Black America Breaking News for the African American Community
Related Articles
Every weekday evening, our editors guide you through the biggest stories of the day, help you discover new ideas, and surprise you with moments of delight. Subscribe to get this delivered to your inbox.
For months, filling up at the pump has been more costly than usual, with U.S. gas prices hitting their highest point since 2014. The intensifying Russia-Ukraine crisis threatens to further squeeze the global energy market: Russia, which faces Western sanctions over the conflict, is the world’s third-largest oil exporter.
- Why did gas get this expensive in the first place? Experts have three theories, Robinson Meyer reports in his newsletter, The Weekly Planet. One is simple: “Investors are spooked” by diminished U.S. and European reserves and by global upheaval. The other two are more complex: “The Scarcity Theory,” for one, holds that “current oil inflation is only the tip of the suffering to come” in the United States.
- Russia could upend the energy market. If the country responds to Western sanctions by cutting off oil supply to Europe, gas prices could spike around the world, David Frum writes: “Some commentators are comparing the current Russian aggression against Ukraine to Hitler’s invasion of Poland in August 1939. Here’s another analogy that could be more accurate: In 1979, upheavals in the Middle East sent energy prices soaring—and Western economies tumbling.”
The rest of the news in three sentences:
(1) A new COVID-19 vaccine made by Sanofi and GSK was shown to be highly effective in trials, according to data released by the companies.
(2) Texas Governor Greg Abbott directed a state agency to investigate gender-affirming care for transgender youth as a form of child abuse.
(3) The two prosecutors in charge of the Manhattan D.A.’s investigation into Donald Trump resigned.
Tonight’s Atlantic-approved activity:
Read a poem: Here’s Christian Wiman’s “From a Window,” which was first published in The Atlantic in 2008.
A break from the news:
Our staff writer Amanda Mull wants to know why it’s hard to find a decent floor lamp online.
Source link
