May 16, 2022

Fuel Prices in US Rising Faster Than Crude Amid Increased Exports to Europe

The price of fuel across the United States surged faster than crude oil prices in the last month, leaving Americans still paying more at the pump. The skyrocketing price of fuel comes as the United States has shipped more refined products like gasoline, diesel, and fuel oil, abroad to supply European markets following Russian President Vladimir Putin’s…

Australia’s Rural Land Prices Leap to Record Highs: Report

The prices of Australia’s farmland have soared by 20 percent in 2021, reaching the highest growth in 27 years. According to the Australian farmland value report (pdf) by Rural Bank, the median price of rural land increased over eight consecutive years with a total growth of 123 percent by 2021. It now stood at $7,087…

U.S. Crude Oil Inventories Plunge and Prices Jump as Climate Left Calls for End of Fossil Fuel Financing

U.S. crude-oil stockpiles plunged last week as a pick-up in refining was not matched by a pickup in extraction, which remains paralyzed due to pressure on banks and investors to cut off access to credit and capital for fossil fuel companies. Crude-oil inventories fell by 3.4 million barrels to 410 million barrels, according to data…

Bidenflation: Expected Prices Hikes Hit Record High in Dallas Fed Survey

Inflationary pressures in Texas ratcheted up even further in March, a survey released Monday by the Federal Reserve Bank of Dallas showed. The prices paid for raw materials index of the Dallas Fed’s monthly survey of manufacturers rose six-tenth of a point to 74, with 77.7 percent of respondents reporting that prices rose for the…

Sorry, Papa Pete: Tesla Raises Prices on All Models After Buttigieg Suggests Buying an EV to Combat Pain at the Pump

Elon Musk’s Tesla has increased the prices of its entire lineup of electric vehicles shortly after Transportation Secretary Pete Buttigieg promoted electric cars as a solution to high gas prices. The Verge reports that Tesla has raised prices across its entire vehicle lineup by between 5 and 10 percent. The cheapest Tesla vehicle, the Model 3 Rear-Wheel…

Let’s Take a Look at Gas Prices

(Larry Downing/Reuters) In announcing the ban on Russian oil imports today, President Biden called the rapid increase in gas prices that Americans have seen “Putin’s price hike.” Let’s just take a moment to look at the trend in gas prices recently. You can use your cursor to hover over the line to see the exact […]

Record gas prices: These pickups have the lowest fuel costs

Test drive: 2022 Ford Maverick hybrid The 2022 Ford Maverick hybrid is the lowest-priced Ford, pickup and hybrid you can buy today. Ride along as Fox News Autos Editor Gary Gastelu checks out the cheap truck. NEWYou can now listen to Fox News articles! Consumers looking to buy the most efficient vehicle don’t usually start […]

David Asman fact-checks Biden on rising oil and gas prices: It’s ‘just incorrect’

NEWYou can now listen to Fox News articles! FOX Business host David Asman fact-checked President Biden Tuesday, saying it is “incorrect” to say gas prices have spiked solely because of the Russian invasion of Ukraine. Asman joined “The Faulkner Focus” after Biden spoke at the White House announcing a ban on Russian oil imports. BLINKEN […]

White House Rejects Idea of Boosting Domestic Oil Production to Lower Gas Prices

The White House on Sunday rejected the argument that increasing domestic oil production would help lower gas prices, as the cost of oil moves toward record highs. Crude oil prices rose as high as $130.50 a barrel on Sunday evening. White House press secretary Jen Psaki released a set of talking points on social media,…

Russian economy and US oil prices up after Russian invasion | Wake Up America

NTD News Today Full Broadcast (Jan. 17)

The FBI identifies the British man who took hostages in Texas over the weekend. And UK police make two arrests in connection with the incident. Some hospitals across the U.S. close their emergency departments over a surge in COVID-19 cases. This comes as the Surgeon General speaks out against the Supreme Court striking down President…

Swedish Police Hunt for Drone Seen Flying Over Forsmark Nuclear Plant

A general view of a nuclear power plant in Forsmark, Sweden, on June 14, 2010. (Scanpix/Bertil Ericson/Reuters) STOCKHOLM—Police in Sweden deployed patrols and helicopters to the Forsmark nuclear plant to hunt for a large drone seen flying over the site late on Friday, but were unable to catch the unmanned vehicle, they said on Saturday.…

Is Microsoft’s Stock Overvalued or Undervalued?

Microsoft Corporation shares have outperformed the S&P 500 in the past year, generating a total return of 42 percent. Microsoft is still putting up impressive growth numbers. But with a $2.31 trillion market cap, some investors are wondering if there’s any value left in Microsoft stock. Earnings A price-to-earnings ratio (PE) is one of the…

South Koreans Rank the US Highest in Trustworthiness, China Lowest

A recent survey in South Korea showed that when it comes to trustworthiness, people put the United States at the top of the list and China at the bottom, indicating that most South Koreans want the county’s foreign policy to be centered around the United States instead of China. This year marks the 30th year since…

Bidenflation: Peloton to Hike Prices on Exercise Equipment Citing Rising Costs

Exercise equipment maker Peloton reportedly plans to increase the price of its original Bike and Tread products, citing rising inflation and heightened supply chain costs. One executive explained:  “Right now, people are raising prices. Ikea just raised prices. We want to go in the middle of the pack.” CNBC reports that the exercise equipment maker Peloton…

Eurozone Hits Record 5 Per Cent Inflation in December, Energy Prices Remain High

Inflation numbers in the Eurozone hit a record high of five per cent in a single month in December, topping the previous record set the month before as high energy prices are believed to be driving the trend. Data released this week revealed that the Eurozone, which encompasses every country that uses the euro currency,…

Report: Gas Prices Could Average $4 per Gallon Nationally by Late Spring

Gas prices could climb to a national average of $4.00 per gallon by late spring of 2022, according to a report by GasBuddy, a company that tracks fuel prices across North America. In a report published Wednesday morning, the company predicted that national gasoline prices could range anywhere between $3.52 – $4.06 per gallon next May,…

China’s Industrial Profit Growth Slows in November on High Raw Material Prices

Profits at China’s industrial firms grew at a much slower pace in November, the country’s statistics bureau said on Dec. 27, as still-high raw material prices, a faltering property market, and weaker consumer demand weighed on factories’ margins. Industrial firms’ profit growth decelerated to 9 percent year-on-year in November to 806 billion yuan ($127 billion)—the…

As Thanksgiving approaches, liberal news orgs sound alarm on rising food prices: ‘Everything is up’

Media top headlines October 26 In media news today, a Washington Post columnist knocks CNN over its coverage of Joe Rogan, President Biden jokes to school children about avoiding questions from reporters, and Terry McAuliffe got ‘agitated’ when asked about his panicking campaign by Axios A pair of liberal news organizations sounded the alarm that […]

Biden releases 50 million barrels of oil to lower gas prices | REPORT

Flashback–Democrats Cut Trump’s Replenishment of Oil Reserve when Prices Were Cheap: Strike a Blow to Big Oil 

In the final months of President Donald Trump’s presidency the Strategic Petroleum Reserve was in the spotlight as he tried to replenish it after years of neglect and at a time when oil was cheap. But the Democrats cut it out of a bill it was included in, claiming it was a hit on Big…

Dem Rep. Spanberger: ‘The Buck Stops with the President’ on Gas Prices

During a portion of an interview with Richmond, VA ABC affiliate WRIC on Tuesday, Rep. Abigail Spanberger (D-VA) said that while there are many things that contribute to increased gas prices, the ultimate responsibility falls on President Joe Biden and she’s “proud” to be among members of Congress sounding the alarm on the severity of…

Girl, 4, Woman, 55, Killed in Michigan House Explosion

FLINT, Mich.—A 55-year-old woman and a 4-year-old girl died in an explosion and fire that destroyed three homes in Michigan, damaged several others and sent debris falling onto a neighborhood, authorities said Tuesday. Three houses on Flint’s west side were fully engulfed in flames when firefighters arrived at the scene after 9:30 p.m. Monday. Officials…

Chargers Prevail in Wild Affair With Steelers

Justin Herbert #10 of the Los Angeles Chargers reacts after a win against the Pittsburgh Steelers at SoFi Stadium in Inglewood, Calif., on Nov. 21, 2021. (Kevork Djansezian/Getty Images) Justin Herbert threw for 382 yards and the game-winning touchdown pass Sunday night as the host Los Angeles Chargers (-2.5) blew a big fourth-quarter lead before…

UK Officer’s Widow Wins Fight to Toughen Sentencing for Killers of Emergency Workers

The widow of a British policeman who was killed after being dragged behind a getaway car has won government backing for mandatory life sentences for killers of emergency service workers. Police Constable Andrew Harper, 28, was killed while on duty in Berkshire, England, in August 2019. His three killers, Henry Long, 19, Albert Bowers, 18,…

2 Sisters Re-create an Adorable Photo From Their Childhood When They Played ‘Pregnant’

Two sisters got pregnant at the same time, enabling them to re-create an adorable childhood photo where they had balloons up their dresses, dreaming of becoming mothers. Bri Dietz, 35, and her sister, Chaulet Barba, 33, were ecstatic when they discovered they were both expecting. “It was so special to go through it together. It…

Despite Soaring Gas Prices, Gavin Newsom Denies Fracking Permits ‘in Droves’

California Gov. Gavin Newsom (D) is denying fracking permits to oil companies in the state “in droves” despite the ongoing surge in gas prices, the San Francisco Chronicle reports, accelerating a policy that was only to have taken effect in 2024. In April this year, as Breitbart News reported, Newsom announced that the state would end permits for…

Live: Gov. DeSantis signs bills preventing vaccine mandates from Brandon, Florida

Governor Ron DeSantis is in Brandon, Florida to sign legislation that would prevent workers from being required to get vaccinated against COVID-19. The votes …

Rep. Obernolte talks spending packages, energy prices and vaccine mandates on Newsmax

Granholm: Biden ‘Wants to See’ if Oil and Gas Prices Drop in Next Few Months, But Has Encouraged Production

On Monday’s broadcast of CNN’s “New Day,” Energy Secretary Jennifer Granholm stated that President Joe Biden has encouraged oil production to combat rising gas prices, and that Biden “wants to see” if projected decreases in oil and gas prices in the next few months are “going to be taking hold.” Granholm said that what tools…

Source: