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IHS Market Warns Of “Armageddon” For US Propane Market 

IHS Market Warns Of “Armageddon” For US Propane Market  The expanding energy crisis is causing propane to rocket higher (read: here) as supplies dwindle to below seasonal levels as research firm IHS Markit Ltd. warns of “armageddon” during the Northern Hemisphere winter. IHS analyst Edgar Ang told attendees during a virtual presentation on Tuesday that US […]

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Winter Is Coming: Russia Signals No Extra Gas For Europe Without Nord Stream 2

Winter Is Coming: Russia Signals No Extra Gas For Europe Without Nord Stream 2 The big picture was clear to anyone who bothered to keep their eyes open: back in August, when we first reported that Russian supplies of nat gas via the Yamal pipeline had collapsed and when the first stirrings of the upcoming […]

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These Countries Are The Most Reliant On Coal

These Countries Are The Most Reliant On Coal Coal shortages are currently causing electricity supply problems in two major coal-using economies, India and China. As Statista’s Katharina Buchholz notes, shortages are happening because economic activity is picking up as coronavirus numbers have remained stable in most countries, while at the same time coal production is sinking due to weather […]

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After Rapid-Fire “Blame Putin” Headlines, European Commission Quietly Affirms Russia Is Not Manipulating Gas Market

After Rapid-Fire “Blame Putin” Headlines, European Commission Quietly Affirms Russia Is Not Manipulating Gas Market Putin earlier this week batted down as “utter nonsense” widespread accusations among Western media pundits that Europe’s energy crisis is due to the Kremlin using gas as a ‘geopolitical weapon’.  It now appears the European Commission is quietly agreeing with him. This as […]

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Huge Dock Worker Protests In Italy, Fears Of Disruption, As Covid ‘Green Pass’ Takes Effect

Huge Dock Worker Protests In Italy, Fears Of Disruption, As Covid ‘Green Pass’ Takes Effect Following Israel across the Mediterranean being the first country in the world to implement an internal Covid passport allowing only vaccinated citizens to engage in all public activity, Italy on Friday implemented its own ‘Green Pass’ in the strictest and first […]

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China Coal Prices Soar To Record As Winter Freeze Spreads Cross The Country

China Coal Prices Soar To Record As Winter Freeze Spreads Cross The Country One week ago we discussed why the “worst case” scenario for China’s property crisis is gradually emerging; to this we can now add that China’s worst case energy crisis scenario is also about to be unleashed as cold weather swept into much of the […]

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Producer Price Inflation Hits New Record High, Pricing Pressures Near ’70s Peak

Producer Price Inflation Hits New Record High, Pricing Pressures Near ’70s Peak After CPI’s “transitory”-narrative-busting rebound, analysts expected Producer Prices to accelerate even further into record territory and it did – jumping 0.5% MoM to a new record 8.6% YoY. Bothe prints were modestly below the expected levels (+0.6% MoM and +8.7% YoY respectively)… Source: […]

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Here is The Hidden $150 Trillion Agenda Behind The “Crusade” Against Climate Change

Here is The Hidden $150 Trillion Agenda Behind The “Crusade” Against Climate Change We now live in a world, where bizarro headlines such as the ones below, have become a daily if not hourly occurrence: *TREASURY TO STUDY IMPACT OF CLIMATE ON HOUSEHOLDS, COMMUNITIES *TREASURY LAUNCHES EFFORT ON CLIMATE-RELATED FINANCIAL RISKS *BRAINARD: CLIMATE-SCENARIO ANALYSIS WILL […]

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China To Ban Private Investments In Media As CCP Strengthens Grip On Narratives

China To Ban Private Investments In Media As CCP Strengthens Grip On Narratives The Chinese Communist Party (CCP) has begun laying the groundwork to ban private investments in media organizations, according to US-funded Radio Free Asia (RFA). Under proposed rule changes posted to its official website on Oct. 8, the State Development and Reform Commission (SDRC) said […]

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IMF Issues Global Stagflation Alert: Cuts Global GDP As It Warns Of Rising Inflation And “Dangerous Divergence”

IMF Issues Global Stagflation Alert: Cuts Global GDP As It Warns Of Rising Inflation And “Dangerous Divergence” In its latest World Economic Outlook report published on Tuesday morning, the International Monetary Fund voiced its starkest caution about stagflation yet, warning that the global economic recovery has lost momentum and become increasingly divided, even as it warned about rising […]

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China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt 

China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt  China’s top coal-producing region has been devastated by torrential rains and flooding this past week. About 9% of the coal mines in Shanxi province, an area responsible for producing 30% of China’s supply, have closed operations. The direct effect of […]

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Fertilizer Prices Hit Record Highs, May Pressure Food Inflation Even Higher

Fertilizer Prices Hit Record Highs, May Pressure Food Inflation Even Higher Fertilizer prices have risen to a record high in North America, threatening to boost food inflation even higher. Nitrogen products are increasing due to the cost of natural gas, which is used in the manufacturing process. The Green Markets North America Fertilizer Price Index […]

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India Faces Rolling Blackouts As Coal Shortage Forces Power Plants To Adopt Emergency Measures

India Faces Rolling Blackouts As Coal Shortage Forces Power Plants To Adopt Emergency Measures Due to a combination of factors – including environmentalists’ push for “green” energy like wind and solar, plus the COVID-inspired collapse in global supply chains leaving countries around the world desperate for badly needed energy supplies (from LNG to coal to […]

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Kemp: Forget Russian Intentions, Fundamentals Drove Up Europe’s Gas Price

Kemp: Forget Russian Intentions, Fundamentals Drove Up Europe’s Gas Price European policymakers and some traders blame Russia for the low volume of gas stored across the region which has sent both gas and electricity prices surging to record highs. Russia’s pipeline gas export monopoly Gazprom has met commitments for long-term contracts, its clients confirm. But […]

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US Heating Oil Supplies Lowest In Decades Ahead Of Winter

US Heating Oil Supplies Lowest In Decades Ahead Of Winter Americans are hoping the energy crisis in Asia and Europe won’t spread stateside. But industry insiders warn that winter blackouts across the US are possible as low fossil fuel stockpiles may lead to shortages amid heightened demand. The latest concern is ultra-low stockpiles of heating oil (distillate fuel […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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