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Coal Demand Booms Under Biden As Prices Hit 2009 Levels
Coal Demand Booms Under Biden As Prices Hit 2009 Levels US coal is experiencing a massive boom under President Biden despite the administration trying to kill fossil fuels by touting net-zero goals at the COP26 climate conference in Glasgow. On Monday, S&P Global Market Intelligence released data that showed prices for coal from Central Appalachia jumped more […]
Turkey On Verge Of Currency Collapse As Lira Implodes, Crashes 4% In Minutes
Turkey On Verge Of Currency Collapse As Lira Implodes, Crashes 4% In Minutes In recent weeks we have had our share of humorous hot takes on the current state of Turkey’s currency, which thanks to the “sage” economic despotism of the country’s authoritarian ruler has been in freefall for much of the past decade. folks, […]
Europe Braces For First Cold Winter Blast With Gas Prices Set To Spike Again
Europe Braces For First Cold Winter Blast With Gas Prices Set To Spike Again After months of rollercoaster moves in European nat gas prices as energy producers and traders jockeyed for position ahead of what could be a brutal winter, all bets are now off as Europe is set to get its first cold blast […]
White House Debates Immediate, ‘Radical’ Action To Lower US Energy Prices
White House Debates Immediate, ‘Radical’ Action To Lower US Energy Prices The Biden administration is actively debating whether to immediately intervene to lower US energy prices, rather than letting markets ride and hope they settle, as the ‘most popular president in history’ grapples with soaring inflation amid trade and foreign policy matters, according to Bloomberg. A […]
European Natgas Prices Tumble As Russian Pipeline Flows Finally Increase
European Natgas Prices Tumble As Russian Pipeline Flows Finally Increase European natural gas prices plunged Wednesday after signs Russian gas flows into Europe were increasing ahead of what’s expected to be a miserable winter of tight supplies and high energy costs. Dutch natural gas futures, the European benchmark, dropped as much as 12% to € 64.14 per […]
Why U.S. Shale Won’t Go To War With OPEC+
Why U.S. Shale Won’t Go To War With OPEC+ OPEC+ will be very happy with where oil prices currently are and is unlikely to change its course anytime soon The U.S. does have the ability to increase production, but U.S. shale does not have support from either the government or shareholders to boost production significantly […]
Biden Starts To Freak Out About Soaring Inflation, Orders Economic Council To “Reduce Energy Costs”
Biden Starts To Freak Out About Soaring Inflation, Orders Economic Council To “Reduce Energy Costs” When discussing today’s “shock” CPI report we said that it was just a matter of time before there is a wave of political blowback that will make the recent anti-democrat revulsion in Virginia and NJ seem like amateur hour. Specifically, […]
MSNBC Goes Full Clowntard: Gaslights That Inflation Is A “Good Thing”, Deletes Tweet After Angry Backlash
MSNBC Goes Full Clowntard: Gaslights That Inflation Is A “Good Thing”, Deletes Tweet After Angry Backlash While millions of Americans are suffering from runaway, galloping inflation everywhere (to avoid the dreaded “H” word that made Jack Dorsey every lib’s enemy #1) from the gas pump to the grocery store aisle – which of course affects low-income individuals […]
Farmers Wait Weeks For John Deere Parts As Strikes Paralyze Midwest Factories
Farmers Wait Weeks For John Deere Parts As Strikes Paralyze Midwest Factories Multiple John Deere dealerships report part delays for tractors and heavy equipment amid an ongoing strike of more than 10,000 members of the United Auto Workers union at 12 of Deere’s Midwest factories and facilities, according to Bloomberg. Dealerships note that customers face weeks-long […]
Biden Targets Another US Pipeline For Shutdown After ‘Begging’ Saudis For More Oil
Biden Targets Another US Pipeline For Shutdown After ‘Begging’ Saudis For More Oil Despite approval ratings in the toilet, President Biden and his administration are reportedly exploring the closure of yet another pipeline in a bid to shift the US away from fossil fuels and appease environmental activists. The move – shutting down the Line 5 pipeline which links […]
It’s The “Most Honest Market We Have” – Peter Thiel Warns Bitcoin Exposes Our Current “Crisis Moment”
It’s The “Most Honest Market We Have” – Peter Thiel Warns Bitcoin Exposes Our Current “Crisis Moment” Outspoken billionaire Peter Thiel said this week at at the National Conservatism Conference that the high price of bitcoin is an indicator of U.S. inflation, which has also recently touched a 13-year high. “You know, $60,000 bitcoin, I’m not sure that one […]
Janet Yellen Admits The “Net Zero” Grand Reset Price Tag Will Be $150 Trillion
Janet Yellen Admits The “Net Zero” Grand Reset Price Tag Will Be $150 Trillion For years, the climate change lobby was laser-focused on just one aspect of the “climate change” crusade: the end – which supposedly is some world where the temperatures no longer rise due to fossil fuel emissions (because we now live in […]
Saudis Respond To Biden: Your Energy Crisis Isn’t Our Problem
Saudis Respond To Biden: Your Energy Crisis Isn’t Our Problem US gas prices at the pump (national average) are at $3.421, having soared since President Biden was elected – much like they did when President Obama was elected – to some of the highest prices in history… President Biden refuses to take any blame for […]
Global Food Prices Hit Fresh Decade High In October
Global Food Prices Hit Fresh Decade High In October In October, global food prices continued climbing higher for the third straight month, hitting fresh decade highs, led by vegetable oils and cereals. Higher food costs contribute to more inflationary pressures for the working poor, central banks, and governments. The UN’s Food and Agriculture Organization’s food […]
Oil Jumps As Investors Expect Cartel To Balk At Biden’s Demands To Boost Output: OPEC+ Preview
Oil Jumps As Investors Expect Cartel To Balk At Biden’s Demands To Boost Output: OPEC+ Preview OPEC+, which meets later Thursday via video conference, has shown little signs it plans to waver from its plan to raise oil production gradually, despite pressure from senile presidents and consuming nations to temper high prices. The OPEC+ alliance’s […]
