Fuel prices are a problem for business and consumers – Why costs are so high:

Fuel prices are a problem for business and consumers – Why costs are so high:

A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan |: China News Service |: Getty Images: The surge in gasoline prices is impossible to miss and at the top of consumers’ minds as billboards announce that gas now costs $ 4, or $ 5, … Read more

Fuel is a problem for business and consumers – Why prices are so high:

Fuel prices are a problem for business and consumers – Why costs are so high:

A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan |: China News Service |: Getty Images: The surge in gasoline prices is impossible to miss and at the top of consumers’ minds as large billboards announce that gas now costs $ 4, or $ … Read more

Oil prices are surging – these eight stocks are still bargains for long-term investors:

Oil prices are surging – these eight stocks are still bargains for long-term investors:

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

Rolling blackouts? California prepares for energy shortfalls in hot, dry summer:

Rolling blackouts?  California prepares for energy shortfalls in hot, dry summer:

California likely will have an energy shortfall equivalent to what it takes to power about 1.3 million homes when use is at its peak during the hot and dry summer months, state officials said Friday. Threats from drought, extreme heat and wildfires, plus supply chain and regulatory issues hampering the solar industry will create challenges … Read more

Rolling blackouts? California prepares for energy shortfalls in hot, dry summer:

Rolling blackouts?  California prepares for energy shortfalls in hot, dry summer:

California likely will have an energy shortfall equivalent to what it takes to power about 1.3 million homes when use is at its peak during the hot and dry summer months, state officials said Friday. Threats from drought, extreme heat and wildfires, plus supply chain and regulatory issues hampering the solar industry will create challenges … Read more

Wall Street Is So Terrified, Stocks Might Be Ready to Rise:

Wall Street Is So Terrified, Stocks Might Be Ready to Rise:

Federal Reserve Chair Jerome Powell: Tom Williams-Pool / Getty Images: Text size: To paraphrase Monty Python, the stock market isn’t dead quite yet. Sure, it feels like the: S&P 500: has nowhere to go but down. The index dropped 4.9% last month, its worst April since 1970, and sentiment toward stocks remains terrible, with only … Read more

The Universe Could Start Shrinking ‘Remarkably’ Soon, Scientists Say:

The Universe Could Start Shrinking ‘Remarkably’ Soon, Scientists Say:

After nearly 13.8 billion years of nonstop expansion, the Universe could soon grind to a standstill, then slowly start to contract, new research published in the journal Proceedings of the National Academy of Sciences: suggests. In the new paper, three scientists attempt to model the nature of dark energy – a mysterious force that seems … Read more

Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash:

Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash:

Big oil companies are continuing to reap the benefits of high commodity prices but aren’t backing off plans to reward investors while keeping production roughly flat. Exxon XOM: -2.24% Mobil Corp. said Friday it collected $ 5.5 billion in first-quarter profit, more than double the same period last year. The US oil giant said it … Read more