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DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
Oil prices climbed slightly over the past two weeks following the news that Russia is going to trim oil production in the months ahead.  Patrick DeHaan with GasBuddy said while Russian oil is facing sanctions because of the invasion of Ukraine, that does not mean this production cut won’t impact international prices.   “Much ...
Foreign Ownership Of U.S. Farmland Becomes A New Concern
Foreign Ownership Of U.S. Farmland Becomes A New Concern
Foreign Ownership Of U.S. Farmland Becomes A New Concern
First, it was a competition issue, but recently, foreign ownership of U.S. farmland, especially by China, has become a U.S. national security issue.  With that Chinese spy balloon spotted over Montana, the U.S. Air Force is now warning, proposed Chinese land buys in North Dakota are too close to a military drone testing facility.  Io...
Newhouse, Others Look To Prevent China From Purchasing Farmland
Newhouse, Others Look To Prevent China From Purchasing Farmland
Newhouse, Others Look To Prevent China From Purchasing Farmland
On Thursday, Representative Dan Newhouse and his House colleagues introduced the Prohibition of Agricultural Land for the People’s Republic of China Act.  Supporter say the legislation would prohibit the purchase of public or private agricultural land in the United States by foreign nationals associated with the Government of the People’s Republic of China.   "The Ch...
Oil Prices Continue To Move Higher
Oil Prices Continue To Move Higher
Oil Prices Continue To Move Higher
Oil prices continue the march higher we’ve seen through the first three weeks of 2023.  West Texas Crude was up slightly in Monday’s trade, around $81 per barrel.  Patrick DeHaan with Gasbuddy said there are several issues pushing oil prices higher, and tops on that list, China.   “Reopening its economy, the...
DeHaan Expects Fuel Prices To Climb
DeHaan Expects Fuel Prices To Climb
DeHaan Expects Fuel Prices To Climb
Oil prices started the new year moving up slightly.  West Texas rose roughly 3% in Monday’s trade to $76 per barrel.  Patrick DeHaan with GasBuddy said it's been a bumpy start to the year.   “Oil prices still a bit lower than what they were a week ago, but oil prices in full rally mode today with China giving us strong indication of a full reopening happening.”   DeHaan said investors don’... Read
Will Fuel Prices Continue To Fall Into 2023?
Will Fuel Prices Continue To Fall Into 2023?
Will Fuel Prices Continue To Fall Into 2023?
Consumers enjoyed a bit of relief at both the gas and diesel pump to wrap up 2022.  Fuel prices started to fall in some locations in early November, and continued through December, thanks to dropping oil prices, and economic uncertainty both in the U.S., but a...
News From China Pushes Oil Prices Higher
News From China Pushes Oil Prices Higher
News From China Pushes Oil Prices Higher
Oil prices have inched a little higher in the past week, rebounding from the lowest prices we’ve seen in roughly a year.  A barrel of West Texas was up roughly $2 in Monday’s trade, hovering around $75.  And while that is higher week-over-week, Patrick DeHaan with GasBuddy noted that’s still one of the lowest prices we’ve seen in 2022.  DeHaan noted the recent swing higher in o...
China Weighing On The Mind Of Oil Investors
China Weighing On The Mind Of Oil Investors
China Weighing On The Mind Of Oil Investors
West Texas Crude traded around $71 per barrel in last week’s trade, the lowest level we’ve seen in roughly a year.  Patrick DeHaan with GasBuddy said the economic uncertainty that has pushed oil prices lower for the past two-plus months continues to weigh on the minds of investors.  He said while there’...

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