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Oil Likely To Hit $200: SEB Group

Oil Likely To Hit $200: SEB Group Oil prices are likely to soar past $200 per barrel if G7 manages to cap the price of Russian crude oil, according to chief commodities analyst at Swedish bank SEB Group. Bjarne Schieldrop, SEB analyst, said on Wednesday in no uncertain terms that the G7’s price capping proposal […]

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Germany Fears Russia Could Shut Nord Stream 1 Within Weeks

Germany Fears Russia Could Shut Nord Stream 1 Within Weeks The European Union has this week accused Russia of planning “rogue moves” regarding lowering natural gas flows to Europe, or in other words continuing to ‘weaponize’ its energy, to which the Kremlin has consistently responded with variations of ‘our gas, our rules’. This after Moscow has reduced Nord Stream […]

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Oops! U.S. oil and gas exports fuel domestic price rise

Oops! U.S. oil and gas exports fuel domestic price rise The U.S. oil and natural gas industry long fought for and in the last decade finally won release from federal restrictions that limited exports. The ostensible reason was that because of the so-called “shale revolution” in the country’s oil and gas fields, the United States […]

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Germany Elevates Risk Level In Its “National Gas Emergency Plan” To Second-Highest “Alarm” Phase

Germany Elevates Risk Level In Its “National Gas Emergency Plan” To Second-Highest “Alarm” Phase European natural gas and power prices surged after Germany triggered the “alarm stage” of its NatGas-emergency plan amid reductions in supplies from Russia, according to Reuters. German Economy Minister Robert Habeck said Europe’s largest economy is in a severe energy crisis. He warned Germany […]

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IEA: Europe Should Prepare For Complete Russian Gas Shutdown

IEA: Europe Should Prepare For Complete Russian Gas Shutdown IEA chief Birol said that Europe should prepare for a complete suspension of Russian gas supplies. Birol advised European governments to keep nuclear power stations running and take other contingency measures. Germany, Austria, and the Netherlands are restarting coal power plants. Europe should prepare for a […]

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European Power Prices Spike As Heat Dome Strains Grid 

European Power Prices Spike As Heat Dome Strains Grid  European day-ahead power prices continue to soar for the third day due to an early-season heat wave driving up cooling demand, lack of renewable energy generation, declining nuclear power, and soaring natural gas costs. Large swaths of Europe over the weekend experienced temperatures above 100 degrees Fahrenheit (38 Celsius). The […]

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What’s Really Happening in Ukraine? The Rules of Disinformation During Wartime

What’s Really Happening in Ukraine? The Rules of Disinformation During Wartime The front page from the Italian newspaper “La Stampa” on Oct 12, 1941. A good example of wartime propaganda.   War is a complicated story with plenty of things happening at the same time. Not for nothing there is the term “fog of war,” and […]

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What are our leaders doing?

What are our leaders doing? What force is powerful enough to synchronize every leader in almost every country to do the wrong thing on almost every covid action without assuming every leader is evil and/or stupid? Why has no one figured out what’s going on, including normally intelligent alt-media? Let’s assume that most of our leaders […]

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Australia invokes emergency powers to block coal exports in energy crisis

Australia invokes emergency powers to block coal exports in energy crisis Authorities permitted to keep supplies, if needed, after consumers told to turn off the lights Australian authorities have given themselves the power to block coal exports if the resource is needed to ease the country’s crippling power crisis in the latest measure taken to […]

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Germany Rations Gas Amid Russian Cuts, Mandates Return To Coal For Electricity Production

Germany Rations Gas Amid Russian Cuts, Mandates Return To Coal For Electricity Production German Vice Chancellor and Economy Minister Robert Habeck  said Sunday that the country will limit the use of natural gas for electricity production amid concerns about possible shortages caused by a cut in supplies from Russia. As a member of the environmentalist Green Party, Habeck pushed […]

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Oops! U.S. oil and gas exports fuel domestic price rise

Oops! U.S. oil and gas exports fuel domestic price rise The U.S. oil and natural gas industry long fought for and in the last decade finally won release from federal restrictions that limited exports. The ostensible reason was that because of the so-called “shale revolution” in the country’s oil and gas fields, the United States […]

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Did Europe’s Latest (& Little Noticed) Anti-Russia Move Just Push The World Closer To WW3?

Did Europe’s Latest (& Little Noticed) Anti-Russia Move Just Push The World Closer To WW3? Quite possibly the biggest Russia-West provocation of the entire four-month long war in Ukraine has occurred this weekend, but few in the media establishment seem to be taking notice of the singular event which has the potential to quickly spiral toward a […]

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Media: Why the Fed Raised 75 bps and How to Break the Davos Crowd

Media: Why the Fed Raised 75 bps and How to Break the Davos Crowd I sat down for a long chat with my good friend Crypto Rich over the weekend and have just found the 20 minutes to post them here. We did a series of videos, Duran-style, on a number of topics. They are […]

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Winter is coming: German agency head warns of gas shortages, bankruptcies, and massive price hikes that will send ‘shockwaves throughout the country’

Winter is coming: German agency head warns of gas shortages, bankruptcies, and massive price hikes that will send ‘shockwaves throughout the country’ Inflation is already taking its toll on the German economy, but next winter is now being described in near apocalyptic terms by one prominent German agency head A gas shortage and high prices […]

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Running on Empty, Part IV

Running on Empty, Part IV How the War between Russia and Ukraine is Destroying the Petrodollar System Welcome to Part IV of Running on Empty, my four-part analysis of the Petrodollar system. Part I of this series explained that the US dollar is the world’s first reserve currency that is not backed by precious metals. Instead it is […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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