Gas prices are the highest theyve been in nearly seven years. Heres why – CNN

https://www.cnn.com/2021/06/28/business/gas-station-outages/index.html


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CNN’s Matt Egan recaps a momentous day for the pro climate campaign.”},{“title”:”Mark Carney on Shell ruling: What companies need to do anyway”,”duration”:”00:58″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/26/shell-court-case-climate-change-qmb.cnnbusiness/index.xml”,”videoId”:”business/2021/05/26/shell-court-case-climate-change-qmb.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210526183952-mark-carney-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/26/shell-court-case-climate-change-qmb.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”A Dutch court ordered Royal Dutch Shell to dramatically reduce its carbon emissions by 45% by 2030 from 2019 levels.”,”descriptionText”:”A Dutch court ordered Royal Dutch Shell to dramatically reduce its carbon emissions by 45% by 2030 from 2019 levels.”},{“title”:”IEA’s Fatih Birol: The path to net zero is a daunting task”,”duration”:”03:49″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/18/climate-energy-iea-report-fatih-birol.cnnbusiness/index.xml”,”videoId”:”business/2021/05/18/climate-energy-iea-report-fatih-birol.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210518101449-fatih-birol-iea-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/18/climate-energy-iea-report-fatih-birol.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”Executive Director Fatih Birol discusses The International Energy Agency’s report on how to reach net zero carbon emissions by 2050, saying it “requires the transformation of our energy system in a very short period of time.””,”descriptionText”:”Executive Director Fatih Birol discusses The International Energy Agency’s report on how to reach net zero carbon emissions by 2050, saying it “requires the transformation of our energy system in a very short period of time.””},{“title”:”Energy regulator: Pipelines are at the forefront of our national defenses”,”duration”:”02:50″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/10/neil-chatterjee-matt-egan-ferc-colonial-pipeline-orig.cnn-business/index.xml”,”videoId”:”business/2021/05/10/neil-chatterjee-matt-egan-ferc-colonial-pipeline-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210510120948-matt-egan-neil-chatterjee-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/10/neil-chatterjee-matt-egan-ferc-colonial-pipeline-orig.cnn-business/video/playlists/business-oil-energy/”,”description”:”CNN’s Matt Egan interviews Neil Chatterjee, a commissioner on the Federal Energy Regulatory Commission, on the fallout following the shutdown of the Colonial Pipeline after a ransomware attack.”,”descriptionText”:”CNN’s Matt Egan interviews Neil Chatterjee, a commissioner on the Federal Energy Regulatory Commission, on the fallout following the shutdown of the Colonial Pipeline after a ransomware attack.”},{“title”:”Coal is powering the economic recovery, IEA says”,”duration”:”01:55″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/20/global-carbon-emissions-iea-energy.cnnbusiness/index.xml”,”videoId”:”business/2021/04/20/global-carbon-emissions-iea-energy.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/191121211745-china-carbon-emissions-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/20/global-carbon-emissions-iea-energy.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”The International Energy Agency says a boom in the use of coal in Asia, particularly China, is outweighing the growth of renewable energy sources. CNN’s John Defterios reports.”,”descriptionText”:”The International Energy Agency says a boom in the use of coal in Asia, particularly China, is outweighing the growth of renewable energy sources. CNN’s John Defterios reports.”},{“title”:”UAE’s nuclear facility begins commercial operations”,”duration”:”03:06″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/07/uae-nuclear-power-plant.cnnbusiness/index.xml”,”videoId”:”business/2021/04/07/uae-nuclear-power-plant.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210407113743-uae-barakah-nuclear-facility-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/07/uae-nuclear-power-plant.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”The UAE is the first Arab country to generate light from its own nuclear power. CNN’s John Defterios gets an exclusive look at the UAE’s Barakah nuclear facility which is expected to generate about 25% of the nation’s electricity.”,”descriptionText”:”The UAE is the first Arab country to generate light from its own nuclear power. CNN’s John Defterios gets an exclusive look at the UAE’s Barakah nuclear facility which is expected to generate about 25% of the nation’s electricity.”},{“title”:”OPEC and its allies extend production cuts”,”duration”:”02:09″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/04/opec-oil-prices-production-cuts-qmb.cnnbusiness/index.xml”,”videoId”:”business/2021/03/04/opec-oil-prices-production-cuts-qmb.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200304153141-oil-demand-defterios-pkg-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/04/opec-oil-prices-production-cuts-qmb.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”OPEC and allied producers agreed to extend production cuts through the month of April, choosing to limit supply until the global economic recovery is more firmly established. CNN’s John Defterios reports.”,”descriptionText”:”OPEC and allied producers agreed to extend production cuts through the month of April, choosing to limit supply until the global economic recovery is more firmly established. CNN’s John Defterios reports.”},{“title”:”ERCOT CEO explains how Texas power failure happened”,”duration”:”04:47″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/02/19/ercot-ceo-bill-magness-texas-power-outages-storm-camerota-newday-vpx.cnn/index.xml”,”videoId”:”business/2021/02/19/ercot-ceo-bill-magness-texas-power-outages-storm-camerota-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210219082619-ercot-ceo-bill-magness-large-169.jpg”,”videoUrl”:”/videos/business/2021/02/19/ercot-ceo-bill-magness-texas-power-outages-storm-camerota-newday-vpx.cnn/video/playlists/business-oil-energy/”,”description”:”Bill Magness, president and CEO of the Electric Reliability Council of Texas, explains why so many people lost power in Texas after a massive winter storm. “,”descriptionText”:”Bill Magness, president and CEO of the Electric Reliability Council of Texas, explains why so many people lost power in Texas after a massive winter storm. “},{“title”:”Biden revokes Keystone XL pipeline permit”,”duration”:”01:58″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/01/21/biden-revokes-keystone-xl-pipeline-permit.cnnbusiness/index.xml”,”videoId”:”business/2021/01/21/biden-revokes-keystone-xl-pipeline-permit.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210120081722-03-keystone-xl-pipeline-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/01/21/biden-revokes-keystone-xl-pipeline-permit.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”On his first day of office, President Biden took a series of executive actions that included revoking a permit that former President Trump granted to the Keystone XL pipeline. CNN’s Paula Newton explains why this is so controversial.”,”descriptionText”:”On his first day of office, President Biden took a series of executive actions that included revoking a permit that former President Trump granted to the Keystone XL pipeline. CNN’s Paula Newton explains why this is so controversial.”},{“title”:”The Rockefeller Foundation — founded on oil money — is dropping fossil fuels”,”duration”:”02:54″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business/”,”videoCMSUrl”:”/video/data/3.0/video/business/2020/12/17/rockefeller-foundation-rajiv-shah-fossil-fuels-orig.cnn-business/index.xml”,”videoId”:”business/2020/12/17/rockefeller-foundation-rajiv-shah-fossil-fuels-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200909220626-pba-onu-large-169.jpg”,”videoUrl”:”/videos/business/2020/12/17/rockefeller-foundation-rajiv-shah-fossil-fuels-orig.cnn-business/video/playlists/business-oil-energy/”,”description”:”The Rockefeller Foundation was founded over 100 years ago using money largely made from Standard Oil. In an exclusive interview with CNN Business’ Matt Egan, the foundation’s current president Dr. Rajiv Shah explains why it’s now dropping all fossil fuel assets.”,”descriptionText”:”The Rockefeller Foundation was founded over 100 years ago using money largely made from Standard Oil. In an exclusive interview with CNN Business’ Matt Egan, the foundation’s current president Dr. Rajiv Shah explains why it’s now dropping all fossil fuel assets.”},{“title”:”Warren Buffett’s Berkshire Hathaway buying natural gas assets”,”duration”:”02:36″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/07/06/warren-buffett-berkshire-hathaway-dominion-energy-natural-gas.cnn-business/index.xml”,”videoId”:”business/2020/07/06/warren-buffett-berkshire-hathaway-dominion-energy-natural-gas.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200224095740-warren-buffett-0918-file-large-169.jpg”,”videoUrl”:”/videos/business/2020/07/06/warren-buffett-berkshire-hathaway-dominion-energy-natural-gas.cnn-business/video/playlists/business-oil-energy/”,”description”:”Berkshire Hathaway is purchasing natural gas transmission and storage assets from Dominion Energy in a deal worth nearly $10 billion.”,”descriptionText”:”Berkshire Hathaway is purchasing natural gas transmission and storage assets from Dominion Energy in a deal worth nearly $10 billion.”},{“title”:”Why natural gas has a role in the energy transition”,”duration”:”02:32″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/01/07/natural-gas-energy-gec.cnn-business/index.xml”,”videoId”:”business/2020/01/07/natural-gas-energy-gec.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200107130818-natural-gas-energy-gec-00010408-large-169.jpg”,”videoUrl”:”/videos/business/2020/01/07/natural-gas-energy-gec.cnn-business/video/playlists/business-oil-energy/”,”description”:”Natural gas is the cleanest fossil fuel and may be key in reducing global CO2 emissions. CNN’s John Defterios explores the future for the fuel that lies at the heart of the energy transition.”,”descriptionText”:”Natural gas is the cleanest fossil fuel and may be key in reducing global CO2 emissions. CNN’s John Defterios explores the future for the fuel that lies at the heart of the energy transition.”},{“title”:”This energy startup has made a solar breakthrough”,”duration”:”02:48″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/11/19/heliogen-bill-gates-energy-solar-zw-orig.cnn-business/index.xml”,”videoId”:”business/2019/11/19/heliogen-bill-gates-energy-solar-zw-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/191118132748-01-heliogen-solar-energy-large-169.jpg”,”videoUrl”:”/videos/business/2019/11/19/heliogen-bill-gates-energy-solar-zw-orig.cnn-business/video/playlists/business-oil-energy/”,”description”:”Heliogen, an energy startup backed by Bill Gates, says its solar technology can reduce carbon emissions and costs for manufacturers.”,”descriptionText”:”Heliogen, an energy startup backed by Bill Gates, says its solar technology can reduce carbon emissions and costs for manufacturers.”},{“title”:”Why the US has a huge stash of emergency oil”,”duration”:”01:36″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/09/16/strategic-petroleum-reserve-oil-us-saudi-lon-orig-na.cnn-business/index.xml”,”videoId”:”business/2019/09/16/strategic-petroleum-reserve-oil-us-saudi-lon-orig-na.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190916194106-strategic-petroleum-reserve-usa-large-169.jpg”,”videoUrl”:”/videos/business/2019/09/16/strategic-petroleum-reserve-oil-us-saudi-lon-orig-na.cnn-business/video/playlists/business-oil-energy/”,”description”:”The Strategic Petroleum Reserve is designed to protect the US economy from big disruptions to the global oil market. Here’s why it’s been used three times since its creation in 1975.”,”descriptionText”:”The Strategic Petroleum Reserve is designed to protect the US economy from big disruptions to the global oil market. Here’s why it’s been used three times since its creation in 1975.”}],’js-video_headline-featured-d328lp’,”,”js-video_source-featured-d328lp”,true,true,’business-oil-energy’);if (typeof configObj.context !== ‘string’ || configObj.context.length

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