marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
fuel
05/01/2022
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By Mary Villareal
No signs of slowing down: Diesel price jumps 42.8% from beginning of the year, way ahead of gasoline’s 25% increase
The increase in diesel price has raced past that of gasoline. Data from the Department of Energy‘s Energy Information Administration (EIA) showed that diesel price has jumped a staggering 42.8 percent while the price of gasoline has increased 25 percent from the beginning of the year. Given the enormous role of Russia as a supplier of […]
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, […]
03/24/2022
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By Ethan Huff
COLLAPSE ACCELERATING: World’s biggest energy traders warn that “gas stations will run dry” of diesel
Gas prices are out of control, but the situation with one specific type of gas, diesel, is perhaps most concerning due to the serious implications of it running dry. An absolutely critical fuel for maintaining “just in time” delivery of goods and services all around the world, diesel could disappear from some areas of the […]
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 […]
01/19/2022
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By JD Heyes
Trucking companies sound alarm, say Canada’s draconian vaccine mandate for cross-border truckers will devastate economy
Trucking organizations are echoing warnings from individual haulers and trucking companies that vaccine mandates for drivers on both sides of the U.S.-Canada border are going to devastate economics and come at a time when the supply chain crisis continues to leave shelves bare in grocery and retail stores. According to The Post Millennial, around 30,000 […]
11/03/2021
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By Zoey Sky
Soaring transportation costs inflating global food prices
Americans are still struggling to recover from the economic effects of the Wuhan coronavirus (COVID-19) pandemic because of the supply chain crisis. And it seems that things won’t improve anytime soon as soaring transportation costs continue to drive food prices higher. Experts are worried about the potential for a knock-on effect of rising fuel prices as oil […]
10/19/2021
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By Mary Villareal
Natural gas shortages prompt power plants to switch to oil
Natural gas and coal prices have pressured power-generation companies to switch to using oil, which could mean an additional half-million barrels a day added to the global oil demand. In its monthly market report, the International Energy Agency (IEA) has increased its global oil demand forecasts for the year and the next by 170,000 and 210,000 […]
04/11/2021
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By Virgilio Marin
Gasoline prices in California approaching $4 per gallon
Gasoline prices in California came close to $4 per gallon on April 8. The average price at the pump climbed by 18 cents in the last month to $3.93 per gallon, according to the American Automobile Association (AAA). AAA spokesperson Jeff Spring said that the average price last topped $4 in November 2019. In the San […]
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