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03/24/2022
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By Mary Villareal
Maryland and Georgia suspend gas taxes, other states to follow in effort to hide Biden’s inflation
Maryland and Georgia have halted their collection of gas taxes in an effort to hide the effects of Biden’s inflation from the American people. In Maryland, the emergency bipartisan legislation signed by Governor Larry Hogan will suspend the gas tax for 30 days and will save the residents 36.1 cents per gallon for diesel. Hogan said […]
12/01/2021
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By Mary Villareal
Brutal cold wave in Europe leads to record-high energy prices
A brutal cold wave is sweeping across Europe, bringing in tons of snow, triggering power outages and devastating several countries with lows that have not been seen since 1980 in Sweden. The extreme freeze over northern Scandinavia has also caused energy prices to soar to record highs. The main reason is the high consumption combined […]
11/19/2021
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By Mary Villareal
Americans face brutally cold, bitterly expensive winter as natural gas prices continue to rise
Americans are about to experience a brutally cold and bitterly expensive winter due to the questionable actions and decisions by President Joe Biden and his administration. At the CNN town hall in July, Biden said the chances of long-term inflation are slim. “The vast majority of the experts, including Wall Street, are suggesting that it’s highly unlikely that […]
11/10/2021
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By Mary Villareal
Elevated crude prices and uptick in demand cause gasoline prices to reach 7-year high
Gasoline prices in the United States reached a new seven-year high as elevated crude prices and an uptick in demand put upward pressure on prices at the pump. Gasoline demand rose to 9.5 million barrels per day, according to data from the Energy Information Administration (EIA). “The slight increase in demand has contributed to price increases, […]
11/03/2021
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By Mary Villareal
China faces gas shortage as Beijing seeks to conserve coal, diesel and other fossil fuels
Just two days after Beijing imposed price controls on its coal rationing, the country is facing another crisis: gas shortage. Many stations across the country are running out of diesel due to supply constraints. As the Chinese economy aggressively reopened following the Wuhan coronavirus (COVID-19) shutdowns, the supply of fossil fuels started to dwindle amidst […]
11/01/2021
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By Mary Villareal
Chinese gas stations ration diesel amid shortages, adding to supply chain crisis
Fuel retailers in China are now rationing diesel volumes to customers as the country intensifies its efforts to avert a supply crunch that is already affecting the coal and natural gas sectors. Long lines of vehicles are making their way to pump stations across Guangxi and Anhui provinces in east and southwest China, with truck […]
10/14/2021
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By Mary Villareal
Oil price jumps to over $80 per barrel due to energy supply shortages
Crude oil price in the U.S. rose 1.5 percent to $80.52 a barrel on Monday, Oct. 11, closing at that rate for the first time since late 2014 and bringing its price climb to 125 percent since the end of October 2020. Oil is now set to outpace copper by the largest amount since 2002 and […]
08/03/2021
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By Ramon Tomey
Natural gas prices worldwide soar to record highs
Prices of natural gas in different parts of the world rose to their highest levels recently. The price spikes threatened to increase costs for households and businesses. The high prices also raised concerns that the fuel shortage will only worsen as time passes. The price of liquefied natural gas (LNG) in the U.K. soared to […]
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