(WED 10/5/22)
UPDATE: The House Select Committee Investigating the January 6th Attack on the U.S. Capitol has confirmed 1 p.m. Eastern time Thursday, October 13 for its next public hearing, The Hill reports.
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1/6 Panel Next Week? – We’re still awaiting confirmation from the House Select Committee Investigating the January 6th Attack on the United States Capitol (pictured), but Thursday, October 13 is the likely make-up date for their ninth public hearing that was delayed because of Hurricane Ian. We’ll keep you posted.
OPEC+ Cuts 2% -- The oil producing nations of OPEC+, which includes Russia, have agreed to a 2-million barrel per day cut in production at their Vienna meeting in order to boost prices, Reuters reports Wednesday. They are the deepest production cuts by OPEC+ since the 2020 COVID pandemic, despite the U.S. urging it not to proceed. In addition to reversing a drop in global oil prices from $120 per barrel three months ago to about $90 per barrel currently, the production cuts will help Russia financially in the wake of U.S. and NATO sanctions over its invasion of Ukraine.
AAA National Average – The average price of a gallon of regular unleaded gasoline was $3.831 Wednesday, the AAA reports.
--Edited by Todd Lassa