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Young: Prolonged War Will Lead to High Gas Prices
Bloomberg Television· 2026-03-03 13:37
You've written in your most recent article that if the goal of these attacks and we're talking about the Iranian attacks here, if the goal of these attacks was to move the states to push the US and Israel to conclude their attacks on Iran, the opposite has occurred. Unpack that for us, please. Thank you, Jumana.Yeah. I think what we're seeing now is is a more resolute and unified Gulf stance stance similar to what we saw last June. But this is much more serious.It's much more severe because so immediately a ...
X @Watcher.Guru
Watcher.Guru· 2026-03-02 21:39
JUST IN: 🇺🇸 Average US gas prices rise to $3 for the first time since November 2025. https://t.co/6IS7vnf2KN ...
How the US-Iran conflict could affect your gas prices. ⛽️
Yahoo Finance· 2026-03-02 18:39
You could see higher prices at the pump as soon as today. Let's break down how the attacks on Iran are driving prices higher. Experts like Patrick Dhan are predicting that prices could increase anywhere from 10 cents to 30 cents over the next week alone.And prices at some individual gas stations could even see a jump as much as 85 cents in the case that maybe they had previously lowered prices and now they need to catch up. What exactly is the key driver of this. Less tankers are going through the street of ...
X @Nick Szabo
Nick Szabo· 2026-03-02 08:51
RT Clash Report (@clashreport)After strikes in Iran, European gas prices have risen by more than 22%.Source: AFP ...
Oil and gas prices expected to surge after U.S. attack on Iran
NBC News· 2026-03-02 01:02
Watching the markets tonight with oil prices now surging after the attack. Christine Romans is monitoring this for us. Christine, what are we seeing.>> Yeah, big reaction so far here, Hie. Oil prices surging as world markets are getting their first chance to react to those strikes on Iran. What happens in this region of course is critical for the price of oil around the world.Iran is an oil producer, a big oil producer, but because of punishing sanctions, most of its oil goes to China. But more importantly ...
RGC Resources, Inc. (RGCO) Q1 2026 Earnings Call Prepared Remarks Transcript
Seeking Alpha· 2026-02-10 15:44
Core Viewpoint - RGC Resources is presenting its financial results for the first quarter of the 2026 fiscal year, highlighting operational and financial performance along with future outlook [2]. Group 1: Presentation Overview - The presentation includes forecasts and projections regarding earnings, capital spending, and gas prices, emphasizing the importance of understanding risks and uncertainties associated with forward-looking statements [2]. - The agenda for the presentation includes a review of operational and financial highlights for the first quarter, followed by an outlook for the remainder of the 2026 fiscal year, with a focus on an eventful January [2]. Group 2: Participants - The presentation features key personnel from RGC Resources, including the Director of Finance, the President and CEO, the VP, Treasurer and CFO, and the Senior Vice President of Regulatory and External Affairs [1].
Costco quietly makes a major credit card change members love
Yahoo Finance· 2026-01-20 17:03
Core Insights - The article discusses the current state of gasoline prices in the U.S., highlighting a decrease compared to the previous year and the impact of tariffs and inflation on consumer behavior [4][5][10]. Gas Prices Overview - The average price per gallon of regular gas as of January 15 is $2.84, which is lower than the $3.08 average from the previous year [4][10]. - Gas prices typically decrease in January due to lower demand and the use of cheaper winter blend gasoline [5]. Demand and Supply Dynamics - Gasoline demand increased from 8.17 million barrels per day (b/d) to 8.30 million b/d during the week of January 15 [6]. - Total domestic gasoline supply rose from 242 million barrels to 251 million barrels, with production averaging 9.0 million barrels per day [6]. Consumer Sentiment and Behavior - A significant portion of Americans (69%) feel that gas prices are too high, and nearly 1 in 5 believe that high gas prices are a greater concern than food inflation [8]. - Over 80% of Americans prefer earning rewards on gas purchases over other travel-related purchases, indicating a strong demand for gas rewards programs [8]. - Approximately 48% of Americans state that tariffs on everyday goods will limit their driving [8].
Gold and silver prices break records, gas prices hit 4-year-low, why future rate cuts may be on hold
Yahoo Finance· 2025-12-23 16:12
Market Trends & Economic Indicators - Gold prices hit a record high, up 70% this year, with 50 record highs this year [1] - Copper prices also reached a record high, increasing by 30% this year, driven by AI data center usage [2] - US holiday retail spending increased by 42% year-over-year across all payment types [3] - Gas prices hit a 4-year low average nationwide ahead of the holiday travel rush [2] - Strong GDP print of 43% leads to uncertainty about future rate cuts [5] Fintech & Investment Opportunities - Fintech valuations are reflecting a negative scenario, potentially creating investment opportunities [9] - Consumer spending is supportive during the holiday season, impacting fintech [8] - Some fintech business models, like Block and PayPal, are seen as mature [11] - Dave, a neo bank providing short-term loans, shows promise in meeting consumer financial needs [12][13] Automotive Industry & Ford's Strategy - Ford's stock is up 36% year-to-date, despite a $195 billion charge tied to EV plans [30] - Ford CEO Jim Farley highlights a shortage of 400000 repair technicians across the economy, with 6000 bays in Ford dealerships without technicians [33][38] - Ford faces a $2 billion net tariff impact, hindering further US investments [49] - Ford acknowledges that customers are not interested in $75000 EVs and is shifting focus to more affordable EVs [53][54] AI & Technology - The market is pricing in tech and the S&P at 23%, but expectations are adjusted down to 18% [16][17] - Software names like Salesforce and Intuit may benefit from AI [17] - HUT 8's deal with Enthropic and Fluid Stack, backed by Google, indicates strong demand for AI infrastructure [22] - Service Now will acquire cyber security startup Armis in a $775 billion deal to expand its cyber security offerings amid the AI boom [28]