Tag: oil prices

Oil Prices Rise as Concerns About US Economy Persist

Oil prices rose during early Monday trading after a long streak of weekly declines, with the overall market sentiment expected to remain lukewarm due to worries about the state of the American economy. Brent crude oil prices were trading at $75.42 per barrel on Monday, as of 10:44 a.m. EST, up from its opening of $74.22. West Texas Intermediate (WTI) ...

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Newsom Grandstands on Oil Profits

Commentary You would think Gov. Gavin Newsom would be happy with higher gas prices at the pump, and the ensuing high oil company profits. The hits to consumers encourage people to buy the electric cars his 2020 executive order mandates for all new-vehicle sales by 2035. The order even explained at the time, “Clear policies such as the Governor’s Executive ...

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