Thursday, January 14, 2016
It’s no secret that recently gas prices have taken a tumble. Now no one is complaining about having to pay less at the pump, but if you are wondering why prices are as low as they are,...
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Friday, October 16, 2015
A market component driving down oil prices may surprise many privy to the market. An inordinate number of oil producing countries aren’t responding to the market climate and continuing production as normal. This despite the plummeting price of the resource thanks to...
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Monday, October 05, 2015
OPEC has much less to do with the oil market than most might realize. OPEC's problem is it let prices stay as high as they did for so long. This allowed new competition to the market from outside its cartel, namely from US oil ...
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Monday, October 05, 2015
Vladimir Putin’s order to begin bombing targets in Syria this week has reminded the world not much has changed in Moscow. But on the same token, it has leaders wondering exactly what Russia’s ultimate strategic goal is with the aggression in Syria. ...
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Tuesday, June 02, 2015
U.S. crude was up from $49.21 a barrel in April to $61.01 due in great part to a weaker dollar. In conjunction with the weaker dollar, the Saudis disclosed they...
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Wednesday, February 04, 2015
Dropping gas prices are keeping drivers smiling. But the real impact from plummeting gas prices has everything to with dropping oil prices. Every time oil prices significantly drop for an extended period of time, production will subsequently wane. As...
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