by Jeff Ihnen | Jun 14, 2022 | Energy Rant
As of last week, year-to-date energy prices are up 58% for NYMEX crude oil, 91% for NYMEX gasoline, and only 39% for retail gasoline. Retail prices seem to have a long way to climb as the high NYMEX prices make their way to the local gasoline pump. This week we look...
by Jeff Ihnen | Nov 2, 2021 | Energy Rant
I’m not a casino gambler because I know who wins. I learned long ago that a stock is worth what the next guy will pay for it – nothing more and nothing less. Bad news is good news, and good news is bad. It’s entirely unpredictable. For example: Bureau of Labor...
by Jeff Ihnen | Aug 8, 2016 | Energy Rant
Energy is a commodity, and like all commodities, it is wise to hedge risk; not go the other way and place bets. Unless you are a certain presidential candidate with privileged information on cattle futures, I would stay away from betting, er investing in, commodities...
