05/16 Closing Prices / revised 05/16/2025 21:59 GMT | 05/15 OPEC Basket Price $63.62 –$2.40 cents | 05/16 Mexico Basket (MME) $58.47 +$0.76 cents   04/30 Venezuela Basket (Merey)  $ 56.72   -$2.78 cents 05/16 NYMEX Light Sweet Crude  $62.49 +$0.87 cents | 05/16 ICE Brent  $65.41+$0.48 cents 05/16 RBOB Gasoline NY Harbor  $2.1418 +0.0074 cents | 05/16 Heating Oil NY Harbor  $2,1660 -0.0254 cents | 05/16 NYMEX Natural Gas  $3.334 -0.028 cents | 05/16 Baker Hughes Rig Count (Oil & Gas)  576 -2 | 05/16 USD – Dollar/MXN  19.4712 (data live) 05/16 EUR – USD  $1.1163 (data live)  05/19 US/Bs. (Bolivar)  $94.76300000 (data BCV) Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

Category: Daily News

The Mirage of $2 Gas – Paul Krugman

By Paul Krugman Political speeches are often worth skipping, not conveying much new information. But Donald Trump’s speech last week at the