by | Mar 4, 2011 | Towing
As the crisis in Libya continues to shake world oil markets, many voices are calling for President Obama to tap into the Strategic Petroleum Reserve. With gasoline prices up 33 cents a gallon in the last month, that’s a temptin…
by | Mar 1, 2011 | Towing
Can you profit from the turmoil in the Middle East? Oil is now flirting around $100 a barrel and gold is continuing its upward trend. For investors, this could present an opportunity in oil and gold stocks. Here is the bull and bear take on three stocks that could rise on Mideast unrest.
Continue reading Face-Off on Stocks: Exxon Mobil, Chevron, Barrick Gold [Video]
Face-Off on Stocks: Exxon Mobil, Chevron, Barrick Gold [Video] originally appeared on DailyFinance on Tue, 01 Mar 2011 17:57:00.
Filed Under: Energy, Investing, Exxon Mobil, Stock Picks, Investing Basics, Video, Chevron
by | Mar 1, 2011 | Towing
The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news….
by | Mar 1, 2011 | Towing
It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the “cash f…
by | Mar 1, 2011 | Towing
Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy. And observe that the rising wages that have led to real overall cost rises in decades past are nowhere to…