Money & The Economy
Iran War Sends Gas Over $4.00 A Gallon
Gas surged to $4 a gallon on Tuesday amid the United States’ continued conflict with Iran.The national gas average spiked by over $1 in one month, according to AAA. Tuesday’s milestone price arrived after consistent…
Traders Made Hundreds Of Millions In Suspiciously Timed Iran Bets
Stock traders made oil bets totaling in the nine figures in a two-minute period just over a half hour before President Donald Trump revealed there had been “productive conversations” between the U.S. and Iran, the Financial…
US Gives OK To Buy Iranian Oil Already At Sea
The Trump administration temporarily lifted sanctions on Iranian oil Friday, allowing buyers to purchase shipments already at sea in a bid to ease soaring global energy prices.The U.S. Treasury authorized a temporary…
Russian Oil Poised To Flood World Markets As Trump Admin Lifts Sanctions
The Trump administration is lifting sanctions on Russian oil to counter Iran’s stranglehold on Middle Eastern energy.The U.S. began Operation Epic Fury on Feb. 28, killing Iranian Supreme Leader Khamanei and striking key…
Energy Secretary Chris Wright Says Trump Admin Has Trick Up Its Sleeve To Ease Oil Price Rise Amid Iran Conflict
Secretary of Energy Chris Wright stated during a “Meet The Press” interview Sunday that the U.S. is taking several actions — including increasing oil production in deep blue California — to mitigate rising fuel costs due to…
Americans Who Say Economy, Politics Rigged Against Them Even Higher Than Right After Great Recession, Poll Shows
Most Americans think the country’s economic and political systems are rigged against them — at levels greater than in several decades, according to an NBC News poll released Thursday.The new survey found that almost 6 in 10…
Newsom Pushes Refineries Out Of California, Blames Trump For High Gas Prices
Amid increased gas prices nationwide since the U.S. attacked Iran, Newsom is weighing a bill that could drive out the few remaining refineries in California.The California Air Resources Board proposed sweeping amendments…
Brit Hume Explains Rising Oil Prices Despite Iran’s Weakened Military
Fox News chief political analyst Brit Hume said Monday that the recent jump in oil prices stems more from uncertainty in global shipping markets than from Iran’s remaining military capability.Brent crude, the global benchmark…
California Drivers Hit With Over 50-Cent Gas Price Spike In A Week
California gas prices have sharply increased since Operation Epic Fury began, with some drivers seeing jumps of over 50 cents per gallon compared to last week.The Golden State’s gas prices have consistently run well above the…
US Economy Could Be In Dire Straits As Hormuz Slams Shut
Pain at the pump is here, and it could be here to stay.Brent crude, the oil blend that sets worldwide prices, has jumped 24% to over $90 a barrel since Operation Epic Fury began. The highest Brent price of Trump’s second term…
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