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The Netherlands and Europe are beginning the process of banning combustion engine cars first in cities while the elite are quickly moving to the countryside. The Tyrannical Lisp tells all.
Ellison's FTX Testimony and the Sam Trabucco Mystery; Massively Eroded Dollar Sees the Fed Turn 109 -- Week in Review
China's yuan denominated Russia crude rivals Saudi imports
... And The Coming Commodity Rehypothecation
Most refineries on the U.S. Gulf Coast have begun procedures to restart operations that were disrupted by the massive winter storm late last week, but a full return to normal output of motor fuels could take up to two weeks for some facilities.
Xi Jinping has made an offer difficult for the Arabian Peninsula to ignore: China will be guaranteed buyers of your oil and gas, just pay us in yuan...
Do we really care what they say?
In what's forecasted to be the first coast-to-coast major winter storm of the season across the Lower 48, traders have furiously panic bid US natural gas futures due to the prospects of increased heating demand.
Ghana's government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday.
China will establish bilateral investment and economic cooperation working mechanisms, carry out local currency swap cooperation and deepen digital currency cooperation, he added.
In an effort to dull the effect of international restrictions on its oil sales, Russia has discretely assembled a "shadow fleet" of more than 100 tankers, according to shipping brokers and industry analysts who spoke to the Financial Times.
BP controls exploration areas in Libya covering nearly three times the size of Wales
The Biden administration has quietly approved plans to build a new crude oil terminal in the Gulf of Mexico off Texas, seemingly in contradiction to the president's climate agenda.
Oil prices rebounded from early losses on Monday after Saudi Arabia denied a report it was discussing an increase in oil supply with OPEC and its allies.
The National Association of Convenience Stores says there are ~5,000 independent gas station owners in CA and they're already at risk.
The cap would still drive global oil prices lower while curbing Russia's revenues, Yellen said in an interview with Reuters on the sidelines of a conference on deepening U.S.-Indian economic ties.
...sabotage of oil infrastructure?
KeystoneXL could've weakened the bargaining position of OPEC and Russia this year. The U.S. would be less vulnerable to OPEC supply cuts and price swings if KeystoneXL would've been completed.
The world's energy needs will only grow, and it would be "foolish" to think that rising demand can be met with renewables alone, Oman's Energy Minister Salim Al-Aufi told CNBC on Tuesday.
"Wanna know what would make Biggie's job easy?" barked Biggie Too, slipping into 3rd person like a warm bath.
DIESEL SHORTAGE: I've been hearing an increased number of reports of diesel outages. What are you seeing in your neck of the woods?
More than 30 tankers carrying $2 billion worth of LNG are currently idling off Europe's coasts as regasification terminals are full and traders expect European natural gas prices to start rising again as winter approaches...
American truck drivers are sounding the alarm that Diesel fuel is running out.
Biden says there will be 'no more drilling' as he almost falls off stage at NY rally for Gov Hochul - just a day after he was blasted by key Democrat Manchin for 'ignoring severe economic pain' with vow to close coal plants
Fighting Over Food Rations: Diesel Fuel Shortage Will Decimate An Already Damaged Supply Chain - Expert Warns 'Next Lines Not At Gas Stations, Next Lines At Grocery Stores'
Just three years ago, the United States was an energy independent nation, a nation that was in a secure position to incorporate more renewable energy sources into its diverse and robust energy supply.
"Project Zimbabwe" is about to re-accelerate...
I describe the roundtrip process in which Russian oil refined in Italy makes its way to to the US. It's a real hoot...
Fox News host Tucker Carlson weighs in on the energy crisis stemming from the Russia-Ukraine war on 'Tucker Carlson Tonight.'
