Aug 29, 2017

Harvey sends gasoline prices higher

Gasoline prices are beginning to rise in the wake of Hurricane Harvey, with at least 12% of America's refinery capacity currently offline. The average national retail cost of regular fuel has climbed 4 cents per gallon over the past week, per AAA, while mid-grade and premium are both up 5 cents per gallon.

And, if history is a guide, expect the increases to continue:

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Despite Trump, Congress boosts clean energy funding

Congress is set to pass a budget doubling down on a years-long trend of increasing clean-energy funding, despite President Trump's repeated attempts to cut spending.

Driving the news: The spending bill the House passed on Tuesday would increase energy research spending nearly 14% compared to this year’s levels and more than 50% compared to 2014.

Go deeperArrowDec 18, 2019

The year of the mall makeover

Illustration: Rebecca Zisser/Axios

In 2020, malls are trying to make a comeback — but with a twist.

Why it matters: Over the past few years, experts warned of a retail apocalypse and a massacre of malls that hasn't really happened — at least not the way they said it would. While the retail bastions of the 20th century, like Sears and Macy's, are hurting, America's big malls and shopping centers are still alive and finding new ways to get people through the door.

Geopolitical risk storms back into oil markets

Illustration: Sarah Grillo/Axios

Iran's response to the U.S. killing of Qasem Soleimani, a top Iranian military official, could target oil infrastructure and transit in the Middle East, analysts say.

Driving the news: The airstrike in Iraq that killed Soleimani pushed prices sharply upward last night and into this morning.

Go deeperArrowJan 3, 2020