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In Nord Stream attack, US sees ‘a tremendous opportunity’
In Nord Stream attack, US sees ‘a tremendous opportunity’ Without the now-exploded Nord Stream gas pipelines, Europeans fear “a winter of de-industrialization.” As US planners have long sought, the White House sees a “tremendous strategic opportunity.” (Swedish Coast Guard via Getty Images) The Baltic Sea bombing of the two Nord Stream gas pipelines “threatens to […]
Former Pentagon Advisor Says US Likely Attacked Nord Stream Pipelines to Isolate Germany
WORLD AT WAR Former Pentagon Advisor Says US Likely Attacked Nord Stream Pipelines to Isolate Germany “You have to look at who are the state actors that have the capability to do this.” Anadolu Agency via Getty Images A former Pentagon advisor says the most likely culprits behind the Nord Stream pipeline blasts are the […]
Revolution In Air As Brits Burn Power Bills Amid Historic Energy Crisis
Revolution In Air As Brits Burn Power Bills Amid Historic Energy Crisis Energy prices for millions of households across the UK rose on Saturday. Soaring power bills amid the worst cost-of-living crisis in a generation led to a continuation of growing discontent ahead of the dark winter. Thousands of Brits marched in London and other […]
Hyperinflation Hits Europe
Hyperinflation Hits Europe
The War Has Just Begun
The War Has Just Begun The Winter of Yuri “You should know, by and large, we haven’t even started anything yet in earnest.” I have been attempting for several days to collect my thoughts on the Russo-Ukrainian War and condense them into another analysis piece, but my efforts were consistently frustrated by the war’s stubborn […]
Russian Gas Stops Flowing To Italy After ‘Problem’ In Austria
Russian Gas Stops Flowing To Italy After ‘Problem’ In Austria Russian energy giant Gazprom PJSC suspended natural gas deliveries to Eni SpA, Italy’s largest oil company, on Saturday, reported Bloomberg. “Gazprom informed that it is not able to confirm the gas volumes requested for today, stating that it’s not possible to supply gas through Austria. Therefore, today’s Russian […]
Faced With ‘Acts Of Sabotage’, EU Countries Rush To Secure Energy Assets
Faced With ‘Acts Of Sabotage’, EU Countries Rush To Secure Energy Assets Multiple explosions under the Baltic Sea and the rupture of the Nord Stream pipeline system from Russia to Germany appear to be “sabotage,” NATO and EU officials said this week. A fourth leak was confirmed Thursday on the pipelines as EU countries are in overdrive to secure […]
The Curious Whodunit of Nordstreams 1 and 2
The Curious Whodunit of Nordstreams 1 and 2 The old world broke this week. It was blown up cynically by someone who thought this would advance their agenda the most. The act of vandalizing a major piece of physical infrastructure, targeting civilian populations, isn’t unprecedented in history, but it does signal that everything we thought […]
MuseLetter #349
MuseLetter #349 Dear subscriber, This month has seen the start of a historic and tragic invasion. In this month’s Museletter I’ve examined some of the Ukraine war’s likely implications for energy, economy, and geopolitics. Meanwhile, in a second piece Museletter maintains its gaze on an even bigger picture–what we humans are doing to the planet […]
Peak Oil Has Finally Arrived. No, Really
Peak Oil Has Finally Arrived. No, Really Those who have called a top in oil may finally be proven right as sharp global rate hikes hurt consumption. Is the sun setting on oil? Photographer: Jason Alden/Bloomberg I’ve rarely felt more trepidation about writing a column than this one. But here goes: After more than a century […]
Nord Stream Attack Updates
Nord Stream Attack Updates United States complicity seems increasingly to be an open secret. Radosław Sikorski, MEP, former Polish defence minister and husband of well-connected neoconservative intellectual Anne Appelbaum, has publicly thanked the United States for attacking the Nord Stream pipelines. Jim Geraghty, senior political correspondent for the American political journal National Review, has also praised the attacks […]
Lights out, ovens off: Europe preps for winter energy crisis
Lights out, ovens off: Europe preps for winter energy crisis An employee pushes bread rolls into one of the gas heated ovens in the producing facility in Cafe Ernst in Neu Isenburg, Germany, Monday, Sept. 19, 2022. Andreas Schmitt, head of the local bakers’ guild, said some small bakeries are contemplating giving up due to […]
An Oil Supply Shock May Be Imminent
An Oil Supply Shock May Be Imminent Oil demand has remained resilient in the face of a multitude of challenges. OPEC+ has fallen behind more than 3.5 million bpd on its output goals. The DoE has no immediate plans to start refilling the SPR. The risk of a supply shock grows as China’s economy re-opens […]
