The best way to lower oil and gas prices [DailyFinance (AOL.com)]
S&P Global Inc. (SPGI)
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Source: DailyFinance
President Biden is taking baby steps in his effort to lower oil and gasoline prices: Calling for a gas-tax holiday that will probably never happen. Sending “ stern messages ” to U.S. oil and gas producers. Releasing oil from the strategic reserve. Browbeating Saudi Arabia to produce more oil. At best, these types of measures will help lower pump prices a bit. At worst, they’ll have no effect consumers can discern, making Biden seem hapless. There’s one obvious thing that would promptly lower oil and gas prices: An end to Russia’s war in Ukraine. The Russian invasion isn’t responsible for the entire increase in oil and gas prices since Biden took office in January 2021. But it has caused much of it. U.S. pump prices have risen from about $3.60 per gallon before Russian president Vladimir Putin ordered the invasion on Feb. 24 to $5 now. That extra $1.40 per gallon is legitimately the “Putin price hike,” as Biden calls it. For a driver averaging 25 miles per gallon over 12,000 miles per
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News
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- FIS to Report First Quarter 2024 Results on May 6, 2024; Will Host Investor Conference on May 7, 2024 [Yahoo! Finance]Yahoo! Finance
- S&P Global Inc. (NYSE: SPGI) had its price target lowered by analysts at Stifel Nicolaus from $460.00 to $442.00. They now have a "buy" rating on the stock.MarketBeat
SPGI
Earnings
- 2/9/24 - Miss
SPGI
Sec Filings
- 4/3/24 - Form 4
- 3/22/24 - Form DEFA14A
- 3/19/24 - Form ARS
- SPGI's page on the SEC website