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News & Articles By Sterling Ashworth
10/20/2026
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By Sterling Ashworth
U.S. Offers Another 17 Million SPR Barrels as Fuel Crisis Deepens
The U.S. is putting another 17 million barrels of crude from the Strategic Petroleum Reserve (SPR) on offer, one day after the International Energy Agency (IEA) accelerated emergency stock releases as governments scramble to get more oil and fuel into a tight market [1]. The Department of Energy (DOE)issued a request for proposals on Oct. 16 […]
10/19/2026
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By Sterling Ashworth
U.S. Import Prices Rise 0.5% in September on Energy Costs, BLS Says
U.S. import prices increased 0.5% in September, boosted by higher costs for energy products, the Bureau of Labor Statistics reported Friday in Washington. Energy prices climbed 3.2% during the month, while non-energy import prices were unchanged, according to the report. The September gain extended a run of upward pressure on imported goods costs and coincided […]
10/16/2026
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By Sterling Ashworth
Inflation Scorches Americans Before Midterms, Driven by High Fuel Costs
U.S. consumer prices rose 3.7% in September from a year earlier, the Bureau of Labor Statistics (BLS) reported Wednesday, Oct. 14 – the final inflation reading before November’s midterm elections and a fresh signal that rising energy costs continue to strain household budgets. The consumer price index (CPI) climbed 0.6% from August, the largest monthly […]
10/16/2026
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By Sterling Ashworth
Iran Conflict Raises Costs Across Banana Supply Chain, Threatening U.S. Prices
The war in Iran that began in February has pushed up fuel and fertilizer costs across the global banana supply chain, raising the prospect of higher retail prices for the most consumed fruit in the U.S., according to the New York Times and industry officials. Danny Dumas, the president of Del Monte North America, called […]
10/15/2026
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By Sterling Ashworth
Report: American Dream Lifetime Cost Reaches $5.3 Million as Wages Trail
The lifetime cost of achieving eight traditional American Dream milestones has risen to more than $5.3 million, according to an Investopedia analysis released in October 2026. [1] The total covers homeownership, two new cars, raising and educating two children, retirement, healthcare, yearly vacations, pets and a wedding. [1] Private-sector wages and salaries rose 3.1% in the […]
10/13/2026
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By Sterling Ashworth
China Thermal Coal Prices Hit Three-Year High as Domestic, Imported Supply Tightens
China’s benchmark power-station thermal coal price hit 1,004 yuan ($150) a ton on Monday, Oct. 12 – the first time it has reached four figures in two years, according to the China Coal Transportation and Distribution Association (CCTD) [1][2]. Prices have risen by about 25% since mid-July, the association stated. The increase coincides with sluggish domestic […]
10/12/2026
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By Sterling Ashworth
Trump Says Russia Will Export Diesel, Lifts Sanctions
President Donald Trump announced Friday that Russia will supply diesel to U.S. and global markets, saying sanctions on Russian fuel exports have been temporarily lifted as prices surge amid overlapping conflicts in Ukraine and the Middle East. The president disclosed the arrangement in a post on Truth Social following what he described as a 90-minute […]
10/10/2026
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By Sterling Ashworth
Trump Pledge on Iran Strikes Fails to Soothe Oil Markets
President Donald Trump’s surprise pledge that the U.S. would not resume airstrikes against Iran before the midterm elections failed to reverse a sharp jump in oil prices Thursday, according to market data cited by NBC News. Oil markets largely ignored the pledge. After having risen as high as almost $106 per barrel, Brent crude oil […]
10/09/2026
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By Sterling Ashworth
U.S. Budget Deficit Surges to Nearly $2 Trillion, CBO Reports
The federal budget deficit climbed to nearly $2 trillion in the fiscal year that ended Sept. 30, the Congressional Budget Office reported, deepening a pattern of persistent red ink that has alarmed budget analysts across the political spectrum. The gap between what the government collects in taxes and other revenue and what it spends widened […]
10/05/2026
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By Sterling Ashworth
Did Netanyahu’s Cabinet Know about October 7 Attack in Advance?
On October 7, 2023, Hamas-led fighters breached Israel’s Gaza border barrier, killing about 1,200 people and taking 251 hostages, according to Israeli officials [1]. Israeli officials initially described the assault as a surprise. Subsequent reports, books and testimony cited by former officials allege that political and military leaders received advance warnings of the operation [2]. […]
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