Tag: commodities
Oil Companies Lock in Drilling, Thwarting Biden on Climate
(Associated Press) In the closing months of the Trump administration, energy companies stockpiled enough drilling permits for western public lands to keep...
Losses Mount for Oil Companies as Pandemic Grips Economy
(Associated Press) Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity.
Three Unstoppable Forces Set to Drive Silver Prices
(Stefan Gleason, Money Metals News Service) The threat of economically crippling lockdowns, the promise of unending monetary stimulus, and the uncertainty of game-changing...
Wholesale Prices Up 0.4% in September as Food Costs Surge
(Associated Press) U.S. wholesale prices jumped 0.4% in September as food costs rose by the largest amount since May.
Massive Damage of Rare Plants Probed at Nevada Mine Site
(Associated Press) State and federal authorities are investigating the mysterious loss of a significant swath of a rare desert wildflower that's being...
Billionaire Hedge Fund Manager Warns of 10% Inflation
(Money Metals Exchange) Billionaire hedge fund manager Stanley Druckenmiller is worried that the U.S. dollar will lose purchasing...
A Biden Presidency Would Have Extreme Consequences for America’s Energy Industry
(Power the Future) Presidential nominee Joe Biden is no moderate when it comes to energy policy. Power the Future recently released a study on...
Oil Industry Assesses Damages at Refineries
(Associated Press) The energy industry is assessing damages caused by storm surges and high winds as Hurricane Laura cut a dangerous path...
Insider Q&A: More Oil and Gas Bankruptcies Coming
(Associated Press) Bankruptcies in the U.S. oil patch are on the rise after the global pandemic decimated demand. But shale companies were...
Spiking Cost of Gasoline Pushes June Consumer Prices Up 0.6%
(Associated Press) U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting...
