Biden Plays The ‘Squid Game’ With The Energy Industry

SEOUL, SOUTH KOREA – OCTOBER 26: Younghee, the giant robot doll from “Squid Game”, is exhibited at … [+] the Olympic Park on October 26, 2021, in Seoul, South Korea. (Photo by ...

Why Are Oil Prices Down and Gas Prices Up?

Gasoline prices continue to set records even as oil prices are beginning to slip back from their recent highs, leaving many drivers frustrated and perplexed. The American Automobile Association report...

OpenSea Docks At Seaport To Lower Gas Fees

The leading NFT marketplace has announced that it is moving to the Seaport blockchain, a new web3 marketplace protocol designed for safely and efficiently trading NFTs.  OpenSea Shifts From Wyvern To ...

As Gas Prices Soar, Biden’s Bended-Knee Tour Of OPEC Nations Continues

Russian President Vladimir Putin (L) shakes hands with Saudi Deputy Crown Prince Mohammed bin Salman … [+] during a meeting at the Kremlin in Moscow on May 30, 2017. / AFP PHOTO / POOL / Pavel G...

Russia Steps Up Energy Wars With Gas Cuts to Europe’s Top Buyers

(Bloomberg) — Russia stepped up the use of energy as a weapon by further cutting natural gas shipments via its biggest pipeline to Europe, prompting Germany to accuse the Kremlin of trying to dr...

Natural gas price: after the dramatic plummet, where to next?

Natural gas price has paused on its downtrend after its dramatic plunge on Tuesday. An update regarding the temporary closure of the Freeport LNG facility was largely behind the day’s decline of close...

Sanctions On Russian Oil And Gas Didn’t Work, And Now We Know Why.

Russian President Vladimir Putin chairs a meeting with members of the Russian government via … [+] teleconference in Moscow on March 10, 2022. SPUTNIK/AFP via Getty Images The Russian war on Ukr...

Natural gas plummets as Freeport delays facility restart following explosion

Smoke billows from the Freeport LNG plant in Quintana, Texas, U.S., June 8, 2022, in this still image obtained from a social media video on June 9, 2022.  Maribel Hill | Reuters Natural gas prices plu...

IRS boosts mileage rate deductions as gas prices soar to $5 a gallon

Guy Benhamou sends a picture of gas prices to friends while pumping gas at an Exxon Mobil gas station on June 9, 2022 in Houston. Brandon Bell | Getty Images If you’re self-employed or own a sma...

Gas prices are so high they’re making governments suspicious — Quartz

Governments are slashing gasoline levies to bring prices down. So why are customers paying record prices to fuel up? In Germany and the UK, fuel companies are facing new government inquiries to determ...

Why there’s no relief in sight for soaring oil and gas prices

Everybody’s frustrated. If somebody could do something about it, it would be done. But oil and gasoline prices are on a tear that for the time being seems unstoppable. U.S. gasoline prices have hit $5...

Gas prices over $5 a gallon isn’t the stock market’s only problem

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, June 13, 2022 Today’s newsletter is ...

Stocks Plunge, Week Ahead, Tesla, Gas, Bitcoin – 5 Things To Know

Here are five things you must know for Monday, June 13: 1. — Stock Futures Tumble As Recession Alarm Flashes Red U.S. equity futures plunged lower Monday, while Treasury bond yields surged to th...

Schlumberger, Shell, SunRun, and 3 Other Energy Stocks to Consider in a Hot Market

Two years ago, oil companies were global pariahs, banished not only from the high-minded peaks of Davos but also from lowly index funds. Energy’s weight in the S&P 500 fell below 2%, an astonishin...

U.S. gas prices average hits $5 as summer of pain sets in

Gas prices topped $5 a gallon nationwide as of Saturday, according to the latest price data from AAA, and the sharp rise in recent months is not showing signs of slowing. The national average for a ga...

Why This Oil Analyst Says Gas Prices May Head Even Higher, And What Will Bring Them Back Down

Matt Smith is the Lead Oil Analyst at Kpler, which is a leading provider of intelligence solutions for commodity markets. Benzinga had the opportunity to interview Smith and ask some questions regardi...

Costco’s Cheap Gas Prices Are a Big Hit

Costco Wholesale is doing a booming business in gasoline by offering its members material savings that one Wall Street analyst has put at 37 cents a gallon. This comes at a time when prices have soare...

Rising loan rates, gas prices ‘a real problem for auto demand’: Analyst

On Friday, new inflation data revealed that it’s still getting more expensive for Americans to buy cars, with prices of new and used vehicles spiking 12.6% and 16.1%, respectively, in the past y...

Dan Yergin Talks Oil, Gas, Putin, And Living His Book, ‘The New Map’

Dan Yergin, vice chairman of S&P Global, during a Bloomberg Television interview on day three of the … [+] World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, May 25, 2022. Photo...

As U.S. Gas Prices Top $5, Here Are The States Where It’s Most Expensive And Cheapest

Topline AAA reported the average price for a gallon of regular gasoline in the U.S. surpassed $5 on Saturday, marking the first time the unwanted milestone has been reached in the history of its indus...

Exxon May Be Making ‘More Than God.’ But Apple and Alphabet Are More Profitable.

Text size President Biden, who his hurting politically due to high inflation, took a swipe at industry leader Exxon Mobil on Friday. Brandon Bell/Getty Images Exxon Mobil may be making “more than God ...

6 Energy Stocks to Consider in a Hot Market

Two years ago, oil companies were global pariahs, banished not only from the high-minded peaks of Davos but also from lowly index funds. Energy’s weight in the S&P 500 fell below 2%, an astonishin...

Biden—Amid Soaring Gas Prices—Wants ‘Reset’ Of Rocky Relationship With Saudis, Report Claims

Topline President Joe Biden hopes to entirely recalibrate relations between the U.S. and Saudi Arabia, CNN reported Friday, a major policy reversal for Biden—who said on the campaign trail he hoped to...

Inflation Unexpectedly Spiked 8.6% In May—Hitting 40-Year High As Gas Prices Surge Again

Topline Consumer prices rose 8.6% in the 12 months ending in May, unexpectedly returning to record levels—and climbing at the quickest pace in four decades—amid an unprecedented surge in gas prices. A...

Biden Administration Plan To Juice EV Charging Network Aimed At Emulating Gas Station Experience

An Electric Vehicle charging station in Monterey Park, California on May 18, 2021. – (Photo by … [+] Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images) AFP via Gett...

Oil-stock trade is ‘too obvious,’ says this fund manager, who expects a pullback in prices

(Updates original story with Tuttle’s purchase of additional shares of OXY in last paragraph.) Investors’ memories can be short. The same can be said for those of stock traders. Matthew Tuttle sees th...

U.S. gas prices hit a record high of $5 per gallon fueled by summer travels

The cost of gas in the United States continues to skyrocket amid an increase in demand fueled by summer travels and pressure on the national reserves.  As of June 9, the cost per gallon surpassed an a...

Fire at Key US Gas Export Terminal a Blow for Fuel-Starved World

(Bloomberg) — An explosion at a Texas liquefied natural gas plant that promises to reduce exports for weeks, lowering prices for the fuel in the US while boosting them in Europe. Most Read from ...

Fire Knocks Out Billionaire-Owned Natural Gas Export Plant In Texas, Nation’s Second-Biggest

Michael S. Smith of Freeport LNG, March 2021. Matthew Mahon/The Forbes Collection A fire Tueday at Freeport LNG, near Galveston, Texas, has knocked out America’s second-largest liquefied natural gas e...

Altria Stock Gets Downgraded by Morgan Stanley. Gas Prices Are Partly to Blame.

Text size Analyst Pamela Kaufman lowered her price target to $50 from $54. Illustration by Joel Arbaje Altria Group stock fell Wednesday after Morgan Stanley warned of increasing headwinds to the ciga...

$72M Illuvium NFT Land Dutch auction saves buyers thousands on gas fees

Open-world blockchain game Illuvium managed to keep the average transaction fee for its nonfungible token (NFT) Land at about $20 by holding a Dutch auction on the Illuvium X layer-2 scaling solution....

Exxon Mobil Shares Hit All-Time High As Oil And Gas Prices Keep Surging With No End In Sight

Topline Shares of energy giant Exxon Mobil surged to a new all-time high on Wednesday, continuing a stellar run this year on the back of rising oil and gas prices, which analysts warn could remain ele...