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BIZARRE: 4 - What They Never Told You

Infamous LA gas station stun patrons by charging $8.71 a gallon: ‘I hate coming here’

The gas station is charging almost $3 more than the LA average

The Independent UK

3 Top Strait of Hormuz Stocks, and How the FCC is Boosting SpaceX

Our senior market strategist unpacks the investing opportunities behind this week’s big headlines, including the SpaceX IPO and the Strait of Hormuz slowdown.

Barchart

What Would Have Been Justice Scalia's Legacy If He Survived Into The Trump Presidency?

Richard Re poses thought provoking questions about a Scalia counterfactual on Earth 2.0.

Reason

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read the most diverse news in one place.

Energy Stocks Surge on Oil Spike: Buy, Hold, or Take Profits?

Energy stocks are rallying amid geopolitical tensions and rising oil prices, but investors must decide whether to stay invested or lock in gains.

MarketBeat

As the Oil Shock Sends Energy Stocks Soaring, Buy These 3 Now

Oil prices spike on ongoing war concerns, sending energy stocks into rally mode. However, a long-term outlook is vital.

Barchart

Climate Activists Confront Iran War Profiteering at Big Oil Confab in Houston

Meanwhile, the U.S. energy secretary tries to soothe an anxious American oil industry, urging them to ramp up production amid shock to global markets.

Texas Observer

Chevron's CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not 'fully priced in'

“Physical supply changes don’t respond immediately,” said Wirth. “Even when strait reopens at some point, it will take time.”

Fortune

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'Climate gaslighting': How fossil fuel giants have quietly abandoned their net zero pledges

A new analysis warns that some of the world’s biggest fossil fuel companies have entered a ‘gaslighting’ phase to bolster their profits.

Euronews

Exxon vs. Chevron: Which Energy Giant Will Pay You for Generations as Oil Prices Surge?

Iran tensions and higher oil prices are putting Exxon Mobil and Chevron in focus, but only one looks like the stronger dividend stock today.

Barchart

A chilling report tracking stock portfolios indicates a deeper connection between Trump and his DHS pick

Mullin's millions!

We Got This Covered

Former Chevron Executive Reportedly Warned CIA That Forceful Regime Change In Venezuela Could Result in 'Another Iraq'

Ali Moshiri, a longtime Chevron executive who oversaw the company's operations in Venezuela, warned the CIA that attempting to replace the country's leadership with the democratic opposition could produce instability similar to the aftermath of the Iraq war, according to a new report.

Latin Times

Trump pick to replace Kristi Noem bought Chevron stock days before Trump’s Venezuela attack: report

The former MMA fighter reported buying shares in the only major U.S. gas company producing in Venezuela five days before Trump removed its leader, Nicolás Maduro

The Independent UK

Oil company shares soar to all-time highs as Middle East war turbocharges price per barrel

Energy supply shock from US-Israeli attack on Iran fuels record valuations for Shell, ExxonMobil and Chevron

The Guardian - UK

Gas prices are soaring – but one Los Angeles gas station is taking it to the extreme

A Chevron station just outside downtown charges more than $8 a gallon – nearly $3 more than the city’s average

The Guardian - US

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news in one place.

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GOBankingRates

5 Warren Buffett-Inspired Investments To Recession-Proof Your Retirement

Here are five Warren Buffett-inspired investments to help safeguard your wealth and ensure financial peace of mind.

International Business Times UK

Chevron Fined $1M Over Clean Air Act Breach, Millions in Renewable Fuel Credits Scrapped

Chevron agrees to pay a $1M penalty after violating the Clean Air Act's Renewable Fuel Standard by generating invalid renewable fuel credits, the DOJ says.

MarketBeat

Chevron Hits New Highs Due to Oil's Rally, But Is It Sustainable?

Chevron has hit record highs thanks to soaring oil prices, but easing tensions or government intervention could quickly take the steam out of the rally.

Latin Times

Venezuela Scrambles to Lure Oil Experts Back Home as U.S. Pushes to Revive Industry: 'We're Already in a War for Talent'

Venezuela's effort to revive its oil industry faces a critical obstacle: a shortage of skilled workers after decades of economic collapse and political turmoil drove thousands of engineers, geologists and technicians abroad, a new report details.

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news in one place.

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Fortune

Exxon, Chevron, and other US oil and gas producers and refiners hit all-time-high stock values amid Iran war while consumers pay the price

The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.

Barchart

Why the Smart Money May Be Abandoning the Bull Case for Chevron Stock

While the Iran conflict potentially offers cynical opportunities, the big surge in CVX stock and other integrated oil giants could be due for a correction.

The Guardian - US

California gas prices rise above $5 a gallon amid US war with Iran

West coast state’s average cost per gallon has climbed $0.55 since the conflict in Middle East began over a week ago

MarketBeat

5 High-Yield Stocks That Could Help Cushion Market Volatility

Rising geopolitical tensions and crude oil prices above $100 have reignited inflation concerns, pushing investors to consider defensive portfolio positioning.

Barchart

If Oil Is at a Peak, Does Shorting Chevron Puts and Calls Make Sense?

Covered calls at the $200 strike for Chevron stock, 5.3% higher, yields 2.1% in one month. Moreover, the 10% higher CVX call strike price yields 1.0% over one month. It may make sense for investors to short OTM puts and calls.

Barchart

As Crude Oil Prices Spike Amid U.S.-Iran Conflict, Warren Buffett Once Warned that the Government Is ‘Exceptional’ at ‘Printing Money and Creating Promises’ But Can’t ‘Print Gold or Create Oil’

Warren Buffett's past comments can provide insight into the current environment of surging oil prices in the wake of the U.S.-Iran war. Here's what the Oracle has had to say.

MarketBeat

Chaos & Crude: 3 Energy Stocks Built to Thrive in This Market

The global footprints of Exxon Mobil and Chevron offer stability, while a strategic reset and strong backing position Occidental Petroleum for upside.

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