marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
power grid
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 […]
05/05/2022
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By News Editors
Why every American should care that diesel prices are surging across the country
Gasoline prices are increasing almost daily, pinching the wallets and pocketbooks of nearly all Americans with cars. However, as bad as that news is, diesel prices are surging even more across the country. Today’s truckstop retail diesel prices hit a new record of $5.32/gallon. Since February 1st, national truckstop diesel prices have increased by $1.57/gallon. […]
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 […]
04/08/2022
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By Kevin Hughes
UK unable to pay for Russian gas after imposing sanctions on Russia’s Gazprombank
The United Kingdom is now unable to pay for Russian gas after President Vladimir Putin’s order that this commodity must be paid for in rubles. It is the consequence of enforcing sanctions on Russia’s Gazprombank, through which payments for Russian natural gas are made. Foreign currencies can be changed to rubles on the Moscow Exchange for Gazprom customers, but […]
04/06/2022
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By JD Heyes
Inflation riots have begun: Sri Lankan Cabinet offers to resign as widespread unrest over price spikes boils over
We’ve been warning for weeks now that inflation around the world is spiraling out of control and that, as a result, there would be widespread unrest. That cycle of violence appears to have begun in Sri Lanka, and we expect it to spread far beyond that country’s borders. In fact, it has already gotten so […]
04/05/2022
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By News Editors
Russia is quietly making the case for owning gold
Russia has quietly made the case for owning gold. (Article republished from SchiffGold.com) The head of the Russian Parliament, Pavel Zavalny, made comments recently addressing the subject of economic and financial sanctions. It’s clear that gold is playing a large role in protecting Russian wealth. That role may get bigger and it could create a paradigm shift in […]
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 Arsenio Toledo
Production costs in Germany rise by record-breaking 25.9% due to ongoing energy crisis
German producers reported a record-breaking rise in factory gate costs of 25.9 percent year-on-year for February, pushed upward mainly due to the ongoing energy crisis caused by Germany’s green policies and the war in Ukraine. This data is according to the Federal Statistics Office, a German federal authority responsible for collecting statistical information. The office added that […]
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 […]
03/22/2022
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By Kevin Hughes
Saudi Arabia, China initiating plan to create petroyuan and bring an end to the petrodollar
Saudi Arabia is now considering accepting China’s yuan instead of the United States dollar for its oil sales to the Chinese. “The American Journal” host Harrison Smith discussed the matter during the show’s March 16 episode. “Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people […]
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