RichC | April 23, 2022
As the Fed finally starts to deal with inflation, the market took note this month and seems to be selling off across the board. The expectation is that the economy will slow and as they say in the investing world, “don’t fight the Fed.” There isn’t a silver bullet that can keep businesses booming, paychecks […]
Category: Financial, News, Politics |
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Tags: crude, economy, federal reserve, inflation, oil, recession
RichC | May 24, 2019
The political tension around the globe, along with the trade battle between the United States and China, have put a damper on what was a relatively good economy here in the U.S. Add to those challenging international negotiations, the deepening divide between many Democrats still seeking to impeach President Trump in control of Congress are […]
Category: Energy, Financial, News, Politics |
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Tags: crude, economy, Financial, investing, oil, Politics, retirement, savings, stock market, trump, wti
RichC | November 23, 2018
Even as someone who watches markets and oil, the precipitous drop in price over the past month has been shocking. Most observers expected the increased inventory to cause the price per barrel to drop a bit, just as it has in the past when oil is stored in surplus, but a $20/barrel collapse in 1 […]
Category: Business, Energy, Financial, News |
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Tags: crude, energy, Financial, nytimes, oil
RichC | February 9, 2018
With the rapid drop in oil prices, and equal "10% correction" in the overall stock market, will improving wages offset by falling commodities (oil) cause the Federal Reserve rethink their concern that inflation is picking up? Current thoughts were that we could see three quarter point rate hikes in 2018 if the economy continues to […]
Category: Energy, Financial |
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Tags: chart, crude, economy, federal reserve, finance, interest rates, investing, oil, policy, stocks
RichC | June 20, 2017
Traders of oil are bearish as the previous climb above $50/barrel could not hold under the pressure of global oversupply. For those of us who remember the doom and gloom of “peak oil,” paying $4+ per gallon at the pump and jumping on the alternative fuel bandwagon … it is hard to fathom that we’re […]
Category: Energy, Financial |
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Tags: chevron, crude, exxon, marathon, oil
RichC | December 29, 2014
As the year draws to a close, we can be thankful for economic boost coming from cheaper gasoline. The chart above show just how rapid the decline in the price of Crude Oil changed. It illustrates the unbelievable shift in the cost of energy for all of us. It is partially due to demand, but […]
Category: Automotive, Energy, Financial |
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Tags: crude, economy, energy, finance, fuel, oil
RichC | December 15, 2014
Wow! … I’ve watched oil continuing to dip lower on Monday afternoon (WTI $55.40/barrel) and this rapid drop in recent weeks has “for some reason” caused equities to sell off. Normally one would see lower oil prices as a good thing for the stock market since it makes goods and products less expensive and gives […]
Category: Energy, Financial |
1 Comment
Tags: crude, oil, petroleum, stock market
RichC | December 1, 2014
Last week oil prices hit multi-year lows after the Organization of the Petroleum Countries (OPEC) decided to maintain their current production rate. This indicated that they are either comfortable with the current price of oil or more than likely want to force producing areas with a higher cost per barrel to stop exploration, drilling and […]
Category: Energy, Environment, Financial |
1 Comment
Tags: cnbc, crude, oil, opec, petroleum