The Real Reason Why Oil And Gasoline Prices Are Increasing

There are various theories as to why oil and gasoline prices have risen so dramatically. Some viewpoints are founded on facts, while others just repeat media-skewed sound bites. Where is the truth to be found? Oil and gas pricing is a complicated problem. What is the source of such exorbitant pri...

When petrol stations in Washington run out, plan on paying $10 per gallon

According to a report, gas stations in Washington state are changing their price boards to handle double digits in anticipation of fuel costs potentially hitting $10 per gallon.

According to the Post Millennial, the move comes after several petrol stations in the Evergreen State ran out...

The Escalating Prices of Fuel Prove to Have Adverse Effects on Governments with Upcoming Elections

The rise in gasoline prices is increasing inflation, and governments and central banks are getting headaches because of this, globally. There are elections coming up in many countries and they severely oppose the idea.

While an excellent example of the effect of the rising fuel prices o...

CHINA’S GASOLINE EXPORTS ROSE IN JAN-FEB 2021 BY 30.1 PERCENT

Highlights –

• China’s gasoline exports rose in Jan-Feb 2021 by 30.1 percent.
• In Jan-Feb gasoline shipments were 3.54 million tonnes.
• In the reporting month, diesel exports fell by 0.9% to 3.44 million tonnes.
• As of Fri...

JAPAN GOVT. REPORTS A 1.0 PERCENT DROP IN THE DEC. CONSUMER PRICE INDEX

Highlights –

• Japan govt. reports a 1.0 percent drop in the Dec. consumer price index.
• In 2020, the core CPI dipped 0.2 percent on average.
• In December, electricity bills fell 7.9 percent and gas bills at 9.5 percent.
• Accomm...

INDIA PLANS 20% ETHANOL-BLENDING WITH GASOLINE

HIGHLIGHTS

• India is planning to achieve 20% ethanol-blending with gasoline.
• The government wants to achieve the target by 2025.
• The new plan is meant to reduce India‘s dependence on imported oil.

India is planning to...

RENAULT AIMING FOR POLE POSITION WITH ELECTRIC MODELS

In the world’s largest automobile market vis a vis China, Renault has taken a deliberate stance of phasing out its gasoline models and throwing its might behind Light Commercial vehicles and electric cars.

The car maker Renault announced on Tuesday that it would sell its 50 % stak...

Protests in Iran against the increase in fuel prices are a sign of further turmoil.

Even among the hard-liners in Iran, there seems to be recognition of one fact after widespread protests, violence and a crackdown on security forces following the spike in government price of gas.

As Iran strives to crush the US sanctions as a result of the unilateral withdrawal of Amer...