Refining Margins for Valero (VLO) and Tesoro (TSO) Looking Better for Q1
Real-time Monetary Inflation (last 12 months): 5.0%Consumers have little sympathy for oil companies. A lot of the ill will stems from the sheer size of their earnings figures. In a word, huge. Peel...
View ArticleCan The U.S. Consumer Handle High Oil Prices?
While the cheerleaders on the cable financial news networks are shaking their pom-poms and jumping out of their seats about the recent stock market rally oil prices have surged higher over the past...
View ArticleCould High Oil Prices Could Cause A Repeat Of 2008?
In July 2008, WTI crude traded as high as $147.00 a barrel. This high price of crude at that time was straw that broke the camels back. Many traders and investors believe that the bankruptcy of Lehman...
View Article$100 Oil Will Eventually Hurt The U.S. Economy Again
WTI oil has now traded above $90.00 a barrel since late October 2011. While high energy prices used to signal global economic demand and strength; it is still a direct tax on consumers. These days high...
View ArticleHigh Gasoline Prices Will Come Back To Haunt Us
While many people are rejoicing over the recent inflation rally they may want to look at the price of gasoline. The United States Gasoline Fund (NYSEARCA:UGA) has surged higher with the stock market...
View ArticleGasoline On Fire
This morning, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by 0.45 cents to $55.50 a share. This tells us that gasoline prices at the pump are going to be higher if you have not...
View ArticleGasoline Remains On Fire
This morning, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by 0.08 cents to $57.19 a share. The UGA is just $1.00 shy of last weeks 52 week high of $58.16 a share. Short term...
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