Tag: Gas

The Massive Wealth Transfer That No One’s Talking About

Commentary  While inflation and skyrocketing rents have been grabbing the headlines, there’s a bigger story that’s going on. With the poor and the middle class being forced to pay more at the grocery store, the gas pump, and to their landlords, they’re lining the pockets of the wealthy. There is a huge wealth transfer occurring…


Team Biden’s Gas Inflation Disaster

Commentary The Democrats are in trouble—big, big trouble. Gas prices are up—way, way up. See the parallel? It’s been said that “it’s the economy, stupid.” Now the most obvious economic problem that Americans have is filling their tanks. So we can change the saying. It’s the gas, stupid. And gas prices won’t come down for…


Democrat Warns Biden Against Gas Tax Holiday

Rep. Earl Blumenauer (D-Ore.) has warned President Joe Biden against ordering a gas tax holiday, as other Democrats rally behind the plan as a way to bolster their image as gas prices continue to rise. According to the most recent Consumer Price Index from the U.S. Department of Labor, the price of gasoline has increased…


Huntington Beach Resident Found Dead in Death Valley After Running out of Gas

An Orange County resident was found dead in Death Valley National Park June 14 after running out of gas and walking in the scorching heat, authorities said. Park visitors driving along State Route 190 stumbled upon the body of David Kelleher, 67, of Huntington Beach around 2 p.m. on Tuesday. Kelleher’s body was found just…


Russian Gas Flows to Europe Fall, Hindering Bid to Refill Stores

LONDON—Russian gas supply to Europe via the Nord Stream 1 pipeline fell further on Thursday and Moscow said more delays in repairs could lead to suspending all flows, putting a brake on Europe’s race to refill its gas inventories. The faltering flows came as the leaders of Germany, Italy, and France visited Ukraine, which is…


‘Exhausted’ Gas Funds Sees Michigan Sheriff’s Dept Reduced to Managing ‘Non-Life Threatening’ Calls by Phone

Soaring gas prices across the United States have prompted a sheriff’s department in the state of Michigan to start handling non-urgent 911 calls for help over the phone as opposed to in-person. Isabella County Sheriff Michael Main in a statement on social media on June 7 said that he had instructed officers to handle calls for help…


Australian Gas Exporters Mostly Foreign Owned

Companies exporting gas from Australia are 95 percent in foreign hands, a new analysis from a think tank shows. The Australia Institute study has found seven out of 10 gas export projects are at least 90 percent owned internationally. The findings come as households and businesses face soaring gas prices fuelled by increased local and…


Average Cost for a Gallon of Gas Hits $5 for First Time in US History

The average price of a gallon of gas nationwide has hit $5 a gallon for the first time in history. The average price hit $5 on June 11, according to the American Automobile Association (AAA), which tracks prices. The average is as high as $6.43 in some states, including California, and as low as $4.46 in…


Russian Gas Deliveries to Europe via Main Routes Remain Steady

Russian gas delivery to Europe via the Nord Stream 1 pipeline across the Baltic Sea and through Ukraine remained stable on Friday morning, while eastbound flows rose along the Yamal-Europe pipeline to Poland from Germany, operator data showed. Flows to Germany through the Nord Stream 1 were at 62,085,568 kWh/h on Friday morning, similar to…


Nationwide Gas Prices ‘Surge’ Again, Hit Key Milestone for ‘First Time Ever’: GasBuddy

The average price for a gallon of regular gasoline reached $5, according to fuel analyst GasBuddy. In a news release on Thursday, GasBuddy noted that it’s the “first time ever” that U.S.-wide gas prices hit $5 per gallon. “Gas prices have surged in recent weeks as U.S. gasoline inventories have fallen over 25 million barrels,…