Gas Prices Archives

Kashkari: Fed ‘Far, Far Away’ from Beating Inflation despite White House Victory Lap

Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, has warned that the Central Bank is “far, far away from” beating inflation, despite the recent victory laps from the White House. Kashkari was responding to the Biden administration recently praising “zero percent” inflation in July, which prompted some…

Fuel Price Hike Triggers Large Protests at Gas Stations in Bangladesh

The government in Bangladesh has just hiked fuel prices by a record 51.2 percent, triggering widespread protests at gas stations across the South Asian country. Protests erupted following the decision, with thousands of people thronging gas stations before the increase went into effect. The price of gasoline increased to 130…

Gas Price Falls for 7th Straight Week but It May Exceed $5 Again Soon, Experts Warn

Gas prices have fallen again for a seventh consecutive week, providing Americans with some welcome relief at the pump. However, experts are now warning that prices could rise above $5 again this summer amid fears of a recession. On Monday , the national average for a gallon of gas fell…

World’s Largest Chemical Company to Cut Key Fertilizer Ingredient Production

The world’s largest chemical company, Germany’s BASF, is set to further cut production of key fertilizer ingredient ammonia. BASF cited energy shortages for the reduction. The move comes as the farming industry is already battling with shortages of fertilizer, water, and other essentials amid soaring gas prices. “We are reducing…

U.S Executives Blast Biden for Traveling to Middle East for Oil: ‘Texas Is a Lot Closer Than Saudi Arabia’

American petroleum industry executives are firing back at Democrat President Joe Biden for traveling "halfway around the world" to visit the Middle East in search of oil. Despite promising the Left that he would treat Saudi Arabia like a "pariah," Biden is on a trip to the Middle East to…

Tom Cotton Drops Hammer on ‘Pathetic’ Biden: ‘Energy Independence Is Not Just a Slogan’

Republican Sen. Tom Cotton (R-AR) has dropped the hammer on Democrat President Joe Biden for seeking foreign sources as solutions to America’s energy crisis. During an appearance on Fox News's “America’s Newsroom,” Cotton warned the American people that Biden’s energy policies create a dependence risk. He slammed Biden as "pathetic"…

Klaus Schwab’s WEF: Raising Fossil Fuel Prices Helps Save Democracy

Klaus Schwab's World Economic Forum (WEF) is calling for fossil fuel prices to be raised further by arguing that it would help to save democracy. According to Schwab's globalist organization, fossil fuels are underpriced. Despite the crippling impact high gas prices are having on everyday families around the world, the…

U.S Emergency Oil Reserves Sold to Hunter Biden-Linked Chinese Firm

Democrat President Joe Biden's administration sold almost one million barrels of oil from America's emergency strategic reserve to a Chinese Communist Party-owned company linked to Hunter Biden. The oil was released by the Biden admin to supposedly tackle soaring gas prices in the United States. As many American families are…

Chinese Communist Party Praises Biden for Attacking American Businesses

The Chinese Communist Party is praising Democrat President Joe Biden's latest attacks against American businesses. China's brutal dictatorship was responding to Biden's Saturday warning to U.S. companies over gas prices. In a post on Twitter, Biden's handlers issued a demand for “the companies running gas stations” to lower their prices.…

JPMorgan Issues Bombshell Warning about Where Oil Prices Are Headed

American multinational investment bank JPMorgan Chase & Co. has issued a bombshell warning about where it predicts oil prices could be heading. JPMorgan analysts predict that the price of oil could soon reach “stratospheric” levels that would be catastrophic to the economy. The price of a barrel of oil currently…