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News & Articles By Arsenio Toledo
06/21/2022
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By Arsenio Toledo
Germany to reopen coal-fired power plants as Russia throttles Europe’s gas supplies
The German government is planning to reopen several coal-fired power plants as the country’s energy supply continues to be strangled by Russia. Germany’s energy troubles began when the country followed the United States and most of the West in passing economic sanctions against Russia and providing military support for Ukraine. Russia retaliated by cutting gas supplies […]
06/20/2022
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By Arsenio Toledo
Concerns regarding use of forced labor in manufacturing process hampering future of solar power
More and more households, businesses and municipalities in the United States and across the world are opting to transition to using solar as their primary source of energy. But many manufacturers of solar panels that make it possible to harness energy put out by the sun are becoming increasingly concerned about the future of this renewable […]
06/17/2022
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By Arsenio Toledo
Illinois electricity prices surge by as much as 50% just as risk of brownouts rises
Electricity prices in Illinois are rising by as much as 50 percent. To add to this crisis, the risk of brownouts all over the state is also increasing. Richard Mark, chairman and president of Ameren, which supplies electricity to much of Southern and Central Illinois, recently wrote in an opinion piece that the “typical residential […]
06/15/2022
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By Arsenio Toledo
Why hydrogen fuel is not a good long-term alternative to fossil fuels
Climate activists looking for alternatives to fossil fuels are turning increasingly to hydrogen fuel, a supposedly more sustainable power source for vehicles. But what they don’t realize is that hydrogen fuel has significant downsides that make it unlikely to ever be a viable alternative. Francis Menton, writing for the Manhattan Contrarian, called one of the key […]
06/10/2022
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By Arsenio Toledo
National average price of gas breaches $5 per gallon mark for the first time in American history
America is going through an apocalyptic surge in gas prices. For the first time in the nation’s history, the national average price of a gallon has breached the $5 mark. This is according to GasBuddy, a crowdsourced real-time gas price reporting platform, which also first reported back on March 7 that America broke the previous […]
06/10/2022
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By Arsenio Toledo
Soaring diesel prices are hammering the trucking industry, leading to more inflation on nearly everything
The uncontrollable surge in oil prices is starting to limit the ability of truckers to do their job, leading to more inflation. Data collected by the Associated Press shows that diesel prices have increased by approximately 70 percent since last year. This has severely impacted the ability of many truck companies to do their work, with many […]
06/09/2022
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By Arsenio Toledo
Interest rate hikes and Biden refusing to increase oil production will make America’s economic woes EVEN WORSE
A billionaire oil refiner has warned that America’s economic crisis could get worse, especially if the Federal Reserve keeps increasing interest rates and President Joe Biden doesn’t increase oil production. John Catsimatidis, CEO of supermarket chain Gristedes and chairman of the Pennsylvania-based oil company, the United Refining Company, warned that the Federal Reserve’s choice to […]
06/07/2022
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By Arsenio Toledo
Electricity prices expected to rise significantly this summer
As the energy and inflation crises continue to wreak havoc on the United States, Americans are being forced to use up larger portions of their paychecks to pay their electric bills – and it’s likely to get worse over the summer. According to the Energy Information Administration (EIA), in 2021 average residential electricity prices rose by 4.3 […]
06/07/2022
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By Arsenio Toledo
EU’s embargo on Russian oil will cause oil prices to skyrocket – but Russia will be largely unharmed
The European Union (EU) has just agreed to a partial ban on Russian oil imports. This ban, once fully implemented, is expected to cause oil prices to skyrocket. But Russian officials say the embargo will leave them relatively unscathed. The EU relies on Russia for more than 25 percent of its oil and 40 percent of […]
06/07/2022
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By Arsenio Toledo
Price of gas has more than doubled since Biden’s first day in office
The average price of gas in the United States has more than doubled since President Joe Biden’s first day in the White House in Jan. 2021. On Jan. 20, 2021, Biden’s inauguration day, the average price per gallon of gas was approximately $2.39. As of Saturday, June. 4, the average price for a gallon of gas is at […]
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