Taxes paid by oil companies account for 90 percent of the state’s operating budget, and those revenues have sunk with stomach-churning suddenness and depth.

Topics:  oil   
BING NEWS:
  • Why Oil Prices Have Been Rising Recently
    In the United States, higher gasoline prices during the summer driving season would also be unwelcome for the Biden administration, which faces a difficult election in November. The average price ...
    04/8/2024 - 1:00 pm | View Link
  • Oil price surge is the No. 1 threat to the US economy, Moody’s economist warns
    Consumer spending is strong. And the economy is growing at a brisk pace. US oil prices are rapidly approaching $90 a barrel. Global oil prices are flirting with $92 a barrel amid worries about a ...
    04/7/2024 - 11:00 pm | View Link
  • The Odds of $100 Oil Are Rising as Supply Shocks Convulse the Market
    When oil jumped above $90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger. But the rally’s foundations went deeper — to global supply shocks that ...
    04/7/2024 - 3:00 am | View Link
  • Crude oil prices reach highest since October as energy stocks lead market
    The year-to-date rise in oil prices comes amid rising tensions in the Middle East, drone attacks against Russian refineries, and expectations that OPEC+ will maintain its production cuts at least ...
    04/1/2024 - 1:00 pm | View Link
  • Crude oil prices today: WTI prices are up 12.94% YTD
    WTI futures traded at $82.94 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 12.94%. Brent futures traded around $87.21/bbl, an increase of 1.77% in the last 24 hours. Year to date ...
    03/28/2024 - 12:12 am | View Link
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