Petroleum

President Joe Biden said on Wednesday that most Americans cannot understand the problems faced by the United States' supply chains, adding that 'not a lot of people' have a clear grasp of the networks and their implications.

Average gasoline prices in San Francisco rise to $4.75 a gallon: GasBuddy

The CEO of United Airlines has warned that prices for flights during the busy holiday season will spike. United Airlines CEO Scott Kirby said surging fuel prices are to blame for the upcoming travel prices that are expected to balloon.

Welcome to Insanity Wrap, your daily dose of the best of the worst. The Biden-China-Oil Connection is today’s big crazy.

Gas prices rose to the highest levels since 2014, amid increased demand and concerns about supply.

President Biden’s big government legislative agenda will kill 5.3 million jobs and generate $4.5 trillion in debt, according to a Monday study by the Texas Public Policy Foundation.

'Oil obviously has no alternative'

In the course of hectoring the United States for its “bungled and embarrassing withdraw from Afghanistan” on Thursday, China’s state-run Global Times admitted Beijing has a rapacious interest in Afghanistan’s vast rare-earths mineral resources and snarled it was none of America’s business if China makes deals with the Taliban to get what it wants.

Companies raise prices in response to higher labor costs, fanning inflation further

Congress 'relying on gimmicks and quirks of the budget scoring process'