Tag: oil

  • U.S. households spending almost double on gasoline versus last year

    U.S. households spending almost double on gasoline versus last year

    U.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research. In March, the annual rate of gasoline spending was at $3,800, Yardeni noted. During the week of May 16, the national retail price for gasoline reached a record $4.59 per gallon, the […]

  • CrossAmerica Partners is a winner… so far

    CrossAmerica Partners is a winner… so far

    I sell out of BP, Oil execs on the hot seat, inflation still sky high, and much much more!

  • Shell expects to take $5 billion hit pulling out of Russia

    Shell expects to take $5 billion hit pulling out of Russia

    Shell Midstream Partners (SHLX) has a current dividend yield of 8.37% and is rated as “Boderline Safe” by SimplySafeDividends. I hold SHLX in my Medium Yield Portfolio. In total SHLX is 1.7% of my portfolio. Shell Midstream Partners (SHLX) is owned by Shell PLC (SHEL) The London-based oil major provided the guidance Thursday ahead of […]

  • Oil executives reject profiteering claims by Congress

    Oil executives reject profiteering claims by Congress

    It’s not rocket science. Increasing unfriendly regulations on the production and distribution of oil and gasoline will result in higher prices at the pump. Prices were already way above where they were a year prior to the Russia/Ukraine war. The conflict only made matters worse. Congress attacking investors who depend on these investments for their […]

  • Remote recording woes

    Remote recording woes

    Trying to record remotely in my car. Portfolio update and more!

  • Chevron employees strike at California refinery

    Chevron employees strike at California refinery

    Chevron (CVX) has a current dividend yield of 3.45% and is rated as “Safe” by SimplySafeDividends. I hold CVX in my Low Yield Portfolio. In total CVX is 0.7% of my portfolio. More than 500 Chevron Corp. employees went on strike at a refinery in California on Monday amid a contract stalemate. The strike comes after the […]

  • Windows 10 mayhem

    Windows 10 mayhem

    Windows 10 upsets my apple cart, Russia continues to dominate the news, public pension stock dependency, companies continue to isolate Russia, and much much more!

  • Individual investors jumping into energy stocks

    Individual investors jumping into energy stocks

    The Energy Sector makes up 21% of my total portfolio. On Monday, retail investors purchased a net $340 million of U.S.-listed energy stocks and exchange-traded funds, the most in one day in VandaTrack data going back to 2014. Over the five trading days through Tuesday, they bought a net $122.05 million of Chevron Corp. shares […]

  • Shell to withdraw from Russian oil and gas

    Shell to withdraw from Russian oil and gas

    Shell owns 68.5% of Shell Midstream Partners. Shell Midstream Partners (SHLX) has a current dividend yield of 8.41% and is rated as “Borderline Safe” by SimplySafeDividends. I hold SHLX in my High Yield Portfolio. In total SHLX is 1.7% of my portfolio. Shell had previously said it would pull out of a number of joint ventures in […]

  • Russia killed COVID-19

    Russia killed COVID-19

    Russia continues to dominate the news, oil tops $130, Gold surges, Natural Gas prices spike in Europe, and much much more!