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05/05/2022
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By Mary Villareal
Supply chain on the brink of COLLAPSE as diesel price surge hits trucking industry hard
The price of diesel has reached an all-time high of $5.321 a gallon, leaving the trucking industry reeling and the supply chain on the brink of collapse. Oil and gas prices have also increased, now standing at $4.187 a gallon, just a smidge down from the all-time high of $4.331 set on March 11. The trucking industry relies […]
04/20/2022
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By Ethan Huff
Starting next week, EU will impose full embargo on Russian oil, sending prices above $185 a barrel: JPMorgan
Following the French election this upcoming weekend, the European Union (EU) is reportedly planning to impose a full embargo on all Russian oil, which JPMorgan says will drive the oil price beyond $185 a barrel. To minimize public support for Marine Le Pen, the EU is apparently waiting until after the second round of voting […]
04/19/2022
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By Mary Villareal
Meat producers react as Biden issues emergency waiver that allows selling gasoline with 15% ethanol
President Joe Biden issued an emergency waiver that allows gasoline stations nationwide to sell gasoline with 15 percent ethanol. With the record-high prices and soaring levels not seen since 1981, Biden effectively paused a federal environmental regulation that prohibits this biofuel mixture in the summer to limit smog. Biden’s action, however, could lead to higher meat […]
03/30/2022
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By Mary Villareal
The REAL price of fuel: Reports of deaths and violence plague Sri Lanka as people queue to buy expensive fuel
The Russian invasion of Ukraine has increased protests in Sri Lanka as the country falls into its worst economic crisis since its independence in 1948. The fuel crisis in Sri Lanka has led to at least three deaths due to the long hours of waiting that proved too much for people. Numerous others have also […]
03/25/2022
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By JD Heyes
Newsom wants to spend $11 billion to give Californians $400 gas cards, throwing more incendiary money into an already inflationary economy
In another example about how Democrats either legitimately don’t understand market economics or simply don’t care because they would rather risk tanking the economy in order to make more citizens dependent upon government largess, California Gov. Gavin Newsom’s plan to help state residents cope with the highest average gas prices in the country is sure […]
03/24/2022
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By News Editors
Biden’s “Russian sanctions” are wrecking the western economy
This is what the White House spokes idiot Jen Psaki describes as “wrecking” the Russian economy: (Article by Paul Craig Roberts republished from TheBurningPlatform.com) The unprecedented sanctions against Russia have pushed energy costs higher in Europe and the US, driving record inflation and making it ever more expensive for farmers and truckers to fuel their machinery, […]
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 Ethan Huff
Skyrocketing fuel costs spark mass protests in France, Spain and Albania
Europeans are fuming over rapidly inflating fuel, energy, and food costs, which are sparking protests across many areas of the continent. On March 21, several locations around France saw blockade protests with professional drivers calling for greater governmental support amid the crisis. Bouches-du-Rhône, Doubs, Manche, Pas-de-Calais, Nord and Charente-Maritime all saw HGV, taxi, coach, and […]
03/16/2022
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By Mary Villareal
Record gas prices are pushing up everyday costs, could lead to recession
Americans are in shock with the surging prices at gas stations across the country. The global energy costs are now rippling through the economy following Russia’s invasion of Ukraine, and the surges appear to be making inflation problems even worse. John Migliorini, vice president of Lakeville Trucking in Rochester, New York, said that customers may […]
03/15/2022
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By News Editors
Catastrophic Inflation: “I’ve never seen prices jump this high, this fast”
This is what the early chapters of an inflationary meltdown look like. Last week, we were informed that “consumer prices were 7.9% higher in February than a year ago”, and that was being touted as the highest figure “in 40 years”. Of course those that follow my website on a regular basis already know that the reality […]
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