Tagged: gasoline prices

Why high oil prices are good for oil companies — until they aren't
gasoline prices

Why high oil prices are good for oil companies — until they aren't

Camila Domonoske | Apr 9, 2026, 9:00 AM UTC
Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.