Is There ‘Price Gouging’ In The Gasoline Market? [Forbes]
Exxon Mobil Corporation (XOM)
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Source: Forbes
We could see gas prices start to go up by around lunch… the wholesale price of gasoline up over ten cents a gallon…” [ Interviewer ]“But explain something to me. The oil market is much less global than it used to be, right? We know right here in the U.S. we produce a heck of a lot of it, right? Aren't we ‘energy independent' at this point?” – Yahoo Finance As the bombs started falling on Tehran, the price of gasoline in Nashville jumped almost immediately. Strangely, the very same thing happened at the same time in Phoenix. It also happened in Jersey City. In fact, after just a day or two (or sometime “around lunch”) prices began to move up simultaneously at all 160,000 gas stations across the United States. Why? And why so quickly? And if it was the war halfway around the world, why didn't our so-called energy-independence cushion the impact? It's a common question. In response to the previous column , one reader wrote: “… It is a phenomenon which has always mystified m
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News
- Here's Why the Price of Oil is Likely to Remain High Even After the War Ends [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- ExxonMobil Awards Saipem $150M Contract for Longtail Development [Yahoo! Finance]Yahoo! Finance
- The Pentagon Says It Could Take 6 Months to Clear Mines From the Strait of Hormuz. Here Are 2 Predictions for Oil Stocks Through the End of 2026. [Yahoo! Finance]Yahoo! Finance
- The Pentagon Says It Could Take 6 Months to Clear Mines From the Strait of Hormuz. Here Are 2 Predictions for Oil Stocks Through the End of 2026. [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Oil Stocks Push Higher Even as War Premium Fades [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 1/30/26 - Beat
XOM
Sec Filings
- 4/9/26 - Form DEFA14A
- 4/8/26 - Form DEFA14A
- 4/8/26 - Form DEFA14A
- XOM's page on the SEC website