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Your Pet Or Car? When Times Got Rough, Consumers Made A Tough Choice This Summer
Monday, August 15, 2022 - 4:37pm | 460Freshpet Inc’s (NASDAQ: FRPT) second-quarter earnings report offered great insight into the current macroeconomic trends currently affecting the pockets of Americans. The seller of refrigerated fresh pet food missed on both the top and bottom lines, reporting losses of $20.6 million...
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It's OK To Fill Up The Tank Now: Gas Prices Fall For 56 Days In A Row, Contribute To Overall CPI Data
Wednesday, August 10, 2022 - 3:17pm | 328According to data from the U.S. Department of Labor issued on Wednesday, consumer price index (CPI) topline inflation remained flat — although it showed an 8.5% increase from one year ago. What Happened: Core prices increased at a 0.3% annual rate in July and 5.9% over the previous 12 months...
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Gas Prices Fall For 50 Straight Days, Approach $4 Per Gallon: Which States Have The Cheapest Gas?
Wednesday, August 3, 2022 - 12:50pm | 391Some believe the psychological level in gas price, for now, is $3.99 per gallon — and it seems that’s where it could be headed. According to GasBuddy statistics, the nation's average gas price has decreased for the seventh consecutive week, down 15.9 cents from a...
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Elon Musk Says This Battery Metal Is The New Oil: But Should The Vehicle Connoisseur Take His Foot Off The Accelerator?
Saturday, July 30, 2022 - 11:12am | 623Albemarle Corporation (NYSE: ALB) and a number of other stocks in the lithium sector gained ground recently, not only because the S&P 500 experienced a bullish reaction to the release of the Federal Reserve's monthly minutes, where the Fed raised the benchmark interest rate by 0.75% for a...
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Excited? Gas Prices Dropped 35 Days In A Row And May Hit This Number In Less Than A Month
Wednesday, July 20, 2022 - 12:38pm | 437The national average price of gas is on a steady decline, falling for 35 days in a row. What Happened: With data collated from more than 11 million individual price reports spanning over 150,000 gas stations nationwide, GasBuddy reported that prices have decreased by 20.66 cents from one...
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Why Halliburton's CEO Expects Greater Demand For Oil Drilling In Domestic, International Markets
Tuesday, July 19, 2022 - 4:25pm | 411Halliburton Company (NYSE: HAL) is expecting multiple years of growth in domestic and international demand for oil drilling, according to According to a Reuters report. The oil company posted a 41% sequential increase in second-quarter profit. Why Miller Says Oil Demand Will...
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Gas $3.99 Or Less A Gallon? GasBuddy Has Found Thousands of Gas Stations Doing This (For Now)
Thursday, July 7, 2022 - 3:05pm | 462On Thursday, 2,535 gas stations in the U.S. were pricing $3.99 or less a gallon, according to GasBuddy, the most popular crowdsourced app that tracks real-time fuel prices at more than 140,000 gas stations in the U.S., Canada and Australia. What Happened: However, relief at the pump might...
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Oil Stocks Drop As Biden Pushes For Gas Tax Holiday
Wednesday, June 22, 2022 - 12:28pm | 470Oil stocks were on the move Wednesday as crude oil prices pulled back from recent highs and U.S. President Joe Biden said he will push for a suspension of the federal gasoline tax. WTI crude oil prices dropped 3.4% to around $105.70 per barrel on Wednesday morning, sending the United States...
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Why Exxon Mobil Looks Set For All-Time Highs As Gas Prices Soar
Tuesday, June 7, 2022 - 5:49pm | 593Exxon Mobil Corp (NYSE: XOM) was shooting up more than 4% higher on Tuesday after two analysts raised their price targets on the stock. The energy sector has enjoyed a bull market recently while the general markets have experienced a great deal of volatility, with the S&P entering...
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You Ask, We Analyze: The Bull And Bear Case For Camber Energy
Friday, May 20, 2022 - 12:17pm | 718On Thursday evening, Benzinga asked its followers on Twitter Inc (NYSE: TWTR) what they were buying at the open on Friday. From the replies, Benzinga selected one ticker for technical analysis. @JeridFruge, @wolfhunter1450, @Aaron_529 and @ger2619 is buying Camber Energy Inc (ARCA: CEI)....
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Why Airplane Ticket Prices Are Flying High, While Your Wallet Might Be Grounded
Tuesday, May 3, 2022 - 10:35am | 693If you think filling your car’s gas tank is expensive, how about filling the tanks for a Boeing Co (NYSE: BA) 737-800? A 737-800 has a fuel capacity of 6,875 gallons and as of April 25, according to the U.S. Gulf Coast Jet Fuel Spot price, jet fuel costs $4.27 a gallon, holding steady between...
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10 States Where Gas Costs The Most
Monday, May 2, 2022 - 6:17pm | 414The effects of the Russia-Ukraine war are still sending ripples globally, even with crude oil prices falling $19 off the early March highs of $123 per barrel. In an effort to help lower fuel prices, U.S. President Joe Biden recently announced the use of E15, a type of gasoline that uses a...
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Oil Stock Momentum Shifting From E&Ps To Refiners: What Company Is BofA Securities' Top Pick?
Thursday, April 14, 2022 - 3:18pm | 372The U.S. refiners, rather than E&Ps, is where there is the “greatest potential for continued absolute outperformance,” according to BofA Securities. The Oil & Gas Analyst: Doug Leggate named Valero Energy Corporation (NYSE: VLO) as the top pick among refining stocks. The Oil...
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What Camber Energy Investors Should Watch For As Volatility Increases
Thursday, April 14, 2022 - 11:04am | 549Camber Energy Inc (AMEX: CEI) was trading slightly higher in the premarket on Thursday after soaring almost 20% intraday on Wednesday amid a spike in crude oil prices. The energy sector has seen increased volatility following Russia’s invasion of Ukraine, as traders and investors attempt to...
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Gas To Bitcoin? Inside Exxon Mobil's Pilot Program To Power Cryptocurrency Mining
Thursday, March 24, 2022 - 5:32pm | 438The leading oil producer in the U.S. is exploring using excess natural gas for cryptocurrency mining. Here’s the latest. What Happened: A pilot program was launched by Exxon Mobil Corp (NYSE: XOM) in January 2021. The company is running it in North Dakota using excess natural gas to...