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PublishedSeptember 24, 2023
Fifty years ago, the energy crisis officially began. And it hasn’t ended.
An attack in the Mideast led to an oil embargo in the West, and Mainers learned just how precarious their energy situation could be. The repercussions remain.
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PublishedAugust 3, 2023
Saudi Arabia extends cut of 1 million barrels of oil a day, potentially boosting prices at the pump
A series of production cuts over the past year has failed to substantially boost prices amid weakened demand from China and tighter monetary policy aimed at combatting inflation.
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PublishedMarch 13, 2023
Biden approves major oil drilling project in Alaska over protests
The administration, in a move in the other direction toward conservation, earlier said it would bar or limit drilling in some other areas of Alaska and the Arctic Ocean.
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PublishedFebruary 7, 2023
UK energy giant BP’s profits double to $27.7 billion
High oil and gas prices have hit Britain hard, with double-digit inflation fueling a wave of public-sector strikes, soaring food bank use and demands that politicians expand a tax on the windfall profits of energy companies.
Oil prices