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The U.S. and Israeli war with Iran begins its second week with worry about rising oil prices and volatile financial markets. Plus, signs point to Russia providing intelligence to Iran, and Iran chooses the son of Ayatollah Ali Khamenei to be its new leader. Learn more about your ad choices. Visit megaphone.fm/adchoices
U.S. Gasoline Prices, Rising Again, Hit $3.48 a Gallon
U.S. Gasoline Prices, Rising Again, Hit $3.48 a Gallon
HEADLINE: Gasoline Price Spike in Lancaster County, PennsylvaniaGUEST: Jim McTague Gasoline prices in Lancaster County, Pennsylvania, rose 40.3 cents in a single week to an average of $3.48 per gallon. The region is heavily dependent on vehicles and agriculture, meaning these rising costs significantly impact residents and farmers preparing for the season. High state and federal taxes totaling 76 cents per gallon exacerbate the burden, while global threats to energy fields due to ongoing war keep prices volatile. (4)1945
PREVIEW FOR LATER TODAY Guest: Elizabeth Peek. Peek argues that the recent drop in gasoline prices to an average of $2.80 acts as a major tax cut for American consumers. She notes that unlike the anger caused by $5-a-gallon gas under previous leadership, the current retreat in oil prices is significantly benefiting the driving public.1920 LANGLEY AERODROME WASHIGTON DC.
How will the national news headlines affect the gas prices down the street? We get some answers from Moneytracker Don Grant.
SHOW1-14-251671 Guests: Elizabeth Peek and John Batchelor. Batchelor and Peek discuss inflation holding firm at 2.7% in December. They evaluate falling gasoline prices and strong holiday retail performance as indicators of improving consumer sentiment. Peek also critiques a DOJ investigation into Jerome Powell, labeling it an "unforced error" that might inadvertently extend Powell's tenure. Guest: Elizabeth Peek. This segment addresses political dissent in Minnesota following a tragedy involving an ICE agent. Peek argues that liberal activists are nationalizing the incident to demonize law enforcement. She views this as partisan positioning for the midterms, intended as a weapon to be used against President Trump. Guests: Judy Dempsey and Thaddeus Matter. Dempsey explains that the EU lacks a cohesive strategy for Irandespite a consensus on increasing sanctions. Regarding Ukraine, she highlights staggering divisions among European states as the U.S. withdraws military help. Dempsey notes a ceasefire remains unlikely because Russiacurrently has no interest in negotiations. Guests: Judy Dempsey and Thaddeus Matter. The discussion focuses on Chancellor Friedrich Merz's efforts to address immigration to counter the populist AfD party. Dempsey explores the nuances of refugee integration into the German workforce. Finally, she reports European "horror" at potential U.S. moves to annex Greenland, which could threaten the survival of NATO. Guest: Joseph Sternberg. China faces a "sluggish zombie economy" characterized by a burst property bubble and anemic consumption. Sternberg warns of "Japanification," where growth remains stagnant for decades. Beijingstruggles with price deflation, further burdening a heavily indebted economy. Meaningful recovery requires political reforms Xi Jinping resists. Guest: Joseph Sternberg. President Trump is reportedly using an investigation into Fed Chairman Jerome Powell as a pretext to influence interest rate decisions. Sternberg notes that while central banks like the Bank of England strive for independence, they are increasingly politicized. Additionally, Western media outlets like the BBC initially faced criticism for slow coverage of Iranian massacre 7Guest: Jonathan Schanzer. Intense protests in Iran, sparked by decades of mismanagement, have led to a violent crackdown by the regime. Schanzer highlights that these demonstrations are uniquely supported by President Trump's rhetoric. Reza Pahlavi has emerged as a potential figurehead for a transitional government or constitutional monarchy, as the population remains largely pro-Western.8 Guest: Jonathan Schanzer. Syria's new central government remains extremely fragile, with authority barely extending beyond Damascus as factions clash in Aleppo. Schanzer describes a "Sunni jihadist regime" facing retribution from sectarian minorities. Meanwhile, regional tensions escalate as Israel and Iran reportedly narrowly avoided direct conflict, prompting Russia to evacuate its embassy. Guest: Dr. Brenda Shaffer. Iran is a multi-ethnic state where Persians constitute less than 40% of the population. Shaffer explains that while current protests are Persian-led, the regime's survival often depends on the participation of ethnic minorities like Azerbaijanis, Kurds, and Baluch. These groups frequently engage in direct retribution against security forces. Guest: General Blaine Holt (retired). Holt discusses potential U.S. intervention to support Iranian protesters, emphasizing strikes on command nodes rather than ground troops. While the U.S. maintains air superiority, putting special operators on the ground carries high risk. The Iranian people face a critical window of days to succeed before facing stunning reprisals. Guest: Brandon Weichert. Iranian protesters face a brutal regime that may utilize a "Samson Option," firing all missiles at Israel if the government falls. Weichert notes that while the Israelis and CIA have covert assets on the ground, the protest movement lacks a cohesive leader. Proposals for restoring the Pahlavi dynasty are criticized as an impractical solution. Guest: Brandon Weichert. Turmoil in Iran threatens China's energy security, as Beijing receives roughly 70-80% of Iranian oil. Weichert suggests Russia and China are using the crisis to test anti-Starlink technologies. Furthermore, the regime might import foreign terrorists to suppress domestic dissent, while the U.S. provides behind-the-scenes support to the movement. Guest: Gregory Copley. Iran's collapse could dismantle the "International North-South Transport Corridor," a vital trade route for Russia and India. Copley argues that the Iranian public is increasingly secular, with the youth rejecting clerical authority. While the regime may fire remaining missiles in desperation, a post-clerical Irancould ignite Central Asian economic potential. Guest: Gregory Copley. Although the U.S. promises help, Copley warns that a ground invasion is physically difficult and historically unsuccessful. There are signs that Iranian police and some Revolutionary Guard units are refusing to fire on protesters. Ultimately, the Iranian people must take ownership of the revolution to ensure the legitimacy of any successor government. Guest: Gregory Copley. Following the arrest of Maduro, Venezuela is controlled by four competing "crime families." Copley notes the absence of a clear U.S. plan for citizens facing food and medical insecurity. The U.S.seeks to enforce an oil embargo against Cuba, which is currently suffering from infrastructure collapse and electric grid failures. Guest: Gregory Copley. Reza Pahlavi proposes a constitutional monarchy where the crown serves as a symbolic figurehead, similar to the British system. Copley highlights Pahlavi's unique name recognition and legitimacy as the former crown prince. However, air power alone cannot decisively change the situation on the ground, requiring covert support after the clerics collapse.
SHOW SCHEDULE1-13-251868 PUBLISHER'S ROW NYC Guests: Elizabeth Peek and John Batchelor. Batchelor and Peek discuss inflation holding firm at 2.7% in December. They evaluate falling gasoline prices and strong holiday retail performance as indicators of improving consumer sentiment. Peek also critiques a DOJ investigation into Jerome Powell, labeling it an "unforced error" that might inadvertently extend Powell's tenure. Guest: Elizabeth Peek. This segment addresses political dissent in Minnesota following a tragedy involving an ICE agent. Peek argues that liberal activists are nationalizing the incident to demonize law enforcement. She views this as partisan positioning for the midterms, intended as a weapon to be used against President Trump. Guests: Judy Dempsey and Thaddeus Matter. Dempsey explains that the EU lacks a cohesive strategy for Irandespite a consensus on increasing sanctions. Regarding Ukraine, she highlights staggering divisions among European states as the U.S. withdraws military help. Dempsey notes a ceasefire remains unlikely because Russiacurrently has no interest in negotiations. Guests: Judy Dempsey and Thaddeus Matter. The discussion focuses on Chancellor Friedrich Merz's efforts to address immigration to counter the populist AfD party. Dempsey explores the nuances of refugee integration into the German workforce. Finally, she reports European "horror" at potential U.S. moves to annex Greenland, which could threaten the survival of NATO. Guest: Joseph Sternberg. China faces a "sluggish zombie economy" characterized by a burst property bubble and anemic consumption. Sternberg warns of "Japanification," where growth remains stagnant for decades. Beijingstruggles with price deflation, further burdening a heavily indebted economy. Meaningful recovery requires political reforms Xi Jinping resists. Guest: Joseph Sternberg. President Trump is reportedly using an investigation into Fed Chairman Jerome Powell as a pretext to influence interest rate decisions. Sternberg notes that while central banks like the Bank of England strive for independence, they are increasingly politicized. Additionally, Western media outlets like the BBC initially faced criticism for slow coverage of Iranian massacres. Guest: Jonathan Schanzer. Intense protests in Iran, sparked by decades of mismanagement, have led to a violent crackdown by the regime. Schanzer highlights that these demonstrations are uniquely supported by President Trump's rhetoric. Reza Pahlavi has emerged as a potential figurehead for a transitional government or constitutional monarchy, as the population remains largely pro-Western. Guest: Jonathan Schanzer. Syria's new central government remains extremely fragile, with authority barely extending beyond Damascus as factions clash in Aleppo. Schanzer describes a "Sunni jihadist regime" facing retribution from sectarian minorities. Meanwhile, regional tensions escalate as Israel and Iran reportedly narrowly avoided direct conflict, prompting Russia to evacuate its embassy. Guest: Dr. Brenda Shaffer. Iran is a multi-ethnic state where Persians constitute less than 40% of the population. Shaffer explains that while current protests are Persian-led, the regime's survival often depends on the participation of ethnic minorities like Azerbaijanis, Kurds, and Baluch. These groups frequently engage in direct retribution against security forces. Guest: General Blaine Holt (retired). Holt discusses potential U.S. intervention to support Iranian protesters, emphasizing strikes on command nodes rather than ground troops. While the U.S. maintains air superiority, putting special operators on the ground carries high risk. The Iranian people face a critical window of days to succeed before facing stunning reprisals. Guest: Brandon Weichert. Iranian protesters face a brutal regime that may utilize a "Samson Option," firing all missiles at Israel if the government falls. Weichert notes that while the Israelis and CIA have covert assets on the ground, the protest movement lacks a cohesive leader. Proposals for restoring the Pahlavi dynasty are criticized as an impractical solution. Guest: Brandon Weichert. Turmoil in Iran threatens China's energy security, as Beijing receives roughly 70-80% of Iranian oil. Weichert suggests Russia and China are using the crisis to test anti-Starlink technologies. Furthermore, the regime might import foreign terrorists to suppress domestic dissent, while the U.S. provides behind-the-scenes support to the movement. Guest: Gregory Copley. Iran's collapse could dismantle the "International North-South Transport Corridor," a vital trade route for Russia and India. Copley argues that the Iranian public is increasingly secular, with the youth rejecting clerical authority. While the regime may fire remaining missiles in desperation, a post-clerical Irancould ignite Central Asian economic potential. Guest: Gregory Copley. Although the U.S. promises help, Copley warns that a ground invasion is physically difficult and historically unsuccessful. There are signs that Iranian police and some Revolutionary Guard units are refusing to fire on protesters. Ultimately, the Iranian people must take ownership of the revolution to ensure the legitimacy of any successor government. Guest: Gregory Copley. Following the arrest of Maduro, Venezuela is controlled by four competing "crime families." Copley notes the absence of a clear U.S. plan for citizens facing food and medical insecurity. The U.S.seeks to enforce an oil embargo against Cuba, which is currently suffering from infrastructure collapse and electric grid failures. Guest: Gregory Copley. Reza Pahlavi proposes a constitutional monarchy where the crown serves as a symbolic figurehead, similar to the British system. Copley highlights Pahlavi's unique name recognition and legitimacy as the former crown prince. However, air power alone cannot decisively change the situation on the ground, requiring covert support after the clerics collapse.
Guests: Elizabeth Peek and John Batchelor. Batchelor and Peek discuss inflation holding firm at 2.7% in December. They evaluate falling gasoline prices and strong holiday retail performance as indicators of improving consumer sentiment. Peek also critiques a DOJ investigation into Jerome Powell, labeling it an "unforced error" that might inadvertently extend Powell's tenure.FEDERAL RESERVE BOARD 1917
Patrick De Haan of Gas Buddy joined 980 CFPL's Mike Stubbs to discuss events in Venezuala, Venezuelan oil quality and whether we could see any impacts on gasoline prices.
REGISTER HERE for the live VictorAI demonstration.On today's show we are talking about something that has happened in the macro economy that is not getting much attention. But first, I'd like to invite you to a live demonstration of our new custom language model which we are affectionately calling VictorAI. This is our own custom language model which is built on top of ChatGPT. We trained VictorAI with the contents of the Real Estate Espresso podcast and my book Magnetic Capital. It's the difference between going to a family doctor versus going to a specialist. The specialist is always going to give you a more precise answer. Click on the link in the show notes and we will talk to you on December 16. On today's show we are talking about something that has happened in the macro economy that is not getting much attention. You have probably noticed that prices at the gasoline pump have been falling. That is usually welcome news for consumers. Politicians will probably be quick to take credit for this. Prices in the oil futures market are set by a combination of supply and demand. The futures price for crude oil is what gets the most attention. Today the WTI intermediate price for January delivery is $57.44 per barrel compared with $72 at the start of this year. Whenever something happens you have ask yourself whether you are looking at the cause or the effect. Falling prices at the pump are effect and not cause. The cause is further upstream in the economy. Falling gasoline consumption reflects falling demand which reflects economic weakness. You're not going to get any politician to come out an use the word recession. That's going to guarantee a loss during the midterm elections which are now only a year away. Instead, they will trumpet a victory of lower gasoline prices at the pump which are helping ordinary households. The American consumer has suffered very real loss of purchasing power since the pandemic. Most of this has been the result of the handling of the pandemic and the government response to the pandemic. Labor shortages in the wake of the pandemic did not translate into greater purchasing power for the average consumer. -------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613) Website: [www.victorjm.com](http://www.victorjm.com) LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce) YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734) Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com) Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)
PREVIEW — Jeff Bliss — California Gas Prices and Regulatory Constraints. Bliss reports that while national average gasoline prices are declining due to demand weakness and ample supply, California gasoline prices remain persistently elevated, frequently exceeding $5.00 per gallon due to state-specific regulatory frameworks and the systematic closure of petroleum refineries reducing processing capacity. Bliss warns that energy market experts project California gasoline prices could catastrophically escalate to approximately $12.00 per gallon, a devastating potential price increase for a state economy structurally dependent upon private automobile transportation and individual vehicle ownership for employment, commerce, and daily economic activity.
Greg Belfrage gives his final thoughts on the day's news including Caroline Levitt, the strikes on Narco Terrorist groups, Admiral Bradley and Pete Hegseth. Greg also touches on the economy and gas prices. He also goes over the issue of republicans quitting congress. See omnystudio.com/listener for privacy information.
Hour 2 - Supply abundance, decrease in demand, and another factor are reasons why at least one expert is predicting a slight decrease in short term gas prices.
Japanese Prime Minister Shigeru Ishiba plans to launch a new program next month to reduce gasoline prices by 10 yen per liter, in response to U.S. President Donald Trump's tariff measures and the rising cost of living, informed sources said Tuesday.
The secretaries-general of Japan's ruling parties and the opposition Democratic Party for the People agreed on Friday to lower gasoline prices in June to help cushion the impact of higher inflation.
CEO of Albertsons-owned Cerberus Capital Management leaves the board for a post in the Trump administration. Garrison's Convenience Stores purchases The Hitchin' Post. And the price of gasoline is up.
The threat of tariffs on Canada's trade with the United States continues to be top of mind, with Alberta's Premier, Danielle Smith, recently returning from Mar-a-Lago after meeting with President-elect Donald Trump over the weekend.This week on the podcast, our guest is Marcus Rocque, Vice President at the ARC Energy Research Institute. Marcus joins Jackie and Peter in discussing the potential for Canadian oil and gas tariffs and the possible market implications. They review Canada's trade surplus with the United States, which is smaller than Donald Trump often claims, and whether the trade surplus is the only motivation for his threats to Canada. Next, they consider the amount of oil and natural gas Canada sends to the United States and the US's ability to substitute some of this consumption with alternative supply. Finally, they consider how the tariffs could impact US consumers and Canadian oil and gas producers.Content referenced in this podcast:Polymarket: “Will Trump impose 25% tariff on Mexico/Canada?” Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify
Larry Kudlow: A Trump win will bring lower food and gasoline prices
Larry Kudlow: A Trump win will bring lower food and gasoline prices Learn more about your ad choices. Visit megaphone.fm/adchoices
California gasoline prices are notoriously volatile, and state's lawmakers are taking notice. California's Senate is considering a bill proposed by Governor Gavin Newsom that would require state refiners to increase gasoline inventories and would also give the state additional control over refinery maintenance programs. How much does California's boutique blend play into the state's high gasoline prices? What is the plan for fuel storage in the state amid the energy transition? Will California become even more dependent on fuel imports as refining capacity continues to shrink? Jeff Mower, director of Americas Oil news, discusses with refined products news editor Janet McGurty, refined products price editor Zoe Vastakis, and refining analyst Matthew Gordon. Links: Los Angeles CARBOB vs NYMEX AANVX00 Chicago RBOB vs NYMEX AANY102
The grocery industry carries a negative overtone with U.S. consumers, Gallup says. Retail gasoline prices fell to $3.30 per gallon. And Town Pump Convenience Stores opened a new convenience store and gas station in Bozeman, Montana.
The U.S. average retail gasoline price has dropped. Maverik has rebranded 27 stores in Colorado Springs since its acquisition of Kum & Go. And a farm bill passed by the House Agriculture Committee would lead to up to $30 billion in Supplemental Nutrition Assistance Program (SNAP) benefit cuts.
Nvidia's ascent provided upward momentum for the Tech Heavy Index in an otherwise lackluster trading day, Gasoline Prices in California Are Sky High, More on Rob's Pints and Portfolios Saturday June 22 in San Mateo
Nvidia's ascent provided upward momentum for the Tech Heavy Index in an otherwise lackluster trading day, Gasoline Prices in California Are Sky High, More on Rob's Pints and Portfolios Saturday June 22 in San MateoSee omnystudio.com/listener for privacy information.
For the first time since the end of 2023, the national average retail gasoline price is down. Instacart is working with NBCUniversal to bring product ads to its streaming service. And Pilot is giving away energy drinks, pizza and more to service members for Military Appreciation Month. Enter into CSP's 2024 Retailer's Choice, Best New Products contest here: https://www.surveymonkey.com/r/24BNPC
Sprouts Farmers Market has settled a federal sexual harassment and retaliation charge. The national average retail price of regular-grade gasoline added another dime in the past two weeks. And Costco drivers in Washington are unionizing.
With the recent inflation data, can we say that the Fed has stopped raising rates? How will this affect the economy if this is to happen? What's next for the stock market for the remainder of the year?In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group dive into inflation, the Federal Reserve, and the stock market. They explore the recent inflation data and its implications for the Fed. Additionally, they touch on the potential catalysts for a year-end market rally and the current state of credit spreads in the market.Ryan and Sonu discuss: The inflation data and how it confirms the belief that the Fed is done with rate hikesThe positive impact of lower inflation on small cap stocksWhy small caps and midcaps are performing well due to expectations of lower interest ratesA potential year-end rallyHow rising interest rates negatively affected stocksThe potential positive effects of lower interest rates on mortgage rates and housing activityOptimism about opportunities in the marketAnd more!Resources:Any questions about the show? Send it to us! We'd love to hear from you! factsvsfeelings@carsongroup.com Connect with Ryan Detrick: LinkedIn: Ryan DetrickConnect with Sonu Varghese: LinkedIn: Sonu Varghese
Iron Ore News: Insights on the 24% Rebound since August and Projected Market Outlook Welcome back to another episode of Freight Up! in which we're this week discussing the rebound of iron ore and what the future holds for this trend. Plus, we'll take a look at the recent drop in the handy seven TC index and its implications. Also, Archie Smith will be with us as usual to gives us an update on the current state of the oil market amid the ongoing Gaza strip crisis. So sit back, relax, and get ready for another jam-packed episode of Freight Up! Oh, and please don't forget to follow us on Apple Podcasts and Spotify, and leave us a review on your favourite podcast app. We make this easy for you to do on our website at freightuppodcast.com. Your feedback makes a difference. Now, let's get the show on the road! Summary of this episode: Fuel Market - Chinese economic data affecting oil market - US government buying back Strategic Petroleum Reserve (SPR) oil - Impact of SPR buying on crude prices - Support for high sulfur fuel oil market - Potential easing of fuel markets due to diesel export ban discussions Iron Ore Market - Rebound in iron ore demand since August - Key drivers of iron ore rebound - Uncertain future of iron ore trend for the rest of the year - Factors to watch for in the coming week: treating volume of China domestic steels, maintenance in steel mills Freight Market - Positive trend in larger vessel sizes driven by rising iron ore demand and grain shipments - Outlook for Cape size, Panamax, and Supermax segments - FFA market indexes and their growth Here's the link to the FIS live app Timestamped summary of this episode: 00:32 Archie Smith begins his fuel oil market update. 03:36 US government plans to buy oil back. 09:02 Positive trends in iron ore demand, grain shipments. 12:35 Negative market index, limited trading activity. 16:31 Higher iron ore valuation expected, but volatile. 20:07 Monitor China's steel volume, winter impact. Please, seriously... do follow the show and leave us a review, via our website at freightuppodcast.com
In this episode, Tudor welcomes Larry Kudlow, former economic adviser to President Trump, to discuss the economic state under the Biden administration. Kudlow criticizes "Bidenomics," highlighting rising gas prices, increased consumer price index, and increased grocery prices. They discuss the impact of oil drilling on inflation and everyday costs, and the consequences of transitioning to renewable energy sources. They also express concerns about China's theft of intellectual property and the potential national security risks. The conversation includes concerns about President Biden's international handling, lack of business experience in his administration, and his decision to loosen sanctions on Iran. The Tudor Dixon Podcast is part of the Clay Travis & Buck Sexton Podcast Network - new episodes debut every Monday, Wednesday, & Friday. For more information visit TudorDixonPodcast.comFollow Clay & Buck on YouTube: https://www.youtube.com/c/clayandbuckSee omnystudio.com/listener for privacy information.
In this episode, Tudor welcomes Larry Kudlow, former economic adviser to President Trump, to discuss the economic state under the Biden administration. Kudlow criticizes "Bidenomics," highlighting rising gas prices, increased consumer price index, and increased grocery prices. They discuss the impact of oil drilling on inflation and everyday costs, and the consequences of transitioning to renewable energy sources. They also express concerns about China's theft of intellectual property and the potential national security risks. The conversation includes concerns about President Biden's international handling, lack of business experience in his administration, and his decision to loosen sanctions on Iran. The Tudor Dixon Podcast is part of the Clay Travis & Buck Sexton Podcast Network - new episodes debut every Monday, Wednesday, & Friday. For more information visit TudorDixonPodcast.comSee omnystudio.com/listener for privacy information.
In this episode, Tudor welcomes Larry Kudlow, former economic adviser to President Trump, to discuss the economic state under the Biden administration. Kudlow criticizes "Bidenomics," highlighting rising gas prices, increased consumer price index, and increased grocery prices. They discuss the impact of oil drilling on inflation and everyday costs, and the consequences of transitioning to renewable energy sources. They also express concerns about China's theft of intellectual property and the potential national security risks. The conversation includes concerns about President Biden's international handling, lack of business experience in his administration, and his decision to loosen sanctions on Iran. The Tudor Dixon Podcast is part of the Clay Travis & Buck Sexton Podcast Network - new episodes debut every Monday, Wednesday, & Friday. For more information visit TudorDixonPodcast.comSee omnystudio.com/listener for privacy information.
Uganda's gasoline prices are the highest they've been in 30 years — so it's a good time to promote e-mobility. In Kampala, motorbike taxis are being converted to battery-electric models. They're cheaper to operate and better for the environment.
In our news wrap Wednesday, inflation rose again in August fueled by higher gasoline prices, a federal judge ordered former President Trump's lawyers to use a secure facility to review evidence in his classified documents case, Sen. Mitt Romney will retire instead of run for re-election in 2024 and Ukraine staged a new attack in Russian-annexed Crimea damaging two warships and wounding 24 people. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
The Moneywise Show Wednesdau, September 6th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management instagram: MoneywiseWealthManagement linkedin: MoneywiseWealthManagement
Republicans are blaming the late-summer surge in gasoline prices on President Joe Biden's green agenda, even though U.S. oil production is on track to set a new record this year. POLITICO's Ben Lefebvre breaks down why prices are continuing to rise at the pump and how this trend could factor into the 2024 election. Plus, a new study found climate change was a major driver behind the wildfires that ripped across Quebec and blanketed toxic smoke over U.S. states earlier this summer. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Ben Lefebvre is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Alex Keeney is a senior audio producer at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.
Gas prices are on the rise nationwide due to oil production cuts, the extreme heat and strong fuel demand. POLITICO's Ben Lefebvre digs deeper into whether this trend might continue and how the Biden administration is responding. Plus, EPA proposed rejecting the state of Alabama's program to oversee the closure of coal ash ponds, landfills and other waste sites. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Annie Snider covers water issues for POLITICO. Ben Lefebvre is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Alex Keeney is a senior audio producer at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.
Forecasters predict a "near-normal" hurricane season in the Atlantic. But risks to gasoline, diesel, jet fuel and crude oil remain high: Last year's season was termed near normal but it featured one of the most devastating storms in history for the industry. Construction of refineries near coastlines has added to risks. Join OPIS Energy Insights with analysts Denton Cinquegrana and Tom Kloza to learn about what to expect.
Oil prices are rising as Saudi Arabia pledged more voluntary production cuts. OPEC+ extends the deal until 2024. Ellen Wald says that it seems like the unilateral 1M barrel per day cut came will provide baseline quotes that will take effect in 2024. Is the market ignoring this information? Wald states that this price bump is not likely to last very long and that gasoline prices may rise temporarily for Americans. Are new baseline quotas a positive for the market as they could alleviate volatility and bring transparency?
Anita Bonita has the afternoon's top local stories from the WCBS newsroom
A study by University of Michigan researchers found that about 90% of U.S. households would save money on fuel costs by owning an electric car rather than a gas-powered car. So apart from the environmental benefits of electric cars, there are real economic benefits as well. Both the price of gasoline and the price of […]
Worst London air pollution in six years as home fires burnhttps://www.theguardian.com/environment/2023/jan/27/worst-london-air-pollution-in-six-years-as-home-fires-burn- wood is a really dirty burning fuel- its expensive to pay for heating, people turning to fires, but this is actually a really high emission fuelNatural Gas Shortages Hit China as Temperatures Plungehttps://www.nytimes.com/2023/01/25/business/china-natural-gas-shortages.html- gas shortages mean that people only get a few hours of heat a day because the utilities just turn it off- this happens in the US too! People don't realize that don't have a guarantee of service despite paying their bills- propane tank/generators can be a backupWhy gas prices are surging this monthhttps://www.cnn.com/2023/01/27/business/gas-prices-increase-inflation/index.html- "Colorado's sole refinery, the Suncor refinery outside of Denver, was disrupted by freezing temperatures. When the refinery tried to restart, it suffered a fire and equipment got damaged."- Only having 1 refirey is a problem- no longer receiving massive injections of emergency oil from the Strategic Petroleum Reserve.- inventories for winter are low- EU doesn't have good inventories and this will hurt Northeast because they usually get a lot of products from Europe.- $4 gasoline could come by March instead of May.- Will consumers continue to spend or will they pull back with gasoline prices high?- but how much would demand actually be impacted by recession?New York Gasoline Shortage Brews on Fallout From EU's Russia Banhttps://www.bnnbloomberg.ca/new-york-gasoline-shortage-brews-on-fallout-from-eu-s-russia-ban-1.1876743German industry to pay 40% more for energy than pre-crisis - study sayshttps://www.reuters.com/business/energy/german-industry-pay-40-more-energy-than-pre-crisis-study-says-2023-01-30/- "German industry is set to pay about 40% more for energy in 2023 than in 2021, before the energy crisis triggered by Russia's invasion of Ukraine, a study by Allianz Trade"- The price increases will hit corporate profits across Europe by 1-1.5% and lead to lower investment- who is suffering more due to the Russia/Ukraine war - average consumer-wise. Are consumers in Russia or in the US suffering more inflationary impacts from the war?Analysis: India's rapid take-up of electric vehicles prompts rethink about long-term fuel needshttps://www.reuters.com/world/india/indias-ev-dawn-fans-expectations-fuel-demand-may-peak-early-2023-01-27/- question whether a rapid uptake in EVs initially is going to persist and going to translate to lower petroleum demand- also, the petroleum products tax - where will India get that revenue is everyone converts to EVs? will they transition it to power? how will they satisfy the demand for electricity. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit energyweek.substack.com
Oil prices moved higher as 2023 began. Will the price of crude oil return to triple digits? Are retail gasoline prices on a course toward $5 again? Denton Cinquegrana and Tom Kloza, senior oil analysts at OPIS, a Dow Jones energy data and analysis company, examine factors that will drive markets in this installment of OPIS Energy Insights on Barron's Live. Get OPIS' exclusive insight on what 2023 has in store for oil market trends: Bit.ly/opis2023outlook
They're up, they're down. They're up again. We're talking about gas prices. After months of decline, gas prices here rose as much as 17 cents a gallon from a week ago and 35 cents from a month ago. We hear from some experts about what's going on.
There's very little that any U.S. president can do to affect gas prices in the short term. Learn why in this episode of BrainStuff, based on this article: https://money.howstuffworks.com/president-gas-prices.htmSee omnystudio.com/listener for privacy information.
On today's show we are taking another look energy markets and how energy costs affect the price of virtually everything. I'm completely in favour of the idea of transitioning from burning oil, gas, biomass and coal to cleaner forms of energy. In the US there are still over 1,000 active coal mines. This is approximately half of the number of coal mines that were in operation in the year 2000. If you go back 15 years, western Europe produced more natural gas on the continent than was imported from Russia in 2021. They outlawed fracking, in order to help the environment and now find themselves having to buy natural gas from the US at a much higher price where fracking is the primary source of the natural gas. The energy security situation in Europe is a function of a series of policy decisions made over the past two decades, more than it's the fault of Russia or any one nation. Last week the OPEC+ cartel announced a 2M barrel per day reduction in production quotas. The reaction in the US was swift. Prices at the gas pump jumped almost immediately. Many in the media have misinterpreted the announcement to mean that there will be a reduction of 2M barrels per day of oil production. The OPEC members have done little to correct the public perception. The truth is, that the announcement was a reduction in production quotas, not production volumes. Even before the announcement, the OPEC+ member countries were producing 3.5M barrels per day less than the production quota. So in theory, a reduction in a quota would have no impact at all on the actual amount of oil being exported into world markets by OPEC+. You have to remember that OPEC+ includes Russia. --------------- Host: Victor Menasce email: podcast@victorjm.com
Meet-Up: https://www.eventbrite.com/e/robbiethefire-summer-porch-tour-fayetteville-ga-tickets-344219960167 Find Monica: monicasdeepdives.com twitter.com/MonicaPerezShow rokfin.com/propagandareport For full show notes visit: monicasdeepdives.com Learn more about your ad choices. Visit megaphone.fm/adchoices
A.M. Edition for June 21. In Virginia Beach, Va.—like many communities across the U.S.—high gasoline prices are causing sticker shock at the pump and constraining family budgets. WSJ audio reporter Daniella Cheslow visited the political battleground to learn how the issue could also sway opinions ahead of this year's closely watched midterm election. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Biden may remove another smog-related mandate to lower gasoline prices. Spirit Airlines CEO calls JetBlue offer “cynical” in scathing rebuke of unsolicited bid. Airbnb is closing its domestic business in China. Catch today's WSB article here. Learn more about your ad choices. Visit megaphone.fm/adchoices
Gas prices hit a record high this week with Americans seeing an average of $4.37 for a gallon of gasoline. President Biden has continued to place blame on Russian President Vladimir Putin and the invasion of Ukraine for the increase in oil prices as Russian oil has been off limits. Phil Flynn, Senior Market Analyst with Price Futures Group and FOX Business Contributor, joins the Rundown to break down the causes of gasoline price hikes, why the Strategic Petroleum Reserve isn't large enough to be a viable solution, and why it could take a recession for Americans to stop paying high prices at the pump. U.S. law enforcement has tightened security for Supreme Court justices following abortion rights activists protesting outside the homes of justices. The temperature of the abortion rights debate has risen in Washington as Democrats attempt to codify Roe v. Wade and Senate Minority Leader McConnell recently floated the possibility of a national abortion ban. Polling shows that many in the nation are divided on this issue, but could it swing voters this November? Tom Bevan is the co-founder and president of RealClearPolitics and he joins the podcast to breakdown the complicated aspects of the abortion rights issue and forecast its impact on the 2022 midterms. Plus, commentary by Fox Nation host Tammy Bruce. Learn more about your ad choices. Visit megaphone.fm/adchoices