Americans are eating, smoking and drinking away their savings from cheap gasoline, and if that’s not great news for their doctors it’s handing windfall revenue to companies from Monster Beverage Corp. to tobacco giant Altria Group Inc.
Picture this.
You’re driving down the road and you notice your tank is almost empty — time to fill up. Read more →
If low oil prices are a gift to U.S. consumers, why isn’t the U.S. economy growing faster?
Some analysts say the tensions in the Middle East are more likely to prompt the Saudis and Iranians to boost output in an already saturated global market.
The effects of the fall in the oil price are still only beginning to work through. All we have seen so far is the prologue to what are likely to be more dramatic events in 2016.
Two years before the release of Tesla’s long-awaited $35,000 Model 3, Tesla finds itself at another crossroads that may threaten the company’s welfare.
Oil prices could break below $20 this year as tensions rise between Iran and Saudi Arabia, two of the world’s largest oil players, Again Capital founding partner John Kilduff said Monday.
Oil prices rose sharply on Monday before reversing course amid a growing sectarian conflict between Saudi Arabia and Iran.
Americans love choice. Whether it’s deciding what kind of car we drive, what type of food we eat for dinner, or which smartphone we use, there’s an abundance of choices. In fact, our country was even built on the premise of being able to choose what religion you practiced.
Plunging oil prices that may bring U.S. holiday travelers $1.6 billion in fuel savings remain a mixed bag in Houston, which will share in that gift even as forecasts portend a bleak Christmas and uncertain New Year for the city’s oil industry.
