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February 19, 2025 45 mins
Gas prices soaring yet again in California, why? Kevin has the details and offers his insights. Transportation Secretary Sean Duffy announced the "move forward" (after 6 years of delays) with approval of a Texas port capable of shipping 1 million barrels of oil per day. President Trump signed an order creating a "national energy dominance council," Kevin has the details. Bank of Canada lowers rates, Kevin explains what this means to possible tariffs. Kevin points out U.S. trade balances with our trading partners. Taiwan pledges more U. S. investment after Tariff threats. American Trucking Associations released their January For-Hire Truck Tonnage Index; Kevin has the details. Oil reacts to the Ukraine drone strike on a Russian oil pipeline, Kazakhstan transit volumes could drop 30%, U.S. presses Russia to end the war in Ukraine, OPEC+ output plans continue to be discussed and anticipated crude oil inventory reports due later this week
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