Category

Oil

Oil

The TransCanada Keystone XL Pipeline Delay Story No One Is Telling You (NYSE: TRP)

The fate of the Keystone XL pipeline got even cloudier yesterday (Monday) when TransCanada Corp. (NYSE: TRP), the company that wants to build it, asked the U.S. Department of State to suspend its permit application.

But for all the fiery rhetoric in Washington, does the fate of the Keystone pipeline – one way or the other – make that much of a difference?

Most of what really matters rarely gets discussed. Here's what you need to know...

oil

Why WTI Crude Oil Prices Are Up 1.6% Today

WTI crude oil prices today jumped 1.6% as ongoing conflicts in Libya and Brazil caused a spike in global demand.

Despite shortages overseas, investors worry the growing U.S. supply glut will send prices lower over the long term.

But there are three ways you can make money no matter where prices move...

Oil

How the New Budget Deal Will Affect the Oil Market

The House of Representatives just voted to approve a budget deal to raise the U.S. debt ceiling.

And buried in this last-minute accord designed to save us from another government shutdown is a provision to sell oil from the Strategic Petroleum Reserve (SPR).

Why is the United States going to put this oil up for sale now, when domestic producers are under pressure - and how will this impact the oil market?

Energy

How to Play the Latest Dip in Oil and Natural Gas Prices

Here in the energy sector, the other shoe has just dropped. Natural gas prices have now declined to their lowest point since 2012.

But in any shakeout like the one under way, there are always investment opportunities.

And I’ve identified two specific ways you can profit despite the lows we’re seeing right now for oil and gas.

Here’s my take on what’s affecting the markets today… and the two ways to play the current low prices to your advantage…

oil

WTI Crude Oil Prices Today Surge 6% After Fed Interest Rate Decision

WTI crude oil prices surged today after the U.S. Federal Reserve decided to keep interest rates unchanged.

Despite today's gains, oil prices still have a long way to go as companies continue to drown in debt.

But there's a certain type of company you can profit from during this low price environment...

oil

WTI Crude Oil Prices Today Continue Two-Week Losing Streak

WTI crude oil prices today headed 0.6% lower as the international benchmark falls deeper into a two-week slump.

The decline in oil prices today comes before the start of the U.S. Federal Reserve meeting.

But there's a bigger geopolitical event that could have long-term effects on oil's movement...

oil

5 Surprising Ways Oil Prices Affect Our Everyday Lives

The effects of oil prices are more far-reaching than most people realize.

That's because petroleum permeates nearly every corner of our economy.

For example, just recently it was revealed that low oil prices were going to hurt elderly Americans in particular. Last week, the federal government announced it will not increase the cost of living adjustment (COLA) for fiscal 2016 due to low gas prices.

Here are four other less-considered ways the price of oil impacts our lives...

oil

Why WTI Crude Oil Prices Are Down Today

WTI crude oil prices fell for the second straight day ahead of tomorrow's OPEC meeting and today's expiration for November futures contracts.

But there's a much larger producer prepping for an OPEC meeting soon.

Here's everything you need to know about where prices are headed this year...

oil

WTI Crude Oil Prices Today Down as U.S. Supply Hits 80-Year High

WTI crude oil prices today fell lower following bearish supply data from the U.S. Energy Information Administration.

Yesterday, the agency reported U.S. oil inventories grew by 7.6 million barrels last week.

But there's one event at the end of October that could reduce output and boost prices into 2016...

Retirement

Your Social Security Benefits Are About to Suffer from Low Oil Prices

For the third time in five years, there will be no Social Security benefits increase for the next fiscal year. And there's a reason for this stagnation…

Oil prices.

Here's how the cost of gas is going to make affordable living for American retirees difficult in the months ahead...