With No Slowdown In Sight, Dallas Home Prices Go Up 23.7%
Dallas-area home prices rocketed ahead by a record 23.7% in the latest national measure.
Dallas’ year-over-year price increase in July was one of the largest in the country and ahead of the 19.7% nationwide gain in the latest S&P CoreLogic…
Oil Prices Climb As EIA Reports A 7th Straight Weekly Decline In U.S. Crude Inventories
Crude oil futures rose Wednesday, finding support after U.S. government data revealed that U.S. inventories declined for a seventh week in a row, but traded off the session's high as gasoline stockpiles unexpectedly climbed.
Overall, the…
WaterBridge Expands Produced Water Business in Delaware Basin (Permian)
Expanding its holdings further in the Delaware Basin, WaterBridge Holdings closed a transaction with Colgate Energy to acquire the produced water infrastructure associated with Colgate’s purchase of Occidental acreage in June. The companies…
U.S. Stock Market Rebound Continues – Facebook & Robinhood In Focus
U.S. stock markets staged a strong recovery overnight with the tech sector pushing the Nasdaq over 1% higher. Both the S&P 500 and Dow Jones gained around 1% with materials and mining rallying on positive economic news. But all eyes were…
IRS COVID-19 Benefit: How To Get Up To $600 Tax Deduction
If you make a cash donation to charity before the end of 2021, you can take advantage of expanded tax benefits approved under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This includes deductions up to $300 for individuals…
Bank of America Could Bring Forward $100 Oil Target In Event Of Cold Winter
Bank of America Global Research said it could bring forward its $100 per barrel oil price target to the next six months from mid-2022 if the winter is colder than usual, potentially driving a surge in demand and widening a supply deficit.
A…
7 Ways The New Tax Bill Could Impact Retirement Planning
The Ways and Means Committee released the first draft of a major tax bill this week. While it is mostly aimed at increasing taxes to pay for other social policies and government infrastructure initiatives, there are a number of provisions that…
Natural Gas Prices Can Still Double From Here
Natural gas prices have hit their highest levels since 2014, outpacing oil and many other commodities. On Monday, natural gas futures were trading up 2.6% to $5.09 per million British thermal units (BTUs), their highest settlement price since…
Once the Pandemic Recedes, Where Will The Real Estate Investment Opportunities Be?
The COVID-19 pandemic has been kinder to some real estate asset classes than others. Proactive investors can take advantage of opportunities with the potential to build wealth and generate income from investment real estate, particularly tax-advantaged…
Permian Basin Gets Vote Of Confidence With Infrastructure Plan
The region at the heart of the once-booming U.S. shale industry is signaling confidence in a nascent recovery after the pandemic crushed demand and curtailed oil and gas drilling. The Permian Basin, which straddles West Texas and New Mexico,…