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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’...
DeHaan Fuel Prices Expected To Continue To Drop
DeHaan Fuel Prices Expected To Continue To Drop
DeHaan Fuel Prices Expected To Continue To Drop
Thanks to international issues and pressures, oil prices have been fairly volatile over the past couple of weeks.  Patrick DeHaan with GasBuddy said the price for a barrel of West Texas Crude fell last week, thanks to China’s zero COVID policy, which locked down the 2nd largest economy in the world.   Howeve...
Oil Prices Fall Amid Economic, Demand Concerns
Oil Prices Fall Amid Economic, Demand Concerns
Oil Prices Fall Amid Economic, Demand Concerns
"Oil prices this morning have plummeted down to about $75 a barrel the lowest level since Russia's invasion of Ukraine back in February that has pushed gasoline and diesel prices down," said Patrick DeHaan with GasBuddy.  He added fuel prices have tumbled considerably over the past couple of weeks, resulting in relief at the local station.  He said ther...
Oil Prices Rise, Fall Thanks to China
Oil Prices Rise, Fall Thanks to China
Oil Prices Rise, Fall Thanks to China
Oil prices fell on Monday, paring gains after rising to more than two-month highs, on mixed signals over China, the world's top crude importer, potentially relaxing its strict COVID-19 restrictions.  West Texas crude dropped to $91 per barrel at Monday’s close, after jumping up to over $93 at one point Monday; the highest West Texas price we’ve seen since August 30th.   Prices climb...
July Another Great Month For U.S. Beef
July Another Great Month For U.S. Beef
July Another Great Month For U.S. Beef
American beef exports again topped the $1 billion mark in July and posted the fifth-largest volume ever.  Meat Export Federation President and CEO Dan Halstrom said that was made possible by growth in several key markets.  Japan, he noted, was up 8%, China reported a 30% jump, and strong showings in other markets such as the Philippines as well as the Caribbean and Central America are all encourag
July Another Great Month For U.S. Beef
July Another Great Month For U.S. Beef
July Another Great Month For U.S. Beef
American beef exports again topped the $1 billion mark in July and posted the fifth-largest volume ever.  Meat Export Federation President and CEO Dan Halstrom said that was made possible by growth in several key markets.  Japan, he noted, was up 8%, China reported a 30% jump, and strong showings in other markets such as the Philippines as well as the Caribbean and Central America are all encourag

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