Mickey Cargile News Today

With the debt ceiling deal, the student loan payment pause that started during the pandemic could soon be coming to an end. Payments could resume in August 2023.

Chevron has entered into a definitive agreement to acquire PDC Energy Inc. The stock and debt transaction totals to $7.6 billion.

"My outlook for the future here remains bright. There may be a little softening, but I don't think it'll be enough that most people will notice."

OPEC's 1.66 million barrel cuts caused the WTI to surge to $80 a barrel, a nearly 5.5% increase.

Mickey Cargile says the number of rigs in the area can be a good indicator of the state of the economy.

As inflation rises and the Federal Reserve tries to slow the growth of the inflation rate, the price of oil has fallen over the last 10 days.

Local experts say inflation rates seem higher in an area like Midland because of the boom and bust nature of the oil and gas industry.

E15 gasoline can be cheaper, but it is hard to find in gas stations across the U.S.

Nearly 70% of small businesses had to raise prices and nearly half had to decrease their staff, due to inflation.

Mickey Cargile of Cargile Investment Management believes the Permian Basin handles high inflation rates better due to the boom and bust nature of oil.