CATHY BUSSEWITZ | The Seattle Times

April 29, 2022 at 4:18 am

Exxon profits surge despite $3.4B hit from Russian exit

Exxon Mobil reported $5.48 billion in profits during the first quarter as oil and gas prices rose steadily.

Business

March 31, 2022 at 10:45 am

EXPLAINER: What is the Strategic Petroleum Reserve?

President Joe Biden is again dipping into the nation’s petroleum stockpile to try to corral rising energy prices.

Business

March 9, 2022 at 12:04 pm

Pariahs no more? US reaches out to oil states as prices rise

Three checkered oil regimes that President Joe Biden and past U.S. leaders have spectacularly snubbed — Venezuela, Saudi Arabia and Iran — are the targets...

Business

People pump gas at a Giant Eagle GetGo where a gallon of unleaded regular gas is $4.19.9, while at a neighboring Sunoco station, rear, a gallon of unleaded regular is $4.39.9, in Mount Lebanon, Pa., Monday, March 7, 2022. (AP Photo/Gene J. Puskar) PAGP101 PAGP101

March 8, 2022 at 4:10 am

Explainer: What does a U.S. ban on Russian oil accomplish?

With Russia intensifying its war on Ukraine, President Joe Biden announced a U.S. ban on imported Russian oil. Here's a deeper look.

Business

March 2, 2022 at 9:40 am

GOP wants to end Russian oil imports to US, boost production

Republican elected officials across the U.S. are criticizing President Joe Biden over his energy policies and want to ramp up domestic production as a way...

Business

March 2, 2022 at 1:50 am

OPEC sticks to plan of gradual output hikes as crude soars

The leaders of OPEC and its oil-producing allies are sticking with their plan to gradually increase oil production while Russia’s invasion of Ukraine rattles markets,...

Business

FILE – Trees grow on forest land adjacent to Mount Rainier National Park on Monday, Nov. 23, 2015, near Ashford, Wash. The land is part of a project of 520 acres on private timberland that allows a private nonprofit to sell “carbon credits” to individuals and companies who are hoping to offset their carbon footprints. According to a report by the NewClimate Institute released on Monday, Feb. 7, 2022, many of the world’s largest companies are failing to take significant enough steps to meet their pledges to achieve zero net carbon emissions in the coming years. (AP Photo/Ted S. Warren) NY379 NY379

February 7, 2022 at 12:13 pm

Report: Climate pledges from Amazon, others weaker than they seem

Many of the world’s largest companies are failing to take significant enough steps to meet their pledges to vastly reduce the impact of their greenhouse...