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Gas prices in LA County reach their highest level since October 2023.

Gas prices in LA County reach their highest level since October 2023.

Gas prices in Los Angeles County have hit alarming levels, with the cost per gallon now surpassing figures not seen in almost three years. As of Friday, the average price for a gallon of regular gasoline climbed 3.7 cents to $6.141, marking the highest rate since October 2023, according to data from AAA. Prices have […]

National average price for regular gas rises by approximately 33 cents in one week

National average price for regular gas rises by approximately 33 cents in one week

Gas Prices Surge Amid Ongoing Tensions with Iran The national average price for regular gasoline in the U.S. saw a significant increase, rising more than 9 cents overnight, from $4.30 on Thursday to $4.392 on Friday. This new figure is $0.333 higher than the average price of $4.059 a week prior. It’s worth noting that […]

China Reports Significant Discoveries of Domestic Oil and Gas Fields

China Reports Significant Discoveries of Domestic Oil and Gas Fields

On Wednesday, the Chinese Communist Party revealed that it has greatly broadened the understanding of the country’s oil and gas reserves, announcing the discovery of 225 “large and medium-sized crude oil and natural gas fields” from 2021 to 2025. Despite being the largest oil importer globally and facing high demand for fuel, China lacks enough […]

National average price of regular gas rises sharply amid ongoing Iran conflict

National average price of regular gas rises sharply amid ongoing Iran conflict

Rising Fuel Prices Impacting Small Businesses Spero Georgedakis, the CEO and founder of Good Greek Moving and Storage, recently appeared on “Mornings with Maria” to share insights on the current fuel crisis. Diesel prices are hitting record highs, which is significantly affecting truckers, moving companies, and small businesses alike. The national average price for regular […]

How the UAE’s surprising withdrawal from OPEC might lower gas prices

How the UAE's surprising withdrawal from OPEC might lower gas prices

UAE to Exit OPEC Starting May 1 The United Arab Emirates has announced its decision to leave OPEC effective May 1, a move that could significantly impact the global oil market and potentially lead to decreased gasoline prices. While officials haven’t specified the reasons for this withdrawal, it’s clear the country’s energy sector has faced […]

Politicians Seek to Burden Americans Further as Gas Prices Hit Wallets Hard

Politicians Seek to Burden Americans Further as Gas Prices Hit Wallets Hard

As Americans deal with skyrocketing prices amid the global oil crisis, some lawmakers in Alaska seem poised to exacerbate the situation. The state is currently discussing a tax increase on specific oil and gas companies, which could raise energy prices further and deter investment. The proposed change stems from a Democratic-backed amendment to a House […]