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Oil, war and the fate of industrial societies

Oil, war and the fate of industrial societies The world teeters on the brink of economic disaster due to energy shortages caused by war. The main oil-producing nations are unable and unwilling to increase output, even though prices are high and threatening to go much higher. The solutions being proposed—electric cars and renewable energy technologies—are […]

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In Brief: OPEC and out, Prices up – inflation down, Constructive ambiguity, The essential difference, Pet cemetery, Another fuel

In Brief: OPEC and out, Prices up – inflation down, Constructive ambiguity, The essential difference, Pet cemetery, Another fuel OPEC and out The political fallout from the OPEC+ decision to cut its oil production target by two million barrels a day – which would leave the world economy around six million barrels a day short […]

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“This Is A Perfect Storm” – EU Leader Warns Of “Black Swans” Everywhere, Says ‘Propaganda Is Our Battlefield’

“This Is A Perfect Storm” – EU Leader Warns Of “Black Swans” Everywhere, Says ‘Propaganda Is Our Battlefield’ “This is a perfect storm,” exclaims European Commission Vice President Josep Borrell in his opening speech to EU Ambassadors this week. Having noted previously his warnings to The Fed that it is “bringing us to a world recession,” Borrell went considerably […]

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Are We on the Verge of World War 3? Here Are Some Facts We Know for Sure.

Are We on the Verge of World War 3? Here Are Some Facts We Know for Sure. Sometimes it is best to take a step back and look at the facts that we know without a doubt so that we can then take a look at the bigger picture. Within the context of World War […]

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NOPEC Bill Won’t Bring Oil Prices Down

NOPEC Bill Won’t Bring Oil Prices Down Washington responded angrily to OPEC+’s decision to cut output. U.S. legislators have suggested the introduction of a bill called NOPEC in order to reduce OPEC’s power. NOPEC could send oil prices higher and end the dominance of the petrodollar. “Nobody f*cks with a Biden,” said the U.S. president, […]

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Crude oil could hit $125 a barrel as Russia’s reaction to a US-led price cap threatens to squeeze supply, UBS says

Crude oil could hit $125 a barrel as Russia’s reaction to a US-led price cap threatens to squeeze supply, UBS says Oil prices are ticking upwards again after falling for the past three to four months. George Frey/Getty Images UBS expects oil will hit $125 a barrel if Russia reacts to a planned G7 oil price […]

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Germans told to stop whining, wear 2 sweaters and have candles and flashlights ready in case of blackouts this winter

Germans told to stop whining, wear 2 sweaters and have candles and flashlights ready in case of blackouts this winter Wolfgang Schäuble, former president of the German parliament, told Bild-TV that people should wear two sweaters this winter amid the energy crisis. Sean Gallup/Getty Images German politician Wolfgang Schäuble said on Bild-TV people should stop whining […]

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Anthony Blinken Raises The Pucker Factor On Dissent: Taibbi

Anthony Blinken Raises The Pucker Factor On Dissent: Taibbi After publishing “On John Lennon’s Birthday, a Few Words About War” last night, old friend and former Moscow Times editor Matt Bivens* and I discovered we’d written on the same topic. You can find Matt’s excellent essay here. He notes a big thing I missed. A series of ominous statements was […]

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Russia Launches Large-Scale Strikes On Some 20 Ukrainian Cities In Response To “Terrorist” Crimea Bridge Blast

Russia Launches Large-Scale Strikes On Some 20 Ukrainian Cities In Response To “Terrorist” Crimea Bridge Blast A series of major explosions rocked Kyiv and several locations across Ukraine on Monday, following Russian President Vladimir Putin blaming Ukrainian special services for the “terrorist” blast which partially disabled the Crimean bridge that links Russia to the peninsula. […]

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German government furious as ‘friendly countries’ charge ‘astronomical prices’ for gas

German government furious as ‘friendly countries’ charge ‘astronomical prices’ for gas Germany’s energy situation is dire, and the Nord Stream pipeline explosions have only worsened its geopolitical and economic outlook German Economy and Climate Minister Robert Habeck waits for the arrival of the Prime Minister of the Netherlands Mark Rutte at the foyer of the […]

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Escobar: Nord Stream 2 Offers Germany A Date With Destiny

Escobar: Nord Stream 2 Offers Germany A Date With Destiny The twists and turns of the Nord Stream 2 (NS2) saga have yielded yet another stunning game-changer… It started with Gazprom revealing that the Line B string of NS2 is intact; not only it escaped Pipeline Terror but may “potentially” be used to pump gas […]

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“Declaration Of War Without Rules”: Russian Officials Fume Over Crimea Bridge Blast As Ukraine Celebrates

“Declaration Of War Without Rules”: Russian Officials Fume Over Crimea Bridge Blast As Ukraine Celebrates Update(1435ET): Russia’s state Investigative Committee has put out a statement saying at least three civilians died as a result of the attack on the Crimean Bridge, which was likely a fertilizer-laden truck bombing. “According to preliminary data, three people died as a result of […]

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Kirch Strait Bridge Attacked

Kirch Strait Bridge Attacked The Kerch Strait Bridge after an apparent suicide truck bombing Saturday morning. A Major Escalation In The Ukraine War The Kerch Strait bridge was the only bridge connecting the Crimea peninsula to mainland Russia. Early on Saturday, the bridge was attacked, by what appears to have been a suicide truck bomb. […]

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Chris Hedges: ‘The Greatest Evil is War’

Chris Hedges: ‘The Greatest Evil is War’ Tomas was crippled for a war that should never have been fought. He was crippled for the lies of politicians. He was crippled for war profiteers. He was crippled for the careers of generals.  Excerpts from the author’s new book, The Greatest Evil is War. I flew to Kansas City […]

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Museletter #349: After the Ukraine Invasion

Museletter #349: After the Ukraine Invasion 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 […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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