Articles by Ben Geman
Market watchers have come to grips with the likelihood that the status of the Strait of Hormuz and the number of barrels getting through will be messy for months to come.The big pic⦠[+2143 chars]
His appearances on Sunday political shows also comes as diesel prices, which ripple through the economy, are at all-time highs."I think prices headed downward is is not an unreasona⦠[+1555 chars]
Context: Brent crude's move above $90 a barrel its first since mid-June builds on last week's gains after the U.S.-Iran ceasefire deteriorated further, reducing tanker traffic through the Strait of HοΏ½...
Polling shows President Trump faces political blowback from prices at their highest levels in four years.The average U.S. price for regular gas hit $4.52 per gallon Sunday, per AAA, β¦ [+2061 chars]
U.S. retail prices are tethered to global oil markets that will be in turmoil for a while.The average U.S. price for regular gasoline was $4.54 per gallon on Wednesday, compared to j⦠[+2746 chars]
The longer oil transit remains throttled, the longer crude prices will remain high.That affects U.S. drivers, because the county is deeply tethered to the global oil market despite b⦠[+2437 chars]
Driving the news: Asked Sunday when Americans should expect gas under $3, Wright replied, "That could happen later this year. That might not happen until next year."
"But prices have likely β¦ [+895...
This disconnect can obscure how dire things are in the unprecedented energy shock that will take a long time to unwind.Zoom out: Futurescontracts are often traded among parties that⦠[+4027 chars]
New or faster efforts to swap hydrocarbon imports for homegrown electrons are something that analysts are increasingly watching as shortages bite.Threat level: "The inherent risk to⦠[+2667 chars]
Driving the news: The transaction includes "multiple gigawatts of energy and data center projects in development, or under construction" from Intersect's existing partnership with Google, they said.
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