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Preface to all five Hope Springs Eternal posts: My original idea was to have a series of bearish charts that were still intact and the formerly-bearish charts which had been wrecked. The vast majority...
The White House continues to tell us that they are doing nothing wrong with the way they are running the economy or the country. It’s only the messaging that gets them into trouble. For example, those...
Oil prices are on the rise after China reportedly will cut in half its quarantine period from visitors overseas. That is raising expectations that China is starting to get its covid problem under...
Markets expect Central Banks to become more aggressive – stocks tumble, while interest rates and the US Dollar surge higherThe ECB finally “grasped the nettle” on Thursday, but their announced...
This article was written exclusively for Investing.com Crude oil continues to digest early March highs Gasoline, heating oil prices reach record levels Crack spreads show demand is robust New all-time...
Oil prices continue their biggest run in over a decade as we don't have enough of anything, and we will have less. We are short of refining capacity, and now Europe will be short crude as they move...
RBOB gasoline futures took a big drop late in yesterday’s trading session after a headline the White House released saying it is considering waving all EPA regulations to lower gas prices. This is the...
While German Economic Minister Robert Habeck says: “I am disappointed that it is taking so long to agree on an oil embargo vs. Russia,” even if they do, Saudi and OPEC have Russia’s back. The FT...
US oil is on sale to the world. Joe Biden has been selling out our Strategic Petroleum Reserve at a record pace, and China and Europe are buying. US SPR reserves are at the lowest level since 1987,...
Now Biden and Mario Draghi are talking about bringing back the failed energy policies of the past, raising the ghost of price caps for oil and gas, not to mention windfall profit taxes on oil...
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