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Simon Flowers – Forbes – Buying oil and gas assets in a downturn – it’s been a golden opportunity that’s been readily...
U.S. stocks ended mixed on Monday as investors continued to digest extreme volatility from last week.
The Dow Jones Industrial Average ended roughly 0.4% lower after back-to-back gains. The S&P 500 was unchanged and the Nasdaq Composite finished up 0.2% for its third straight daily gain.
According to the United States Geological Survey, Los Angeles was rattled on Monday afternoon by a 4.4-magnitude earthquake.
According to the agency, the earthquake struck at 12:20 p.m. and was centered just outside of Pasadena, about five miles northeast of downtown Los Angeles.
There have been no initial reports of widespread damage, said Margaret Stewart, a spokeswoman for the Los Angeles Fire Department. Firefighters from each of the city’s 106 fire stations were driving through their districts to survey any effects, she said, and would be able to provide more detailed assessments within the next hour.
According to the U.S.G.S, the earthquake was felt across Southern California, with reports of shaking from Bakersfield to San Diego.
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Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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The oil and gas industry is inherently tied to geopolitical events and domestic policy...
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