Henry Epp
Reporter at Marketplace
Reporter @marketplace Past: @vermontpublic, @nepublicmedia Born and raised in Minneapolis
Articles
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1 week ago |
marketplace.org | Henry Epp
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic crash. The price of a barrel of West Texas Intermediate started Monday morning at just under $58 a barrel. That is more than twenty bucks cheaper than a year ago. And it is likely to head even lower: Over the weekend, the members of OPEC+ said they will boost supply. So, yay, cheap gas, right? Not so fast. It is possible for a barrel of oil to be too cheap.
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1 week ago |
marketplace.org | Henry Epp
Republican lawmakers in Congress are trying to push forward the president’s priorities on taxes. This week, the House Transportation and Infrastructure Committee advanced one piece of that effort. It includes a proposal to charge owners of electric vehicles a $250 annual fee — and a $100 charge for hybrid owners. The revenue would go into the fund that pays for upkeep of the nation's roads and bridges.
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2 weeks ago |
marketplace.org | Henry Epp
There’s an economic term that had fallen out of fashion until it reappeared this year: stagflation, which means stagnant economic growth plus inflation. A number of economists have warned that President Donald Trump’s tariff policies are likely to produce exactly that — rising prices and a sluggish economy. The latest GDP report shows the economy — for the first time since the pandemic shutdown.
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2 weeks ago |
marketplace.org | Henry Epp
While the Trump administration has been cutting thousands of jobs from the federal workforce, it’s also been trying to hire more of one particular type of federal worker: air traffic controllers. The Federal Aviation Administration has dealt with a shortage of controllers for years, and the agency has said it hopes to hire 2,000 of them this year. To do that, it boosted pay for some controllers in training, and simplified parts of the hiring process.
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3 weeks ago |
marketplace.org | Henry Epp
The number of new homes completed last month was up nearly 10% compared to a year earlier. But further up the housing pipeline, things are not looking so bright. The number of new single-family housing starts — projects that began construction — dropped by 14% in March. That metric can be volatile month to month. But at this time of year, “we would generally see an increase in starts in March,” said Selma Hepp, Chief Economist at Cotality.
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Hello! I never use this site anymore. If you want to see the things I very occasionally feel compelled to post on social media, I'm on Bluesky now. https://t.co/WM32hclRSo. See you there.
RT @ieefa_institute: The #oil industry has relied for decades on a perception of inevitability in oil demand growth. But that perception of…
RT @ColumbiaUEnergy: Global demand for oil just keeps growing. At the same time, gas and diesel-powered vehicles are getting more fuel eff…
