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Trump to Impose 25% Tariff on Countries That Buy Oil, Gas From Venezuela

(Reuters) – U.S. President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25% tariff on any trades made with the United States. This “secondary tariff” will take effect on April 2, Trump said in a Truth Social post. Trump said he is imposing the move …

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US NatGas Prices Flat as Record LNG Flows Offset Record Output

(Reuters) – U.S. natural gas futures held steady on Monday as record flows to liquefied natural gas (LNG) export plants offset record output and forecasts for milder weather and lower demand over the next two weeks than previously expected. Front-month gas futures for April delivery on the New York Mercantile Exchange held at $3.983 per …

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What are the Issues in US Talks with Ukraine and Russia?

(Reuters) – U.S. and Russian officials began talks in Saudi Arabia on Monday aimed at making progress towards a broad ceasefire in Ukraine with Washington eyeing a separate Black Sea maritime ceasefire deal before securing a wider agreement. The talks, which followed U.S. negotiations with Ukraine in Saudi Arabia on Sunday, come as U.S. President …

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Russian Central Bank Sees Chance of Prolonged Low Oil Price Cycle

(Reuters) – Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s – which contributed to the downfall of the Soviet Union. The warning came weeks before Russian and U.S. Presidents …

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STUDY: AI, Like Previous Technological Innovations, Will Likely Create More Opportunities For Workers Than it Destroys – Fraser Institute

By Steven Globerman What the History of Technological Change Tells Us About the Likely Economic Consequences of Artificial Intelligence Artificial Intelligence (AI) is an emerging General Purpose Technology (GPT). That is, it is an innovation that can be used for many activities across different industries and sectors and can be expected to have a major …

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Chevron CEO Michael Wirth’s Pay Rises to $32.7 Million in 2024

U.S. oil major Chevron said on Friday its Chairman and Chief Executive Officer Michael Wirth was paid $32.7 million in 2024, according to a filing with the Securities and Exchange Commission. The total compensation received by Wirth represents a 23.4% increase from the prior year. However, the median annual compensation for Chevron employees, in the U.S. …

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