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Stock impact report

White House's ‘drill baby drill' wartime mandate meets volatile market reality [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
Energy Secretary Chris Wright, a longtime apostle of fossil fuel expansion, issued a blunt directive to the world's largest oil and gas producers this week: Produce more, and do it now. The call came in Houston at the "Super Bowl" of energy conferences, S&P Global's CERAWeek. Thousands of miles away, smoke rose over the Persian Gulf following weeks of U.S. and Israeli airstrikes on Iranian infrastructure. The conflict has unleashed one of the biggest energy-supply shocks in modern history, with Brent crude trading at nearly $105 Friday and average gas prices across the United States just under $4 a gallon, according to AAA. But the White House's push for higher output is meeting resistance from oil giants. Industry CEOs are warning that geopolitical instability has decoupled energy prices from physical supply and demand fundamentals, leaving them wary of long-term investments in a "fog of war." Speaking at CERAWeek, Chevron CEO Mike Wirth warned that the global energy trade i Show less Read more
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