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Stockreport

Gas prices hit $4.23 per gallon, a new high for the year [MSNBC.com]

Chevron Corporation (CVX)  More Company Research Source: MSNBC.com
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
U.S. gas prices have hit a fresh record since the start of the war with Iran, rising to an average nationwide of $4.23 per gallon Wednesday, according to the motor club AAA.The grim milestone comes as oil prices have surged higher over the past week amid a dual blockade by the U.S. and Iran of the Strait of Hormuz, the key chokepoint in the region for transiting crude and petroleum-based products out of the Persian Gulf.The price of Brent crude, the international benchmark that influences the price of U.S. gasoline prices, now stands at $114.60, up nearly 25% from the recent low seen April 17 and just a few dollars away from the recent high of $118.A day earlier, AAA recorded the biggest single-day increase in more than a month,with prices rising $0.07The surge in oil prices have compounded the typical price increases seen this time of year as refineries undergo maintenance and the spring-summer driving season begins to kick off.Many gas stations have also sought to artificially keep [Read more]
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Stockreport

Gas prices hit $4.23 per gallon, a new high for the year [MSNBC.com]

Chevron Corporation  (CVX) 
More Company Research Source: MSNBC.com
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
U.S. gas prices have hit a fresh record since the start of the war with Iran, rising to an average nationwide of $4.23 per gallon Wednesday, according to the motor club AAA.The grim milestone comes as oil prices have surged higher over the past week amid a dual blockade by the U.S. and Iran of the Strait of Hormuz, the key chokepoint in the region for transiting crude and petroleum-based products out of the Persian Gulf.The price of Brent crude, the international benchmark that influences the price of U.S. gasoline prices, now stands at $114.60, up nearly 25% from the recent low seen April 17 and just a few dollars away from the recent high of $118.A day earlier, AAA recorded the biggest single-day increase in more than a month,with prices rising $0.07The surge in oil prices have compounded the typical price increases seen this time of year as refineries undergo maintenance and the spring-summer driving season begins to kick off.Many gas stations have also sought to artificially keep [Read more]
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