ABCNEWS - Los Angeles, Las Vegas among 5 US cities bracing for extreme heat
More than 45 million people from California to the Dakotas are on alert for dangerous heat on Sunday.
More than 45 million people from California to the Dakotas are on alert for dangerous heat on Sunday.
Americans will see higher prices for energy in the weeks ahead. They aren't likely to see the kind of broad economic slowdown that has accompanied oil price shocks in the past. The big picture: That's the implication of early market moves following the U.S. and Israeli strikes. It follows logically from a reordering of global energy markets over the last two decades. - Indeed, it's easy to imagine that this new geoeconomics of oil gave President Trump comfort in launching the attacks, grave risks notwithstanding. State of play: For the last half-decade, the U.S. has been a net exporter of oil, reflecting the fracking boom of the 2010s. - That doesn't mean that the U.S. imports no oil, nor that domestic consumers won't pay a price for…