Fitch Ratings placed the United States’ AAA credit rating on negative watch, citing the risk of a sovereign default as debt-ceiling talks near the early June deadline. “The Rating Watch Negative reflects increased political partisanship […]
Gas prices in both the United States and Europe hit new highs Wednesday, with average prices per gallon in California topping $6, compared to over $9 in Norway and Denmark as Russia’s war on Ukraine […]
Diesel prices have hit record highs due to very tight domestic inventories and a global supply shortage. A combination of spiking demand as the world recovers from Covid and falling supply due to Russia’s invasion […]
In my article earlier this week we covered more of the world’s geopolitical impact on the high oil and gas prices. If Russia invades, the pricing model supports $120 to $135 in the short run and […]
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