U.S. Oil Prices Continue to Rise
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U.S. Oil Prices Continue to Rise
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It seems that without some intervention, gas prices will remain elevated for months to come.
From Fox Business. Oil prices added to gains on Thursday over concerns about supply due to a possible European Union ban on Russian oil.
U.S. benchmark crude added $1.23 to $103.39 a barrel. It rose 0.2% Wednesday, now up nearly 40% for the year and pushing gasoline prices higher. Brent crude, the international standard, jumped $1.55 to $108.35 a barrel….
The oil market remains tight with the Organization of the Petroleum Exporting Countries and allies led by Russia, together called OPEC+, struggling to meet their production targets and with U.S. crude stockpiles down sharply in the week ended April 15.
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(Excerpt from Fox Business. Photo Credit: Canva)
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Father, I ask you to prevent the current administration in the Whitehouse from supressing oil production in the United States. I ask you directly to lower the price of gasoline so people afford to drive to work and not rely on government handouts, by the Power of your Holy Spirit and in Jesus’ Mighty Name!
May we as a nation look to you for your help and relief. May we love and serve you above all else.
But my GOD shall supply all my need according to HIS Riches in Glory by CHRIST JESUS! Thank YOU FATHER GOD for directing our path and taking care of us in JESUS NAME! And we know that all things work together for good to them that love GOD; to them that are the called according to HIS purpose! In JESUS MIGHTY NAME! Amen!