All else equal, this would increase gasoline prices, which in most of the country have averaged $3 per gallon for the past ...
Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
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High debt and low crude oil prices hit Occidental Petroleum stock in 2024. The oil and gas producer, however, is repaying debt and generating incremental cash flows from a recent acquisition.