All posts tagged with gas prices
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-(Natural News) The crack spread, which refers to the overall pricing difference between a barrel of crude oil and the petroleum products refined from it, soared to a three-month high $42.41 Tuesday, January 24. An analysis of Refinitiv Eikon data showed that the five-year January average was only $15.56. This indicates that the country is facing a […]
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-(Natural News) The worst place in the country to live right now in terms of inflation is Phoenix, where reports indicate a record number of struggling locals are lining up at food banks just to eat. The latest figures show that Phoenix is still the hardest-hit city with a 12.1 percent inflation rate. As a […]
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-(Natural News) Just three years ago, the United States was an energy independent nation, a nation that was in a secure position to incorporate more renewable energy sources into its diverse and robust energy supply. Today, the United States is a hollow shell of its former self – with pipelines and drilling operations shuttered. After […]
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-(Natural News) The global food crisis, already at its peak in 2022, could become worse in 2023. According to the United Nations World Food Program (WFP), the world is in danger of heading toward yet another year of record hunger. “We are at a critical crossroads. To avert the hunger catastrophe the world is facing, […]
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-(Natural News) An economic expert blasted President Joe Biden’s drawdowns from the U.S. Strategic Petroleum Reserve (SPR), saying that these failed to control soaring oil prices. Phil Flynn, senior account executive at the PRICE Futures Group, said the Biden administration is coming to grips with “the reality” of its SPR drawdowns being in vain. “If […]
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Gas prices in Los Angeles County hits new record high of $6.466 – nearly double the national average
-(Natural News) Gas prices in Los Angeles County hit a record high of $6.466 per gallon on the morning of Monday, Oct. 3. That price topped the previous record high of $6.462 per gallon set on June 14. The average price in the country is 62.6 cents more than a week ago, $1.202 higher than a […] -
-(Natural News) America’s domestic natural gas consumption is being threatened by record liquefied natural gas (LNG) exports to Europe. According to a study by Reuters, shale producers in the U.S. are struggling to address the rising demand for domestic and international natural gas. Shale producers account for the bulk of U.S. natural gas output. With the winter […]
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-(Natural News) The majority of Americans are saying they are falling behind the cost of living, according to the latest polling data. Results of the poll released by NBC News showed that 63 percent of respondents stated that their income was below the cost of living. Meanwhile, 58 percent of the respondents did not approve of President Joe Biden’s handling of the […]
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-(Natural News) Gas prices are set to rise after the November 2022 midterm elections, coinciding with the end of President Joe Biden’s raid on the Strategic Petroleum Reserve (SPR). During a Sept. 12 speech, Biden touted how his administration is making progress on handling inflation even as Americans continue to cope with rising food and gas prices. […]
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-(Natural News) At this point, there is simply no denying that the world is in a serious crisis. Inflation is through the roof, the financial markets appear ready to collapse, another global world war is looming, and in Europe especially it is becoming too costly for ordinary people to continue heating and powering their homes. […]
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