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Live: UK Oil Infrastructure Shut Down
Live: UK Oil Infrastructure Shut Down
Organizing Across State Lines to Stop a Pipeline
Organizing Across State Lines to Stop a Pipeline Activists protest against the construction of the Mountain Valley Pipeline at the United States Capitol on Friday, October 15, 2021. PHOTO BY TOM WILLIAMS/CQ-ROLL CALL, INC VIA GETTY IMAGES Activists in Tennessee, North Carolina, and Nebraska are proving that building collective community power can successfully counter Big […]
German Chemical Giant Warns Of “Total Collapse” If Russian Gas Supply Cut
German Chemical Giant Warns Of “Total Collapse” If Russian Gas Supply Cut CEO of Germany’s multinational BASF SE, the world’s largest chemical producer, has warned that curbing or cutting off energy imports from Russia would bring into doubt the continued existence of small and medium-sized energy companies, and further would likely spiral Germany into its most […]
Germany Scrambles To Ration Gas After Refusing To Make Payments In Rubles
Germany Scrambles To Ration Gas After Refusing To Make Payments In Rubles Now that Moscow has doubled down on its demands that its European “partners” pay for its oil and gas in rubles instead of euros (which, as the bloc already demonstrated, can be easily confiscated in the name of “sanctions”), the German government is digging […]
Farmers on the Brink
Farmers on the Brink “Farming looks mighty easy when your plow is a pencil and you’re a thousand miles from the corn field.” – Dwight D. Eisenhower It was a spooky time to be out at sea off the US East Coast on Halloween in 1991. A strong storm system over the maritime provinces in […]
No one will win in the Russia-Ukraine conflict
No one will win in the Russia-Ukraine conflict Most people have a preconceived notion that there will be a clear winner and loser from any war. In their view, the world economy will go on, much as before, after the war is “won” by one side or the other. In my view, we are basically […]
Kremlin Threatens To Halt Supplies As G7 Ministers Reject “Unacceptable” Demand To Pay For Gas In Rubles
Kremlin Threatens To Halt Supplies As G7 Ministers Reject “Unacceptable” Demand To Pay For Gas In Rubles Update(9:01ET): Russia on Monday has issued a firm and unyielding response to G-7 ministers who had dismissed as “unacceptable” its plan to only accept ruble payments for Russian gas going to “unfriendly” nations. Earlier Monday German Economy Minister Robert Habeck […]
Rationing Looms As Diesel Crisis Goes Global
Rationing Looms As Diesel Crisis Goes Global Russian refiners cut processing rates of diesel fuel. Already tight diesel supply is getting even tighter. Vitol’s chief executive Hardy: diesel supply shortage could trigger rationing in Europe Earlier this week, Vitol’s chief Russell Hardy warned that a diesel shortage could trigger fuel rationing in Europe. Now, those […]
Sand for fracking is now 3 times as expensive as it was last year, and it’s one of several reasons US oil production isn’t increasing
Sand for fracking is now 3 times as expensive as it was last year, and it’s one of several reasons US oil production isn’t increasing A hydraulic fracturing manager holds a mixture of sand and water which is pumped down the pipes at a shale gas site in the UK. Peter Powell/Reuters Russia’s invasion of Ukraine […]
Demand Destruction Has Begun
Demand Destruction Has Begun One month ago, Brent jumped above $100/bbl for the first time in eight years as Russia executed a full-scale invasion of Ukraine, and it became clear that western governments would impose sanctions. The oil market has been in triple digits for practically the entire time since. And, after a month of […]
The Tortuous Way to Nuclear Fusion
The Tortuous Way to Nuclear Fusion Newspapers make you think that nuclear fusion for electricity production is within reach and that, unlike fission, it is cheaper, cleaner, and safer. Okay, it’s not online yet, it is argued, but it’s up to us how fast it will supply useful energy. Things appear more complicated than that […]
“Stock-Outs” Begin: Austrian Energy Giant Limits Diesel Spot Sales Until Further Notice
“Stock-Outs” Begin: Austrian Energy Giant Limits Diesel Spot Sales Until Further Notice Earlier this week, we quoted the heads of some of the world’s biggest independent energy trades, who spoke at the FT Commodities Global Summit in Lausanne, Switzerland and unveiled a dire forecast for the diesel market: “The thing that everybody’s concerned about will be diesel […]
EU Considers Massive 100 Billion Euro Energy Relief Fund For Companies
EU Considers Massive 100 Billion Euro Energy Relief Fund For Companies Europe faces an unprecedented energy crisis that requires extraordinary policy action, such as a possible 100 billion in relief funds to businesses hit the hardest by soaring energy prices. Bloomberg cites MF daily that said the European Union on Wednesday is considering a massive 100 […]
Oil shocks and the potential for crisis U.S. House 2007
Oil shocks and the potential for crisis U.S. House 2007 Preface. U.S. Congressional hearings have boasted of America’s energy independence for several years. For those of you with a longer view, and doubts about the shale “fracked” oil revolution, here’s a house hearing about oil dependence. Much of the testimony revolves around an exercise called […]
Largest California Refinery Hit With Strike Amid Record-High Gas Prices
Largest California Refinery Hit With Strike Amid Record-High Gas Prices Hundreds of Chevron Corp. refinery workers in the San Francisco Bay Area went on strike Monday following a breakdown in talks between the oil major and the United Steelworkers (USW) union on a contract agreement. At least 500 workers at a gasoline, diesel, jet fuel, […]
