marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
gas 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 […]
05/15/2022
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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 JD Heyes
Shocking report reveals US workers are producing less but costing MORE, as Biden’s economy implodes
Say what you will about Donald Trump and his ‘mean tweets,’ but the man knew what he was doing when it came to reinvigorating our economy. After eight years of decline and then stagnation under Barack Obama, in three years’ time, America became an economic powerhouse under Trump’s policies: Unemployment was at record lows; national […]
05/12/2022
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By Mary Villareal
Americans blame Democrats, Biden’s leadership as gas prices hit record highs
Surveys have shown that Americans blame Democrats and President Joe Biden’s leadership as gas prices reached record high levels. Inflation also hit a 40-year high and the U.S. Gross Domestic Product shrunk 1.4 percent in the first quarter of the year. As voters admit that rising gas prices are touching every aspect of their lives, the economy […]
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 […]
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 […]
04/18/2022
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By Mary Villareal
US inflation hits four-decade high, consumer prices increase by 8.5%
Inflation has hit a four-decade high in the United States. This means American consumers will be paying more for everything that they need, including food. From shipping prices to wholesale food costs, prices have gone through the roof. In the 12 months that ended in March, consumer prices increased by 8.5 percent – the highest year-over-year jump since […]
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 […]
03/30/2022
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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 […]
03/30/2022
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By Kevin Hughes
Poll: The Biden economy is terrible, according to 70 percent of Americans
An Associated Press-NORC poll on Friday, March 25, revealed that around seven in 10 Americans said President Joe Biden’s economy “is in bad shape” already. The poll also showed that nearly two-thirds of Americans denounced how Biden is managing the economy. Moreover, a bulk of Americans said Biden’s policies have hurt the economy instead of helping it. In […]
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