Day: June 13, 2024

Refineries are BACK!

Energy News Beat Daily Standup Top Stories ADNOC Moves Ahead With Huge LNG Export Project in UAE June 12, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab […]

Beneath the Skin of CPI Inflation: A Stunning Outlier Services CPI Drove Down Everything Else

Energy News Beat Services are big, and that one-month outlier was massive, and it drove down Core CPI and overall CPI. By Wolf Richter for WOLF STREET. The Consumer Price Index for May, on a month-to-month basis, was pushed down by the continued sharp drop in durable goods prices, a drop in energy prices, flat food prices, and […]