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It’s Not Just High Oil Prices. It’s a Full-Blown Energy Crisis.
It’s Not Just High Oil Prices. It’s a Full-Blown Energy Crisis. In Peru, protests that began in March against rising fuel and fertilizer costs spread throughout the country.Credit…Sebastian Castaneda/Reuters Americans are worrying about their gas prices. Germans are turning down their heating. Peru has seen violent protests — and a violent crackdown on them — over […]
Arizona’s Top Water Official: “We’re Going To Have To Live With Less Water”
Arizona’s Top Water Official: “We’re Going To Have To Live With Less Water” Following the U.S. Department of the Interior’s call to limit water deliveries from Lake Powell, Arizona’s top water official warned of an impending water crisis that could affect the drinking water for millions of people. “This is really getting to (be) a health and […]
3 Factors Which Are About To Make The Coming Food Shortages Even Worse
3 Factors Which Are About To Make The Coming Food Shortages Even Worse A confluence of circumstances has come together to create a “perfect storm” for global food production, and now that “perfect storm” is about to get even worse. For months I warned that this crisis was coming, and in recent weeks I have […]
Feds Weigh Emergency Actions As Lake Powell Hits Historic Low
Feds Weigh Emergency Actions As Lake Powell Hits Historic Low The megadrought in the US West continues to wreak havoc as Federal officials weigh reducing water deliveries downstream on the Colorado River to prevent shuttering of a massive dam that provides power to millions of people, according to AP News. Last month, Lake Powell dropped to […]
Black Swan Event? Top US Fertilizer Producer Hit With Rail Delays To Midwest
Black Swan Event? Top US Fertilizer Producer Hit With Rail Delays To Midwest A fertilizer supply shock is imminent for US farmers as CF Industries Holdings, Inc. warned Thursday that rail shipments of crop nutrients would be reduced to top agricultural states, which couldn’t come at the worst time as the Northern Hemisphere spring planting season is […]
There is Going to Be a New World Disorder
THERE IS GOING TO BE A NEW WORLD DISORDER “There is gonna be a new world order out there and we’ve gotta lead it! And we gotta unite the rest of the world in doing it!” That is what Biden proclaimed in a recent speech. But since Biden has a tendency to get his speeches […]
For Freak’s Sake, People, Even the Crash Test Dummies Are Nervous
For Freak’s Sake, People, Even the Crash Test Dummies Are Nervous Those trusting the Fed to be visibly weak, corrupt and incompetent forever might be in for an unwelcome surprise. When even the crash test dummies are nervous, it pays to pay attention. Being in a mild crash isn’t too bad if all the protective devices […]
Implications of Refinery closures for Homeland Security & critical infrastructure safety
Implications of Refinery closures for Homeland Security & critical infrastructure safety Preface. The talk of electric vehicles saving the world from greenhouse gases is nonsense, a red herring to distract everyone from what’s really at stake, and from the material requirements to build them with rare earth and other scarce minerals, and the immense amount […]
Countdown to U.S. Government Default
Countdown to U.S. Government Default Central Bank Digital Currencies (CBDC) are coming. And they’re coming much faster than most people care to think about. Are you ready? At the moment, roughly 90 central banks – including the European Central Banks and the Federal Reserve – are either experimenting with, or are in varying stages of CBDC implementation. […]
Easier said than done: National self-sufficiency in a changed world
Easier said than done: National self-sufficiency in a changed world In the wake of a rapidly evolving realignment of the world trading system resulting from the economic equivalent of World War III, President Joe Biden last week took the first of what are likely to be many steps toward building greater self-sufficiency for the United States. […]
Desperation And Austerity Hit Global Energy Markets
Desperation And Austerity Hit Global Energy Markets We are starting to see the makings of energy curtailments in Europe – an exceedingly unpopular step that governments would be unlikely to take if there were any other choice, highlighting the acute desperation that exists over oil and gas supplies. Another signal of this desperation is Biden’s […]
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 […]
Nightmare Scenario: Operational Miscalculations Could Trigger Nuclear War
Nightmare Scenario: Operational Miscalculations Could Trigger Nuclear War Since Russia’s invasion of Ukraine on Feb. 24, Defense Secretary Lloyd Austin and Gen. Mark A. Milley, the Chairman of the Joint Chiefs of Staff, have tried to set up phone calls with Defense Minister Sergei Shoigu and Gen. Valery Gerasimov but the Russians “have so far declined […]
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 […]
“Gas Stations Will Run Dry”: Catastrophic Scenario For Diesel Emerging According To World’s Biggest Energy Traders
“Gas Stations Will Run Dry”: Catastrophic Scenario For Diesel Emerging According To World’s Biggest Energy Traders While the world has been obsessively focused on crude oil and gasoline in recent weeks, we instead alerted readers to a far more dire scenario playing out in diesel, a source of energy which is absolutely critical in keeping […]
