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News & Articles By Arsenio Toledo
03/23/2022
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By Arsenio Toledo
Los Angeles first major city in the country to reach average gas price of $6 per gallon
Los Angeles on Tuesday, March 22, became the first major city in the United States to have an average gas price of over $6 per gallon. Patrick De Haan, head of petroleum analysis for Boston-based fuel price assessment company GasBuddy, broke the story that Los Angeles was the first big city in America to breach […]
03/23/2022
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By Arsenio Toledo
Production costs in Germany rise by record-breaking 25.9% due to ongoing energy crisis
German producers reported a record-breaking rise in factory gate costs of 25.9 percent year-on-year for February, pushed upward mainly due to the ongoing energy crisis caused by Germany’s green policies and the war in Ukraine. This data is according to the Federal Statistics Office, a German federal authority responsible for collecting statistical information. The office added that […]
03/17/2022
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By Arsenio Toledo
Russian sanctions and oil embargoes to cause world’s biggest oil supply crisis by next month
The International Energy Agency (IEA) warned that the massive drop in oil exports from Russia will lead to a catastrophic reduction in the global oil supply, which consumers are already feeling and will be reeling from by next month. The Russian invasion of Ukraine led to economic sanctions and embargoes from many nations all over […]
03/16/2022
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By Arsenio Toledo
European countries mull increasing investment in fossil fuels to maintain energy security
European countries are considering increasing their investments in fossil fuels to maintain energy security. In recent years, many European countries – as well as nations in other parts of the world – have carried out programs to lessen the consumption of fossil fuels in favor of investing in more renewable energy sources like wind and solar. […]
03/08/2022
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By Arsenio Toledo
A nuclear strike, EMP blast or massive cyberattack can take down the power grid – here’s how to survive the immediate aftermath of a grid collapse
The threat of society collapsing due to a nuclear war, an electromagnetic pulse or massive cyberattacks on the grid has never been higher. For people who want to be prepared for these events, the one thing that is certain to happen is that America’s grid will collapse. Here’s what that means and how to prepare […]
03/08/2022
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By Arsenio Toledo
US crude oil surges to 13-year high of $130 a barrel as Russia-Ukraine war escalates
As oil buyers and investors race to replace Russian crude oil, its price has surged to a 13-year high of $130 a barrel. Right around when the Russian invasion of Ukraine began, the price of oil went above $100 a barrel for the first time since 2014. Since then, the price of oil has skyrocketed even […]
03/04/2022
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By Arsenio Toledo
Oil prices surge to multi-year highs as Ukraine conflict causes ripple effect in global oil supplies
Oil prices are climbing to multi-year highs as the ongoing conflict Russia has embroiled itself in is preventing it from exporting a vast supply of crude, causing a ripple effect on global oil supplies. Russia is the second-largest producer of oil in the world. According to 2020 data from the Energy Information Administration, Russia produced over […]
02/27/2022
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By Arsenio Toledo
Russia selling crude oil at massive discounts as regional conflict turns away regular trading partners
Russia is selling its crude oil at record discount rates as the country prepares for the possibility of tough sanctions from Western nations following the beginning of its war with Ukraine. The crude oil from the oil-rich Ural Mountains region was offered at $11.60 a barrel below Dated Brent, which is one of several internationally […]
12/15/2021
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By Arsenio Toledo
California proposes sharp reductions in subsidies for residential solar customers
Energy regulators in California on Monday, December 13, proposed sharp reductions in subsidies for residential solar customers. People from the solar industry have warned that such a move could threaten thousands of jobs. This proposal was announced by the California Public Utilities Commission (PUC), the state’s main agency that regulates public utilities such as electricity. Residential solar customers […]
11/23/2021
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By Arsenio Toledo
Firewood sales soar all over the country as prices of other fuel sources skyrocket
More and more Americans are turning to firewood for their heating needs amid the surge in the price of fuel sources like natural gas, heating oil and propane caused by the global energy crisis. Yakelin Vigil, CEO of OC Firewood Delivery in Southern California, recently told Fox Business about the sharp increase in firewood demand this year. The […]
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