For the first time, a gallon of regular gas now costs $5 on average nationwide, even though it hasn’t crept up quite that high in Baton Rouge, yet. The soaring cost of gasoline is bad news for businesses, on many accounts.
ExxonMobil executives believe global oil markets could remain tight for another three to five years, largely because of a lack of investment since the pandemic began, Bloomberg reports.
Charitable giving in the U.S. reached a record $485 billion in 2021, though the increase did not keep pace with inflation, according to a report this morning offering a comprehensive look at American philanthropy.