Gasoline’s Strength Helps Oil Recover
Bloomberg reported that strong gasoline prices in the United States are helping oil bounce back from yesterday's drop.
Bloomberg reported that strong gasoline prices in the United States are helping oil bounce back from yesterday's drop.
Reuters reports that due to gas prices fewer American with hit the road this holiday weekend, while more will fly to their destination.
Despite the volatility involved in investing in commodities and the energy market, the United States Gasoline Fund has recently proven adept at tracking gasoline prices.
Washingtonpost reports that gas prices are certain to be the highest in three years.
Think of how your day would go if you couldn’t use the internal combustion engine, plastic, most electricity, the products of commercial agriculture or anything that has traveled by ship.
Hydrocarbons are the sine qua non of modern life. A short thought experiment illustrates the point rather well. Think of how your day would go if you couldn’t use the internal combustion engine, plastic, most electricity, the products of commercial agriculture or anything that has traveled by ship. If you pay even tangential attention to the [...]
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