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News & Articles By Arsenio Toledo
01/11/2023
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By Arsenio Toledo
Natural gas prices in Southern California SURGED 128% since December
Natural gas prices in Southern California have risen by 128 percent from December to January, natural gas supplier SoCalGas announced. SoCalGas’s announcement was published right before the New Year to warn customers in Southern California, including the Los Angeles metro area, that the surge in prices will go into effect on Jan. 1. (Related: Operators say […]
12/12/2022
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By Arsenio Toledo
Severe water shortages loom as American government fails to invest in water infrastructure
The United States’ water shortage situation is critical. More states could experience more severe water shortages in the future if droughts persist and if the government fails to invest in water infrastructure. During an appearance on the show “Liberty and Finance,” investment guru and financial expert Rick Rule discussed how this situation will only get […]
10/19/2022
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By Arsenio Toledo
Los Angeles desperately trying to meet water demand as drought continues to threaten future supplies
The city of Los Angeles is pushing for water independence as severe drought continues to wreak havoc throughout California. However, many projects to expand the city’s ability to capture, store and recycle water remain unfinished, with target dates for some major projects set as far as 2050. “It’s as low as I can remember it,” said […]
10/04/2022
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By Arsenio Toledo
Gas prices in Los Angeles County hits new record high of $6.466 – nearly double the national average
Gas prices in Los Angeles County hit a record high of $6.466 per gallon on the morning of Monday, Oct. 3. That price topped the previous record high of $6.462 per gallon set on June 14. The average price in the country is 62.6 cents more than a week ago, $1.202 higher than a month ago […]
09/01/2022
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By Arsenio Toledo
EV NIGHTMARE: California grid operator asks electric car owners to avoid charging their vehicles
As the current heatwave strains California’s already fragile power grid due to high temperatures and rising demand, the state’s utility grid operator is asking residents to avoid charging their electric vehicles. This announcement comes just one week after the state announced a ban on the sale of gas-powered cars by 2035. The California Independent System […]
07/26/2022
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By Arsenio Toledo
California regulator to investigate crypto companies for not disclosing risks of crypto lending activities
The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing cryptocurrency accounts as it begins an investigation into whether big players in this part of the crypto industry have broken the law. Without naming which companies, the DFPI stated that multiple businesses engaged in providing interest-bearing […]
07/13/2022
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By Arsenio Toledo
Cities in California are BANNING construction of new gas stations
Several cities in California have now banned the construction of new gas stations, claiming this is necessary to fight climate change. Los Angeles might be the next major city to pass a ban. The first city in California to ban the building of new gas stations was Petaluma, a small city of 60,000 in the […]
07/13/2022
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By Arsenio Toledo
California once again experiencing massive port congestion, number of ships waiting to dock approaching record highs
In a sign that the supply chain crisis was never fully resolved, the number of container ships waiting to offload their goods at the ports of Los Angeles and Long Beach are approaching record highs set last year. In late October last year, the ports of Los Angeles and Long Beach experienced record-breaking port congestion, […]
07/08/2022
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By Arsenio Toledo
Inflation relief stimulus checks handed out by states could fuel even more inflation
Some states are rolling out new inflation relief stimulus for their residents in the form of either checks or tax rebates. Critics of this measure are arguing that giving people free money will only keep inflation higher for longer. One such state is California, where Gov. Gavin Newsom just announced that some 23 million of its […]
06/17/2022
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By Arsenio Toledo
Federal government to make major cuts in water deliveries to Western states
The amount of water in the Colorado River’s reservoirs has declined to catastrophically low levels that a top federal water official believes it will be necessary to make major water cuts next year. Camille Calimlim Touton, commissioner of the Department of the Interior‘s Bureau of Reclamation warned the Senate during a hearing that federal officials now think that […]
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