Opeyemi Quadri The United States is the largest producer of crude oil accounting for 14.5% of world crude oil production in 2021, according to the U.S Energy Information Administration (EIA). From 1950 to 2022, U.S. crude oil production averaged 7643.54 barrels per day per thousand barrels, with a peak of 12860.00 in November 2019 and a trough … Read more
Various factors, such as the war between Russia and Ukraine have been pushing the prices of gas upwards in recent times. According to the U.S. Energy Information Administration (EIA), drivers paid an average of $3.65 per gallon in November 2022, which is 25 cents more than the same period last year. At the time of this … Read more
According to statistics, most car owners in the United States are over 60 years old. On the other hand, just around 0.88% of car owners in the country are in the category of 25-29 years old. Another data by the U.S. Census Bureau American Community Survey revealed that 8.45% of U.S. households don’t have access to … Read more
The US presidential system is unique in several ways – from how the cabinet is formed to the name ‘ministers’ are called, and how it is different from a parliamentary system. For instance, while many countries around the world refer to a member of the cabinet as a “Minister”, the US adopts “Secretary”. While “Ministries” … Read more
Today’s national average gas price in the United States is $3.006 per gallon, 0.087 cheaper than last week and fairer than what it used to be last month. Note: This article is updated weekly As the holiday season closes by, a lot of Americans who would love to travel and drive to another state for tourism, … Read more
The major reasons why Californians pay so much for gasoline include environmental programme costs, lack of refining infrastructure due to the isolated refining market of California, and taxes. In October 2022 while the cost of gas was almost $7 in Los Angeles and some cities in California, President Joe Biden sparked reactions through his controversial statement. … Read more
World Cup 2022 is here! 32 teams from 31 countries are competing in the world’s biggest football fiesta in Qatar started on Sunday, November 20 and will come to an end on Sunday, December 18, 2022. The host country, Qatar, was defeated in the opening, becoming the first host of FIFA World cup to lose … Read more
The disaster that rocked the FTX exchange caused damage to the trust the community have in cryptocurrency, though it may be a temporary one, it is a sad reminder of how Mt.Gox closed shop in a similar manner in 2014. In the next coming years, the trust in both founders Sam Bankman-Fried and Mark Karpeles … Read more
At 27 Samuel Bankman-Fried popular by his initials SBF, a son of a university professor launched a cryptocurrency exchange platform called FTX. Less than four years of operations, FTX exchange crumbled and the founder turned from being a public speaker – who everyone adored at blockchain seminars and conferences – to living nearly a ‘recluse’ life … Read more
From $1.72 on August 1, 2019, to an All-Time High of $85.02 three years after (September 9, 2021), the sudden collapse of FTX token (FTT), remains a mystery in the cryptocurrency market. Barely 14 months after its ATH, the price of FTX tokens is nearly back to where it started. It can be described as one … Read more