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The Latest Breaking News from SPR

Biden to authorise more releases from US petrol reserves

US president will announce new actions to address oil and gas prices in a speech on Wednesday

The Independent UK

Did releasing oil from the Strategic Petroleum Reserve impact gas prices?

Our nation, in numbers. USAFacts provides a comprehensive, nonpartisan view of the state of our union.

USAFacts

It Will Cost Americans a Lot More to Heat Their Homes This Winter

The Biden Administration is expected to make an announcement about oil reserves this week, but homes that use natural gas to heat their homes could see a rough winter.

The Street

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Oil Prices Dip on Report Biden Preparing New Sales From Strategic Petroleum Reserve

Reports suggest President Biden will unveil plans for another sale of crude from the nation's emergency stockpile later this week.

The Street

The Release and Refill of The Strategic Petroleum Reserve

The Strategic Petroleum Reserve, built to alleviate domestic supply shortages, has been depleted by about 27% in less than a year. The Department of Energy has a plan to refill it, but will it be enough?

The Street

Biden team weighs new oil release among steps to rein in prices

WASHINGTON — Officials within President Joe Biden’s administration are hunting for ways to head off a feared spike in oil prices later this year, including the possibility of an additional release from the nation’s emergency crude reserves.

Tribune News Service

Short Volatility Alert: Spirit AeroSystems Holdings, Inc.

On Friday, shares of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) experienced volatile short activity. After the activity, the stock price went up +3.52% to $30.33. The overall sentiment for SPR has been Bearish.

Benzinga

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Oil Plunges As President Biden Calls For Gas Tax Holiday To Ease Pump Prices

President Biden's call for a Federal gas tax holiday could cost the nation's Highway Trust Fund around $10 billion in revenues.

The Street

Gas Prices To Soar Past $5 A Gallon As U.S. SPR Falls To Lowest Level Since 1987

"It now appears not if, but when, we’ll hit that psychologically critical $5 national average," said Gasbuddy's Patrick De Haan.

The Street

Sierra Space, Spirit AeroSystems Team To Bring Affordable Space Systems To Market

Sierra Space and Spirit AeroSystems, Inc. (NYSE:SPR) have established a long-term strategic partnership to bring affordable space systems to market. Sierra Space is a commercial space company building platforms in space to benefit life on Earth. As per the LoI, Spirit Defense & Space will assist in developing and producing future affordable Shooting Star…

Benzinga

Sprout Social review

Sprout Social offers up a whole host of features for those in need of the best social media management software

TechRadar

Spirit AeroSystems Clocks 30% Revenue Growth In Q1

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) reported first-quarter revenue growth of 30% year-over-year to $1.18 billion, beating the consensus of $1.09 billion. This increase reflects higher production deliveries on the Boeing Co (NYSE:BA) 737, Airbus SE (OTC:EADSY) A220, and Airbus A320 programs and increased Aftermarket revenue, partially offset by lower production volume on the Boeing 787 program.…

Benzinga

Boeing Picks Spirit AeroSystems To Support B-52 Commercial Engine Replacement Program

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) received a contract award from Boeing Co. (NYSE:BA) to provide engine pylons and nacelles for the initial phase of the B-52 Commercial Engine Replacement Program (CERP). The total CERP effort is expected to replace 608 engines on the U.S. Air Force fleet of B-52H models. Spirit will support in extending…

Benzinga

4 Aerospace & Defense Stocks That Will Rally 40% or More, According to Wall Street

Russia’s invasion of Ukraine has been motivating many nations to increase their defense budgets. This should drive the demand for aerospace and defense companies. Amid favorable policies and rising demand, the industry should yield good returns for investors. Indeed, Wall Street analysts expect the stocks of quality aerospace and defense…

StockNews.com

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