Gas Prices Archives - Page 2 of 5

Saudi Arabia-Led OPEC Cuts Oil Production after Biden Begged for More

After Democrat President Joe Biden folded and went to Saudi Arabia in a desperate bid to drive down oil prices, OPEC and allied oil-producing countries have now announced they will cut oil production. In July, Biden visited Saudi Crown Prince Mohammed bin Salman to beg for help in lowering gas…

US Freight Rail Crisis Could Sink Pelosi with Supply Chain Chaos Right Before Midterms

The United States freight rail crisis may trigger further supply chain chaos that could sink Democrat House Speaker Nancy Pelosi (D-CA) right before the November midterm elections. The midterms are fast approaching and no one knows what will happen. The Republicans have huge historical momentum and the party out of…

Another Two Fertilizer Plants Shut Down in Europe over High Gas Prices

Two more fertilizer plants have been forced to shut down in Europe over high gas prices, placing further strain on the farming industry and global food supply chain. The exorbitant cost of natural gas and other fuels was reportedly behind the pair of fertilizer production facilities in Poland closing their…

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…