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Economy, Energy

“Here comes $7 gas prices, warns oil strategist in dire outlook”

“Drivers best start bracing for another surge in gas prices amid the conflict between Russia and Ukraine and years of under-investment by the oil industry, warns one veteran energy strategist. “My guess is that you are going to see $5… Continue Reading…

Energy, Stocks

“Top Energy Stocks for February 2022”

“Best Value Energy Stocks These are the energy stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you’re paying less for each dollar of… Continue Reading…

Energy

“$100 Oil? Bets Are Rolling In Again.”

“To say investors are bullish on oil again would be an understatement. In a year that has begun with serious uncertainty—largely about the path of interest rates and tech stocks — a positive call on oil is as close to… 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

“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…

Investing, Precious Metals

“Big Money Is Eyeing Metals Over Oil As Mining Assets Soar”

“…The energy transition is driving the next commodity supercycle, with immense prospects for technology manufacturers, energy traders and investors. Indeed, new energy research provider BloombergNEF estimates that the global transition will require ~$173 trillion in energy supply and infrastructure investment over the… Continue Reading…

Economy

“Europe Faces Full Blown Energy Crisis As Gas Prices Smash All Records”

“Europe’s energy crisis got even worse on Tuesday as a shortage of natural gas, nuclear outages, declining wind power output, and cold weather boosted prices. The gas price at the Dutch TTF hub, the benchmark gas price for Europe, soared… Continue Reading…

Economy

“20% of Americans couldn’t pay their energy bill in the last year. How to keep costs down”

“…In the last year, about 20% of Americans struggled to pay their energy bill in full at least once, according to a study by Help Advisor. At the same time, 18% kept their house at a temperature that was either… Continue Reading…

Economy

“Saudi Arabia Warns Energy Transition Will Cause Oil-Price Spikes”

“Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energy prices… “We have very serious concerns that the world could run short of energy if we are… Continue Reading…