Critics say more fire-line digging crews should be hired instead.

The president’s administration opened the door Friday to offshore oil and gas drilling in federal waters over the next five years.

It’s a bid to better manage visitors who often far outnumber residents in the historic lagoon city, clogging narrow streets and heavily used foot bridges crossing the canals.

The scenario of an economic downturn caused by a ‘self-fulfilling process coming out of the high inflation and reductions in people’s incomes’ is looking more likely now, says the former Treasury secretary.

The market’s deep slump this year reflects investors’ anxiety over surging inflation and the possibility that higher interest rates could bring on a recession.

The low supply has raised prices to record levels, knocking many consumers out of the new-vehicle market.

The increase of 648,000 barrels per day in August still leaves the world thirsty for oil as it rebounds from the COVID-19 pandemic and runs up against the inability of the 23-member OPEC+ alliance to meet its production quotas.