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04/28/2022
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By Ethan Huff
Germany signals support for “gradual” EU ban on Russian oil after Moscow rejects gas payments from seized trading firm
For the first time, Germany says it is now ready to impose a “gradual ban” on Russian oil amid the ongoing conflict in Ukraine. After Russia refused to accept a payment from a trading firm that Germany seized from Moscow’s control following its invasion of Ukraine, the European Commission is escalating the situation further by […]
04/04/2022
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By JD Heyes
IT BEGINS: Russian gas giant halts shipments to Europe through key pipeline after German CEO warns of impending economic “catastrophe”
Economic fallout between Russia and the rest of Europe worsened on Saturday after a Russian energy giant decided to cut off natural gas to the continent that flowed through a major pipeline. The action by Gazprom to shut down the Yamal-Europe pipeline, a crucial artery for energy flows, came just a day after European countries […]
04/04/2022
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By News Editors
‘Rublegas:’ the world’s new resource-based reserve currency
Saddam, Gaddafi, Iran, Venezuela – they all tried but couldn’t do it. But Russia is on a different level altogether. (Article by Pepe Escobar republished from TheCradle.co) The beauty of the game-changing, gas-for-rubles, geoeconomic jujitsu applied by Moscow is its stark simplicity. Russian President Vladimir Putin’s presidential decree on new payment terms for energy products, predictably, was […]
03/29/2022
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By JD Heyes
Analysis warns that ongoing Western sanctions against Russia will lead to hyperinflation
An analysis of the West’s sanctions against Russia that was published last week is warning that the longer they continue, the better the chances the world will experience a cycle of hyperinflation that will lead to widespread food insecurity and massive unrest. The analytical report, published on Doug Casey’s International Man website, begins by noting […]
03/24/2022
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By Mary Villareal
Maryland and Georgia suspend gas taxes, other states to follow in effort to hide Biden’s inflation
Maryland and Georgia have halted their collection of gas taxes in an effort to hide the effects of Biden’s inflation from the American people. In Maryland, the emergency bipartisan legislation signed by Governor Larry Hogan will suspend the gas tax for 30 days and will save the residents 36.1 cents per gallon for diesel. Hogan said […]
03/16/2022
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By Arsenio Toledo
European countries mull increasing investment in fossil fuels to maintain energy security
European countries are considering increasing their investments in fossil fuels to maintain energy security. In recent years, many European countries – as well as nations in other parts of the world – have carried out programs to lessen the consumption of fossil fuels in favor of investing in more renewable energy sources like wind and solar. […]
03/10/2022
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By Ethan Huff
21 Key U.S. natural gas producers were hacked just before Ukraine invasion: a warning shot?
Back in mid-February just hours before Russia invaded Ukraine, nearly two dozen major natural gas suppliers and exporters were hacked. Among them was Chevron Corp., Cheniere Energy Inc., and Kinder Morgan Inc., according to reports. The attacks targeted companies linked to producing liquefied natural gas, or LNG, as part of a larger effort to infiltrate […]
11/19/2021
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By Mary Villareal
Americans face brutally cold, bitterly expensive winter as natural gas prices continue to rise
Americans are about to experience a brutally cold and bitterly expensive winter due to the questionable actions and decisions by President Joe Biden and his administration. At the CNN town hall in July, Biden said the chances of long-term inflation are slim. “The vast majority of the experts, including Wall Street, are suggesting that it’s highly unlikely that […]
11/10/2021
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By Mary Villareal
Elevated crude prices and uptick in demand cause gasoline prices to reach 7-year high
Gasoline prices in the United States reached a new seven-year high as elevated crude prices and an uptick in demand put upward pressure on prices at the pump. Gasoline demand rose to 9.5 million barrels per day, according to data from the Energy Information Administration (EIA). “The slight increase in demand has contributed to price increases, […]
11/03/2021
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By Mary Villareal
China faces gas shortage as Beijing seeks to conserve coal, diesel and other fossil fuels
Just two days after Beijing imposed price controls on its coal rationing, the country is facing another crisis: gas shortage. Many stations across the country are running out of diesel due to supply constraints. As the Chinese economy aggressively reopened following the Wuhan coronavirus (COVID-19) shutdowns, the supply of fossil fuels started to dwindle amidst […]
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