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Price at the Pump: Two Steps Forward, Three Steps Back
Price at the Pump: Two Steps Forward, Three Steps Back
Price at the Pump: Two Steps Forward, Three Steps Back
The seesaw action of oil prices continues, as West Texas and Brent traded slightly higher in Tuesday morning's action; $62 and $65 per barrel respectively.  Patrick DeHaan with Gasbuddy.com said oil prices remain challenged compared to where they started the year.   “...
Price At The Pump: Tariffs Not The Key Issue Driving Oil Prices
Price At The Pump: Tariffs Not The Key Issue Driving Oil Prices
Price At The Pump: Tariffs Not The Key Issue Driving Oil Prices
After months of turbulence, oil prices have been relatively quiet over the past week-plus, hovering around the low-$60 per barrel mark for West Texas Crude, and mid-$60s for Brent.  Patrick DeHaan with Gasbuddy.com says for the first time in months, tariffs and trade are not the issues impacting oil and fuel prices.  He said...
Price at the Pump: Issues Beyond Trade Pushing Oil Prices Lower
Price at the Pump: Issues Beyond Trade Pushing Oil Prices Lower
Price at the Pump: Issues Beyond Trade Pushing Oil Prices Lower
Turbulence continues to be the name of the game for oil investors.  West Texas Crude and Brent were trading down by roughly 2% in Monday’s action.  Patrick DeHaan with Gasbuddy.com said thanks to new developments over the past couple of days, it’s not just tariffs and trade wars impacting oil prices.   “Including the potenti...
Price At The Pump: Tariffs Remain The Main Driver Of Oil Prices
Price At The Pump: Tariffs Remain The Main Driver Of Oil Prices
Price At The Pump: Tariffs Remain The Main Driver Of Oil Prices
Iran, Venezuela, peace talks between Ukraine and Russia, and the struggling Chinese economy, there's lot for investors, specifically oil investors to focus on these days.  Patrick DeHaan with GasBuddy.com said that’s been the pattern for the oil community for the past two months.   “Essen...
Foreign Ownership of U.S. Ag Land Continues To Increase
Foreign Ownership of U.S. Ag Land Continues To Increase
Foreign Ownership of U.S. Ag Land Continues To Increase
The latest report on foreign ownership of U.S. ag land shows that 45.85 million acres of U.S. farmland were held by foreign investors in 2023.  That represents 3.61% of total privately held agricultural land in the U.S.  This marks a 1.58-million-acre (3....
Price at the Pump: Oil Prices Continue To Move Higher
Price at the Pump: Oil Prices Continue To Move Higher
Price at the Pump: Oil Prices Continue To Move Higher
For the second week of the new year, oil prices have moved higher.  Patrick DeHaan with GasBuddy.com said this most recent trend started last week.   “The Biden administration issuing harsher sanctions on shipping companies and vessels that would operate and take sanctioned crude oil from countries like Iran and Russia and deliver it to countries like China and India," DeHaan noted.  "Th
DeHaan: Oil Prices Dropping On Economic Weakness in China, Europe
DeHaan: Oil Prices Dropping On Economic Weakness in China, Europe
DeHaan: Oil Prices Dropping On Economic Weakness in China, Europe
After trading higher last week, thanks to Iran's attack on Israel, oil prices have fallen again.  In Monday’s trade, West Texas Crude was trading around $74 per barrel, while off from last week’s numbers, still higher than the prices we saw during most of September.  Patrick DeHaan with...

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