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Economy

“Used Car Prices Are Rising… FAST!”

“EDITOR’S NOTE: The asset in your portfolio that is rising the fastest these days will likely shock you. It’s probably not your stocks or even your Bitcoin. CNBC reports it’s your used car. Jim Bianco, the President of Bianco Research,… Continue Reading…

Economy

“How to walk out of the grocery store with a smaller bill”

“1. Plan ahead… 2. Compare costs… 3. Stock up on staples… 4. Pick wisely…” https://www.cnbc.com/2021/12/31/4-ways-to-lower-your-grocery-bill-as-food-prices-soar-.html For this article I skipped all the filler and just highlighted the main points. The most effective way to lower your food cost was not… Continue Reading…

Energy

“Chronic Underinvestment Could Push Oil Prices Higher In 2022”

“Long-suffering Americans grappling with runaway inflation are finally enjoying some reprieve. After a relentless climb, prices at the pump have been heading south, with national average gas prices tumbling to a 10-week low of $3.28 a gallon, according to AAA.… Continue Reading…

Energy

“[California] may see nearly $6 gas in 2022: study”

“In a new study released on Wednesday, GasBuddy forecasts the nationwide average price for gas will be $3.41 in 2022. The current price nationwide averages about $3.29. GasBuddy thinks prices could near $4 a gallon by June as drivers take… Continue Reading…

Energy

“Gas price falls as cargo ships divert to UK”

“Huge cargo ships carrying liquid gas that were destined for China have changed course and are now heading towards the UK, as Europe remains trapped in a major supply crunch. While the Continent’s energy crisis and high prices have attracted… Continue Reading…

Energy

“Short interest in energy stocks increased in the past month”

“Investors increased their bearish bets in the energy sector in the past month, as a decline in crude oil prices led to broad weakness in the sector. Based on the most recent exchange data, the median industry short interest, or… Continue Reading…

Economy

“U.S. goods trade deficit hits a record in November”

“The U.S. trade deficit in goods mushroomed to a record in November as imports surged and exports slipped. The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said on… Continue Reading…

Energy

“Oil and gas discoveries are at the lowest level since 1946”

“Oil and gas firms are having their worst year for new fossil fuel discoveries in decades and reserves are dwindling. The oil and gas industry is on track to discover just 4.7 billion barrels of oil equivalent (boe) by the… Continue Reading…

Energy

“Record-Breaking Gas Prices Prompt Iran To Boost Production”

“As great as Iran’s oil reserves are, its gas reserves are even greater, with official estimated proven natural gas reserves of 33.78 trillion cubic metres (Tcm), second only to Russia, 17 percent of the world’s total and more than one-third… Continue Reading…

Economy

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Raxxmorz.com is the main hub for content. Please share the articles. Make sure to subscribe as well. It’s completely free. You can also follow me on: Twitter and Linkedin. Feel free to leave any questions or comments. Also if you’re a… Continue Reading…