marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
fuel prices
05/20/2022
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By Mary Villareal
EU committing economic suicide by imposing sanctions on Russia
Members of the European Union (EU) have found themselves in a precarious position by joining the U.S. in its proxy war against Russia. An observer noted that European countries are imposing more sanctions on Russia for purely political reasons and with the U.S. applying just enough pressure. Saying no to Russian energy will mean that […]
05/17/2022
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By Arsenio Toledo
Record-high diesel prices affecting US-Mexico trade, leading to more inflation
Truckers continue to struggle as diesel prices in the United States hit record levels. On Thursday, May 12, the average price of diesel in the U.S. hit a record-high of $5.62 a gallon, an increase of nearly 20 cents from a week ago. This also represents an increase of more than $1.50 a gallon from roughly two […]
05/15/2022
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By Mary Villareal
Biden administration cancels gas lease opportunities despite soaring fuel prices
The Biden administration has canceled major oil and gas lease opportunities in the Gulf of Mexico and off the coast of Alaska, blocking the opportunity to drill for oil in over a million acres despite the soaring gas prices in the United States. The Department of the Interior cited a “lack of industry interest in leasing […]
05/12/2022
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By News Editors
Diesel shortages are now “widespread”
Diesel shortages have become apparent to those who utilize the fuel and many are calling those shortages “widespread.” This is going to have an effect on everything, from the food supply to the cost of goods and services going forward. (Article by Mac Slavo republished from SHTFPlan.com) In the United States, refiners currently receive roughly an […]
04/15/2022
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By Mary Villareal
EU looking at embargo on Russian oil products, potentially causing another supply chain catastrophe
European officials are now drafting plans for an embargo on Russian oil products, the most contested measure yet in punishing Russia for its invasion of Ukraine. After banning Russian coal – a move that sent coal prices around the globe at all-time highs – the European Union (E.U.) is now likely to adopt a similar […]
03/29/2022
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By JD Heyes
Analysis warns that ongoing Western sanctions against Russia will lead to hyperinflation
An analysis of the West’s sanctions against Russia that was published last week is warning that the longer they continue, the better the chances the world will experience a cycle of hyperinflation that will lead to widespread food insecurity and massive unrest. The analytical report, published on Doug Casey’s International Man website, begins by noting […]
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 […]
03/08/2022
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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 […]
03/01/2022
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By Arsenio Toledo
Ongoing Russia-Ukraine conflict pushing global economy closer to collapse
The ongoing conflict between Russia and Ukraine is causing dire ramifications not just for their economies, but for the world’s as well. The economy of the United States is also getting affected. World stocks are already tumbling, while oil prices are soaring as the Russian invasion of Ukraine continues and most Western nations ramp up […]
02/24/2022
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By Arsenio Toledo
State and federal regulations cause gas prices to surge in California
Californians were left reeling on Wednesday, February 23, as gas prices surged all over the state – with parts of Los Angeles being forced to pay upwards of $6 per gallon. The national average price of regular gasoline was at $3.53 on Tuesday, up 21 cents from a month ago and 90 cents from more than […]
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