Chesapeake Energy announced some changes this week in its previously announced exchange offers regarding its outstanding warrants for company shares. The Company has extended the offering period for each Offer until 11:59 p.m. (New York City time) on September 30, 2022. Chesapeake’s common stock, Class A warrants, Class B warrants and Class C warrants are listed on …
September 1, 2022 archive
Cushing crude stocks dropped in late August
After a slight increase earlier in August, the Cushing hub’s stock crude oil dipped again in late August. The latest report from the U.S. Energy Information Administration showed Cushing held 25,284,000 barrels of crude oil as of August 26. It was a decline from the 25,807,000 barrels reported as of August 19. Crude stocks …
Gasoline prices continue their fall
While U.S. wholesale gasoline prices dropped to their lowest levels since before Russia’s war against Ukraine on Wednesday, prices fell to an average $3.43 a gallon in Oklahoma. U.S. gasoline futures fell as low as $2.58 a gallon, the lowest price since Feb. 18 before Russia invaded Ukraine. Oklahoma’s average of $3.43 compared …
Headlines
** A group of 34 Democrats and 16 Republicans in the U.S. House wrote a letter to President Joe Biden on Thursday expressing their concerns about the administration’s efforts to revive the Iran Nuclear Deal. ** U.S. wholesale gasoline prices fell to their lowest levels since before Russia’s invasion of Ukraine on Wednesday, suggesting motorists …
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