U.S. East Coast Diesel Supply Is Running on Fumes
U.S. East Coast Diesel Supply Is Running on Fumes The horizon south of the Statue of Liberty is interrupted by the silhouettes of several oil-tank farms. New York harbor is the home of Wall Street and financial wizardry, but it’s also the place where old-school oil traders still buy and sell refined petroleum products the […]
SHTF! You HAVE TO HEAR What This TRUCKING INSIDER said to ME! PREP NOW!
SHTF! You HAVE TO HEAR What This TRUCKING INSIDER said to ME! PREP NOW!
Australia Shocks With Bigger Than Expected Rate Hike, As Lowe Admits Embarrassment At Being So Wrong
Australia Shocks With Bigger Than Expected Rate Hike, As Lowe Admits Embarrassment At Being So Wrong In our preview of what was expected to be Australia’s first rate hike since 2010, we said that consensus expects a 15bps rate hike to 0.25%, with a handful of bank still expecting a hold (including CBA, Goldman and […]
Why every American should care that diesel prices are surging across the country
Why every American should care that diesel prices are surging across the country The cost of diesel fuel impacts truckers and the entire economy. (Photo: JIm Allen/FreightWaves) Gasoline prices are increasing almost daily, pinching the wallets and pocketbooks of nearly all Americans with cars. However, as bad as that news is, diesel prices are surging […]
China and Russia are working on homegrown alternatives to the SWIFT payment system. Here’s what they would mean for the US dollar.
China and Russia are working on homegrown alternatives to the SWIFT payment system. Here’s what they would mean for the US dollar. Russian President Vladimir Putin and Chinese President Xi Jinping. Getty Images Some Russian banks have been banned from SWIFT, a cross-border messaging service for banks. India was reportedly considering a Russian proposal to use […]
The People Behind DHS’s Orwellian “Disinformation Governance Board”
The People Behind DHS’s Orwellian “Disinformation Governance Board” A “Disinformation Governance Board” has just been created and is going to be run by the Department of Homeland Security. Their primary goal is going to be to “police” what is deemed to be “misinformation” or “disinformation.” No clarification has been given as of yet as to […]
Shortages of a Few Items Now Will Evolve Into Shortages of Hundreds of Products Later in 2022
Shortages of a Few Items Now Will Evolve Into Shortages of Hundreds of Products Later in 2022
Container Shipping Supply Chain Faces The Deepest Crisis Ever As Massive Disruptions Emerge
Container Shipping Supply Chain Faces The Deepest Crisis Ever As Massive Disruptions Emerge
Food Shortages In Six Months – The Globalists Are Telling Us What Happens Next
Food Shortages In Six Months – The Globalists Are Telling Us What Happens Next In mid 2007 the Bank for International Settlements (The central bank of central banks) released a statement predicting an impending “Great Depression” caused by a credit market implosion. That same year the International Monetary Fund also published warnings of “subprime woes” leading to wider economic […]
The world has a major crude oil problem; expect conflict ahead
The world has a major crude oil problem; expect conflict ahead Media outlets tend to make it sound as if all our economic problems are temporary problems, related to Russia’s invasion of Ukraine. In fact, world crude oil production has been falling behind needed levels since 2019. This problem, by itself, encourages the world economy […]
Peak Oil Might Be Just Three Years Away, McKinsey Says
Peak Oil Might Be Just Three Years Away, McKinsey Says The energy transition continues to gain steam, with oil demand projected to peak in this decade – perhaps as soon as 2025, according to new research by leading global consultancy McKinsey & Company. McKinsey’s Global Energy Perspective research was launched at a time when global […]
Diesel In ‘Crisis’ Mode As Prices Break Records
Diesel In ‘Crisis’ Mode As Prices Break Records Diesel prices, the lifeblood of industry, have hit a record $5.16 per gallon, trending $1 per gallon higher than gasoline prices, with inventory shortages adding severe pressure and resulting in inflated prices for consumer goods. “While gasoline prices get much of the attention, diesel, which broadly is […]
The Gathering Stagflationary Storm
STEFANI REYNOLDS/AFP via Getty Images The Gathering Stagflationary Storm While recent shocks have made the current inflationary surge and growth slowdown more acute, they are hardly the global economy’s only problems. Even without them, the medium-term outlook would be darkening, owing to a broad range of economic, political, environmental, and demographic trends. NEW YORK – […]
Despite Soaring Prices the Oil Industry Stands To Lose
Despite Soaring Prices the Oil Industry Stands To Lose The true cost of energy is not measured in dollars Image source The days of Big Oil are numbered. Contrary to modern beliefs it is not going to be killed by the environmental movement, court decisions or conscious investment choices. There is a more hideous process […]
