Concerns Have Sed Over Omicron News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Of gas down to 3.35 a gallon. that is still high, but it s actually a seven-week low, down from 3.42 a month okay and that s for two big reasons. one, the u.s.-led intervention in energy markets really stopped the oil rally in its tracks. the president announced the biggest ever release of emergency barrels from the strategic petroleum reserve. really more of a band-aid than a long-term fix but it has cooled prices off. the other factor is more ominous here and those omicron. you know, initially there were a lot of fears on wall street that this would really slow down energy demand. the good news is those concerns have sed over omicron but that s actually lifted oil prices, ana, have you to remember that gas prize move with a lag to oil so the fact that oil prices have moved back up suggest that maybe the relief on the gasoline front may be short lived. then there s the natural gas which is experimenting an even bigger drop right now. is that expected to last? ....

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