Could Gas Hit $5 A Gallon? It Sure Looks Like It!!!!!
By: Economic & Finance Report Gas prices is eclipsing higher and higher lately. It looks to be going towards $5/gallon. With all the turmoil that is going around the world,…
By: Economic & Finance Report Gas prices is eclipsing higher and higher lately. It looks to be going towards $5/gallon. With all the turmoil that is going around the world,…
By: Economic & Finance Report The profits from Aramco (Saudi Arabia’s natural gas and petroleum company) has been shifted to the PIF (Public Investment Fund). The shift of the funds…
Economic & Finance Report Oil had an impeccable rally Monday, June 21, 2021. The biggest rally since 2018. Many folks are associating the rally with presidential elections that took place…
1) Kelley Aerospace has officially launched the world’s first supersonic unmanned combat aerial vehicle (UCAV), called the ‘Arrow’. The drone is designed with a single shell of lightweight carbon fiber…
1) Oil and gas companies are bringing record level of debt to bankruptcy court, making this year the worst oil bust in decades. Companies have brought $89 billion dollars of…
1) Oil prices have crashed to an eighteen year low as coronavirus lockdowns cascaded through the world economies, which have drastically cut oil demand. The surplus in oil stocks is…
1) The KKR & Co. is offering a deal to take the drugstore giant Walgreens Boots Alliance private in what could be the biggest ever leveraged buyout. The New York…
1) The money-markets have about $3.4 trillion dollars invested, and the large pile of cash could push the already soaring markets higher. The money-markets have grown by $1 trillion dollars…
1) Royal Dutch Shell is building a 386 acre chemical plant to make bulk plastic. The construction project is one of the largest active construction projects in America employing over…
1) Demand for oil is shrinking as the trade war causes the world economies to retract. China’s economy is slowing faster than experts had expected, with the EU and US…