Asian utilities are stockpiling fuel oil as natural gas shortages boost demand for dirtier energy alternatives

A fuel tanker navigates near Cienfuegos Oil Refinery southeast of Havana Thomson Reuters Asian utility companies are stocking up on dirtier fuel oil amid natural gas shortages. That's due to a slash in Russian gas supplies, leading Europe and Asia to compete for the alternatives left on the market. In August, Japan's fuel-oil purchases soared […]

Peeved by price gouging and shortages, hospitals will now make their own drugs

Enlarge / Former pharmaceutical executive Martin Shkreli. Jail for him, competition for his kind. (credit: Getty | Drew Angerer ) For four of the country’s largest hospital systems, enough is enough. Sick of drug companies’ eye-popping price hikes and ridiculous shortages, the feisty hospital systems announced Wednesday that they’ve banded together and formed an unnamed […]