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“Dangerous Game”: Chevron Warns California That Anti-Petrol Policies Could Result In Gas Price Spikes, Shortages
“Dangerous Game”: Chevron Warns California That Anti-Petrol Policies Could Result In Gas Price Spikes, Shortages Chevron is warning the state of California that its climate policies have consequences: namely, that the price of gas is going to continue to rise. Calling the state’s policies a “dangerous game”, it was reported by Bloomberg this week that Chevron is […]
The Shortages Are Coming
The Shortages Are Coming Do you remember in early 2020 when they told us that the shortages that we were experiencing would just be temporary? Of course some of them were, but then more shortages just kept on erupting. That wasn’t supposed to happen, and now it appears that our supply chain problems could potentially […]
As Fuel Prices Poised to TRIPLE, EU Mulls Rationing Gas Across Bloc Monday
As Fuel Prices Poised to TRIPLE, EU Mulls Rationing Gas Across Bloc Monday The European Union (EU) is going down in flames as its fuel taps from Russia run dry. Issues related to the war in Ukraine have resulted in no more gas flowing through the Nord Stream 1 (NS1) pipeline and soon-to-be tripled gas prices across Europe. To avoid what […]
Germany Plans ‘Warm Up Spaces’ in Response to Gas Shortages
Germany Plans ‘Warm Up Spaces’ in Response to Gas Shortages Sports arenas to be used to help people who can’t pay skyrocketing energy bills. picture alliance via Getty Images Cities across Germany are planning to use sports arenas and exhibition halls as ‘warm up spaces’ this winter to help freezing citizens who are unable to […]
Truckers warn skyrocketing diesel prices are making US supply-chain and trucking industry unsustainable
Truckers warn skyrocketing diesel prices are making US supply-chain and trucking industry unsustainable Truck passes sign at Flying J Truck Stop in Pearl, Miss., in April. The trucking industry offsets diesel prices through a fuel surcharge, which is calculated through a base rate that is usually added to a shipper’s freight bill.AP Photo/Rogelio V. Solis […]
Bankrupt Sri Lanka Takes Russian Crude As Fuel Crisis Depletes Stocks, Mulls Loan From China
Bankrupt Sri Lanka Takes Russian Crude As Fuel Crisis Depletes Stocks, Mulls Loan From China A foreign exchange shortage has resulted in the worst financial crisis Sri Lanka has ever endured, with shortages of everything from food to crude. Fuel supplies are down to just days, food has run out at supermarkets, and social-economic chaos has unfolded […]
Supply chains are never returning to ‘normal’
Supply chains are never returning to ‘normal’ Global supply chains are in flux. (Photo: Unsplash/Cameron Venti) The conventional wisdom at this time is that most of the world has moved on from the pandemic (except for China); therefore, supply chains will return to “normal.” Unfortunately, this is not the case. The world has permanently changed […]
Just a hint from the mainstream that limits precipitate rising oil prices
Just a hint from the mainstream that limits precipitate rising oil prices Last week a Bloomberg writer at the very end of an article explained that the “only solution” to high gasoline and diesel prices is recession. While I would not accuse the writer of advocating degrowth—this would be too radical for a mainstream business publication—his […]
Shortages of a Few Items Now Will Evolve Into Shortages of Hundreds of Products Later in 2022
Shortages of a Few Items Now Will Evolve Into Shortages of Hundreds of Products Later in 2022
Asian country rations fuel
Asian country rations fuel Sri Lanka’s government has been under fire over shortages in food, fuel, and other essential goods Auto rickshaw drivers queue up to buy petrol near a fuel station in Colombo, Sri Lanka, April 13, 2022 © AP / Eranga Jayawardena Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) on Friday started rationing […]
What If It Breaks?
What If It Breaks? Making your entire economy a Landfill Economy dependent on the fantasy of infinite replacements and substitutions is the height of hubris and folly. Very few people ask: what if it breaks? It’s a question we can ask of a great many things: touchscreens, motherboards, tools, vehicles, supply chains and entire systems: what if it […]
“Energy Shortages Could Threaten Social Cohesion”: Germany Warns Against Ban On Energy Imports From Russia
“Energy Shortages Could Threaten Social Cohesion”: Germany Warns Against Ban On Energy Imports From Russia At a time when US officials are saying virtually every day that the US is in “active discussions” to ban Russian oil imports, Germany’s economy minister said that while he regrets the country is still dependent on imports from Moscow, […]
The Total Collapse in Confidence of Government on Every Level
The Total Collapse in Confidence of Government on Every Level QUESTION: Greetings! You have said “they” want the economy to turn down, this is their goal with all the lockdowns. So now you say that if the economy has a low after March it will mean a decline into 2023. Does this mean “they” are […]
“I’ve Never Seen A Market Like This”: Goldman Sees Shortages Of Everything, “You Name It, We’re Out Of It”
“I’ve Never Seen A Market Like This”: Goldman Sees Shortages Of Everything, “You Name It, We’re Out Of It” It’s probably not the endorsement Biden’s flailing administration wanted. In a time when social networks have been swamped with photos of empty shelves from across the nation, Goldman’s head commodity strategist and one of the closest-followed […]
