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Bloomberg Businessweek
Exxon Mobil Buying Pioneer Natural Resources for $59.5 Billion
Oct 11, 2023
Bloomberg Commodities Edge Anchor and Bloomberg Intelligence Senior Oil & Gas Analyst break down Exxon's $59.5 billion acquisition of Pioneer Natural Resources. CEO of Plug Power talks about building a green hydrogen ecosystem. Economist at Hopper shares travel insights. Drive to the Close with Steward Partners CEO.
34:57
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Quick takeaways
- Booking Thanksgiving and Christmas travel before October 14th recommended to secure good deals.
- Advisors play the role of counselors during market downturns, assuring clients that following agreed-upon strategies will pay off in the long run.
Deep dives
Holiday Travel: Book Now to Find the Best Deals
According to Hopper, it is recommended to book Thanksgiving and Christmas travel no later than October 14th to secure good deals. Thanksgiving airfare is down 14% from last year, averaging $270 for a domestic ticket. Christmas airfare is down 12% from last year, averaging $400 for a round-trip domestic ticket. Prices are expected to rise after this weekend, so booking now is advised. Travelers can save money by flying on less popular dates, such as Monday after Thanksgiving or avoiding popular Christmas travel dates. Despite some challenges, a busy holiday travel season is expected.
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