Prices are up all over the U.S. from this time last year. However, we are still paying far less for gasoline today than we did for most of the last decade.
Category: Hard Commodities
Crude oil prices rise and fall, leaving Americans cheering (or groaning) over gas prices at the pump. But oil prices are influenced by far more than the rise and fall of supply and demand. Middle Eastern politics and other global events influence oil, making the resource a central, but volatile, part of American life.
Trump’s Decision to Deploy Troops Will Boost Gas Prices
In the 21st century, an army needs more than food and ammunition. Modern armies need vast amounts of oil to win.
Oil’s Dirty Secret Exposed By This 1 Chart
I’m going to tell you a secret about oil. It shows why the oil industry is tanking … and what we can expect from oil prices for at least the next year.
Use This Simple Trick to Turn a 37% Loss Into a Big Gain
The oil business isn’t shutting down anytime soon. That means these stocks are valuable, even though their shares are plummeting right now.
A 10%-Plus Drop Is Imminent for This Commodity
There is a clear downward trend in the seasonal pattern for this commodity that is set to last until the end of the year.
The U.S. Oil Industry Is Far From Dead
The collapse of oil prices has convinced many investors that U.S. oil is dead. However, that couldn’t be further from the truth.
What You Think You Know About the Oil Patch Could Cost You Big Gains
The sentiment is nearly unanimous: Oil is expensive to extract, and there’s no way oil companies can make money at $50 per barrel. However, it’s not true.
This Sector Is Still Screaming: “Buy Me!”
Three weeks ago, I wrote that the oil sector was screaming “buy me!” What a difference a few weeks makes to the status quo…
I Just Handed You a 15% Gain in 3 Months
As I discussed back in April, our opportunity was to short natural gas by owning consumers that rely on natural gas for fuel. Turns out, my thesis works.
Will There Be Enough Corn to Meet the Oil Industry’s Demand?
The price of corn is heading higher thanks to record heat, lower production estimates and record ethanol production.
The Smart Money Is Nibbling at Oil
The headlines are clear: Oil will never be able to pull out of this bear market. But there are some bullish investors in the market.
The Entire Oil Sector Is Screaming: ‘Buy Me!’
Lots of energy stories have a grim outlook. But if anything, the picture for oil prices at $60 or higher by year’s end is only brighter than it was before.
This Segment of the Oil Industry Is Booming Right Now
Oil exploration companies are getting pounded by lower oil prices. However, this area of the oil industry is making money.
The Hands-Down Winners of the Oil Sector
U.S. net petroleum imports fell under 4 million barrels per day in April and again in May. That’s the lowest point since we began keeping records in 1991.