This article was written by Follow up Michael Kramer is the founder of Mott Capital, and is the only long-term investor who focuses on major themes and trends in studies and options activities to identify and evaluate entry and exit points for investments in his long-term focused strategy for the growth of the theme. He … Read more
The conflict in the Middle East has caused oil prices in the United States to rise to their highest level in four years. It’s bad news for everyone, but the domestic effects of the war are likely to be irreparably damaging, and in the process destroy one of the great engines of economic growth. Iran’s … Read more
Moneywise and Yahoo Finance LLC may receive commission or revenue from the links below. As the Secretary of the Interior, Doug Burgum explained how the increase in oil production in Venezuela could help lower gas prices for Americans, President Donald Trump intervened on a different issue (1): “Forget that – when are they going to … Read more
QPerhaps the most well-known author on the oil markets is Daniel Yergin. His work has won a Pulitzer and his advice is sought after by every president from Bill Clinton to Donald Trump. Let’s start by looking at an example. Fifteen years ago, before the US and Israel started their war against Iran, killing thousands … Read more
Retail sales increased by 0.6% in February Basic sales earn 0.5%; a large tax refund guarantees spending Production increases in March, but the supply chain continues to deteriorate WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline … Read more
Written by Lucia Mutikani WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline prices due to war in the Middle East were expected to dampen spending in coming months. A late report from the Commerce Department on … Read more
In early March, gas prices went up almost overnight. Propane prices soon followed. Anyone who uses gasoline for their car, truck, generator, or home heating will soon feel the change in their bank account. Reason is not magic; it is a global energy system that deals with conflicts. When tensions rise in the Middle East, … Read more