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Nationwide Blackout Hits Syria After Gas Pipeline Bombed
Nationwide Blackout Hits Syria After Gas Pipeline Bombed A blackout has reportedly plunged all of Syria into darkness Friday into Saturday, with Syria’s state-run SANA announcing the nationwide power outage is due to an attack on a gas site and pipeline in southern Damascus. Into the overnight hours, electricity reportedly returned to much of the capital of Damascus, […]
Visualizing What’s Made From A Barrel Of Oil
Visualizing What’s Made From A Barrel Of Oil From the gasoline in our cars to the plastic in countless everyday items, crude oil is an essential raw material that shows up everywhere in our lives. With around 18 million barrels of crude oil consumed every day just in America, Visual Capitalist’s Niccolo Conte notes that this commodity powers transport, utilities, and is a vital ingredient in many […]
Fire At UK-France Subsea Power Cable Could Trigger Winter Blackouts
Fire At UK-France Subsea Power Cable Could Trigger Winter Blackouts A fire in a subsea cable has dramatically reduced power imports from France until March, U.K.’s National Grid Plc said, deepening the energy crisis that threatens winter blackouts for millions. The timing couldn’t be worse. Before the fire, the U.K. was already experiencing a five-year […]
Cat 1 Hurricane Nicholas Makes Landfall On Texas Coast, Multiple Nuclear Power Plants In Path
Cat 1 Hurricane Nicholas Makes Landfall On Texas Coast, Multiple Nuclear Power Plants In Path Hurricane Nicholas made landfall early Tuesday morning on the Matagorda Peninsula just south of Houston, Texas. Nicholas hit the area as a Category 1 but has since been downgraded to a tropical storm with maximum sustained winds of 70 mph. […]
Summer 2021 Hotter Than ‘Dust Bowl’ Of The 1930s, NOAA Says
Summer 2021 Hotter Than ‘Dust Bowl’ Of The 1930s, NOAA Says The National Oceanic and Atmospheric Administration (NOAA) confirmed in a new report that the average temperature during this summer for the contiguous U.S. was hotter than the Dust Bowl in the 1930s. The meteorological summer between June 1 to Sept. 1 averaged 74F for the U.S., or […]
Reporters May Face 14 Years In Prison For ‘Embarrassing’ UK Government Officials
Reporters May Face 14 Years In Prison For ‘Embarrassing’ UK Government Officials People who believe President Obama abused his powers by cracking on journalists are about to be even more shocked by new rules being implemented in the UK. According to the Daily Mail, journalists could face prison sentences of up to 14 years for stories that […]
Nord Stream 2 Pipeline Fully Completed – Russia Celebrates ‘Failure’ Of US Efforts To Stop It
Nord Stream 2 Pipeline Fully Completed – Russia Celebrates ‘Failure’ Of US Efforts To Stop It Russia’s state-controlled gas giant Gazprom has announced on Friday it has completed construction on the Nord Stream 2 Russia-to-Germany gas pipeline that the United States has long warred against through sanctions leveled by the Trump and Biden administrations. “Chairman […]
EU To Propose Exempting “Green” Bonds From Deficit And Debt Limit Calculations
EU To Propose Exempting “Green” Bonds From Deficit And Debt Limit Calculations Yesterday, the ECB announced that in Q4, it would “modestly lower the pace of net asset purchases under the PEPP than in the previous two quarters” (even as Lagarde scrambled to convince markets not to call it tapering) with Reuters sources adding that “policymakers set a monthly target of between […]
Ida Hit Crushes Crude Output In Gulf Of Mexico, Ranked Worst In 16 Years
Ida Hit Crushes Crude Output In Gulf Of Mexico, Ranked Worst In 16 Years Hurricane Ida’s disruption to the U.S. offshore energy production in the Gulf of Mexico is the worst in 16 years. It has already stressed domestic and global supply chains, further testing the Federal Reserve’s “transitory” inflation narrative. Gulf Coast hurricanes usually cause minor […]
The Electrical Grid Is Becoming Increasingly Vulnerable To Catastrophic Failure
The Electrical Grid Is Becoming Increasingly Vulnerable To Catastrophic Failure Future electricity systems must be made more resilient Prolonged blackouts in Louisiana following Hurricane Ida are a reminder the power grid needs to become more resilient as well as reliable if even more services such as electric vehicles are going to depend on it in future. The electricity system […]
OPEC+ Meeting Preview: Another 400k bpd Production Increase
OPEC+ Meeting Preview: Another 400k bpd Production Increase In today’s online meeting, OPEC+ is expected to agree to another production increase of 400,000 barrels per day, a move which is a continuation of the process of rolling back production cuts introduced in the depths of the Covid-19 crisis. The organization expects supplies to remain tight through […]
Hurricane Ida Exposes Grid Weaknesses As 2,000 Miles of High-Voltage Lines Damaged
Hurricane Ida Exposes Grid Weaknesses As 2,000 Miles of High-Voltage Lines Damaged More than a million customers across Louisiana are without power on Tuesday morning. Some reports indicate it could take weeks for the lights to come back on as thousands of miles of transmission lines were damaged after Hurricane Ida rolled through on Sunday. […]
“Extremely Dangerous” – Hurricane Ida Almost Category 5 Strength As It Nears Louisiana
“Extremely Dangerous” – Hurricane Ida Almost Category 5 Strength As It Nears Louisiana Hurricane Ida has rapidly strengthened into a major hurricane with maximum sustained winds of 150 MPH, just seven mph shy of a Category 5. The storm is set to strike Louisiana later this afternoon/evening, and on the same day, 16 years ago, […]
Germany Schnitzels Itself After Ditching Nuclear, Coal Power For Green Pipe Dreams
Germany Schnitzels Itself After Ditching Nuclear, Coal Power For Green Pipe Dreams As Germans continue to ‘enjoy’ the highest power bills in Europe, critics are warning that green energy solutions aren’t being deployed quickly enough amid the closure of its last nuclear reactor, and a sharp (and possibly early) reduction in coal electricity generation – putting the […]
