The Department of Energy is out with its weekly oil and gasoline inventory data. Crude oil stocks fell by 191,000 barrels in the last week to 384.438 million barrels. We were expecting…
The weekly oil inventories are out from the Department of Energy and we have yet another trend that is good for the consumer but probably not the greatest news for oil bulls. …
True, False… Risk-on, Risk-off… Rumors impacted the market today and the rumors have already been denied per some wire reports. The rumor today was of an explosion at a pipeline in Saudi…
Crude-oil futures are trading lower so far this Monday morning. There is becoming a fear that higher oil prices could damage the global economic recovery. Today’s move may just be proof that…
When the President is talking about the high societal cost of rising oil prices yet simultaneously in the same speech is bashing the thought of more drilling for oil, it has to leave…
With West Texas Intermediate Crude challenging $105 per barrel now, it is time to start assessing the threat of $4.00 per gallon in gasoline. The summer driving season is usually a threat…
Car companies make most of their money on SUVs and crossover vehicles? What happens to those sales after gasoline rises and rises? It has been hard for many Americans to understand why…
