Latest news with #LuciaKassai
Bloomberg
11-04-2025
- General
- Bloomberg
Keystone Pipeline Sludge Delays Work Needed to Assess Damage
By and Lucia Kassai Updated on Save Excavation work at a Keystone Pipeline oil spill has been delayed because crews must clean up sludge around the site, according to the North Dakota Department of Environmental Quality. Heavy equipment has been moved close to the location of Tuesday's leak that spewed 3,500 barrels of oil across a remote area of the state, but digging can't commence until a mixture of crude and water is removed, agency official Marty Haroldson said by phone on Friday. The excavation, which had been expected to start on Thursday, is the first step in repairing the pipe system that hauls Canadian oil to US markets.
Bloomberg
04-03-2025
- Automotive
- Bloomberg
Why Trump's Tariffs Could Drive US Gasoline Prices Higher
By and Lucia Kassai Save Americans love driving and doing so on the cheap, but newly imposed tariffs on oil imported from Canada and Mexico are likely to raise gasoline prices around the US and cause headaches for the refiners responsible for making the fuel. The cost of living is top of mind right now for US consumers, whose long-term inflation expectations are at the highest level in almost three decades on concerns that President Donald Trump's tariffs will lead to higher prices. Although fuel is a small portion of the average American household's budget, it's a highly visible and politically sensitive expense that drivers are reminded of every time they fill up at the pump.
