Gas Prices Archives - Page 2 of 5

Biden Releases More Oil after OPEC Slashes Output

The Biden administration has moved to release more domestic oil after the Saudi Arabia-led Organization of the Petroleum Exporting Countries (OPEC) and its allies surprised global energy markets on Wednesday by agreeing to slash crude production by 2 million barrels per day (BPD). The oil cartel thought it was necessary…

Biden Suffers Massive Defeat as Saudi-Led OPEC Slashes Oil Output

Democrat President Joe Biden has just suffered a huge defeat after the Saudi Arabia-led Organization of the Petroleum Exporting Countries (OPEC) confirmed it will slash oil output. The move will hit Americans hard as global oil prices are now expected to soar even higher. As Slay News reported, Biden went…

Peter Doocy Checkmates Jean-Pierre over Claims about Gas Prices

Fox News's Peter Doocy checkmated White House Press Secretary Karine Jean-Pierre today over the Biden administration's claims about gas prices. Doocy raised the issue as so-called U.S. ally Saudi Arabia is moving to cut OPEC production to raise oil prices, defying Democrat President Joe Biden. During Tuesday's press briefing, Doocy…

Biden Demands Gas Stations Drop Prices amid Seventh Consecutive Day of Rises: ‘Do It Now!’

Democrat President Joe Biden is demanding that gas stations drop their prices as the United States records its seventh consecutive day of rises. During a White House meeting on Monday, Biden demanded that gas stations, banks, and cell phone services drop their prices to help consumers amid soaring inflation. The…

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…