteries. And China dominates the supply chain.
California sues Tesla, alleging rampant racism at factory
Tuesday, February 15, 2022
A California state agency has sued Tesla, alleging that the automaker allowed "rampant racism" to run unchecked for years. The company says the lawsuit is "unfair and counterproductive."
Automakers face even more supply chain pain as Canadian protesters block a key bridge
Thursday, February 10, 2022
Car makers are canceling some production shifts as protests over public health measures in Canada shut a key bridge that connects Detroit to Ontario.
Why buying a car is still such a miserable experience right now
Tuesday, February 08, 2022
Car buyers today continue to face fewer choices and much higher prices — and cheap vehicles are especially hard to find. It's not just that there are fewer cars; the ones being made are fancier, too.
Automakers and dealers are rolling in it thanks to demand for new cars
Saturday, February 05, 2022
Thanks to supply chain delays, car shoppers are finding fewer choices and higher prices. But low supply and high demand is paying off handsomely for auto makers and dealers.
OPEC members to meet as crude oil prices reach 7-year highs
Wednesday, February 02, 2022
The OPEC oil cartel holds its monthly meeting Tuesday amid high prices driven by supply shortages and geopolitical tensions. Some analysts predict prices could go up to a $100 a barrel soon.
2022 is promising to be big year for electric vehicles
Sunday, January 02, 2022
Big automakers are planning to introduce several new models of electric vehicles in the coming year, though the demise of a hoped-for subsidy may keep sales sluggish in the short term.