A J.P. Morgan analyst predicts that by August, American drivers will be paying $6.20 per gallon average for gasoline.
We need more refining capacity now, which means we needed more refinery investment five to ten years ago.
The spread between diesel and gasoline has reached record highs, which is more concerning than the price of diesel on its own.
Managers of non-ESG funds should stick to the task set for them by their clients and not try to decide what is good or bad for society.
In a competitive market economy, events in an industry can turn from good to bad at the drop of a hat. We might be seeing that right now with trucking.
Unilever’s shares have underperformed ‘despite’ its ESG approach. Gee, that’s a mystery.
The problem for politicians is that they want to take credit when prices move down and blame everyone else when prices move up.