Tag: OPEC
OPEC+ Reiterates Original Guidance
Crude oil prices are on the rise in the first two trading days of 2022. An OPEC+ press release was released on January 4, 2022, with oil production guidance for the start of the new year. Many believed leading up to the press release that the guidance would remain the same and there would be […]
Rising Gas Prices Squeeze Americans at the Pump
If you’ve filled your gas tank recently, you’ve probably noticed the rising gas prices at the pump. The increasing cost has become such a concern for the federal government that they are considering releasing 35 million barrels over time from the Strategic Petroleum Reserve. In November, gas prices skyrocketed to a 7-year high and reached a national […]