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Russia’s Energy Dominance Ties West’s Hands in Ukraine War

Public Policy

Europe gets about 40% of its natural-gas imports from Russia, making it hard to sanction a vital revenue stream for Moscow Western countries weighing how to sanction Russia over the invasion of Ukraine are up against the reality of its grip over Europe’s energy supply. Even as sanctions are being imposed, the same countries doing […]


Kunstler: The Party of Chaos Blows Its Cover

Public Policy

The Ukraine blow-up is more a humiliation for “Joe Biden” and his faction than for the US per se, for the truth is that we have scant interest in that corner of the world and what goes on there is none of our business, and never was…. It is fair to say that the “Joe […]


Ukrainian foreign minister calls for Russian oil embargo

Ukrainian foreign minister calls for Russian oil embargo thumbnail

Ukrainian foreign minister Dmytro Kuleba called on Saturday for a full isolation of Russia, including an embargo on the purchases of Russian crude. “I demand the world: fully isolate Russia, expel ambassadors, oil embargo, ruin its economy,” Kuleba wrote on Twitter. reuters


The Risk of Nuclear Disaster in Ukraine

The Risk of Nuclear Disaster in Ukraine thumbnail

Of all the obvious dangers that come with war, one of the most far-reaching in the current Russia-Ukraine conflict has been woefully underappreciated. Even if commanders took pains to avoid striking Ukraine’s 15 nuclear power reactors, that might not be enough to avoid a catastrophe. LOS ANGELES – Russia’s large-scale military mobilization on Ukraine’s border […]


Germany freezes Nord Stream 2 gas project as Ukraine crisis deepens

Germany freezes Nord Stream 2 gas project as Ukraine crisis deepens thumbnail

Germany on Tuesday halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally recognised two breakaway regions in eastern Ukraine. Europe’s most divisive energy project, worth $11 billion, was finished in September, but has stood idle pending certification by Germany and […]


EU and U.K. Propose Sanctions to Confront Putin

EU and U.K. Propose Sanctions to Confront Putin thumbnail

The European Union and the U.K. set out initial packages of sanctions targeting Moscow after Russia’s lower house of parliament ratified treaties recognizing two self-proclaimed republics in eastern Ukraine, marking a dramatic escalation in the crisis. The moves follow weeks of warnings from the U.S. and its partners that President Vladimir Putin could be planning […]


The Cost Of Living In The US Is Rising To Absolutely Absurd Levels

The Cost Of Living In The US Is Rising To Absolutely Absurd Levels thumbnail

Most of the time, the vast majority of Americans simply do not care about economics.  And it pains me to say that, because I have been running a website about economics for more than a decade.  But it is true.  Under normal circumstances, most hard working Americans don’t have the time or the energy to […]


Biden Sees Halt to Nord Stream 2 If Russia Invades Ukraine

Biden Sees Halt to Nord Stream 2 If Russia Invades Ukraine thumbnail

U.S. President Joe Biden said the controversial Nord Stream 2 natural gas pipeline between Russia and Germany would be stopped if President Vladimir Putin orders an invasion of Ukraine. “We will bring an end to it,” Biden said at a joint news conference at the White House on Monday with German Chancellor Olaf Scholz in […]


Economic growth is destroying the planet – here’s an alternative

Economic growth is destroying the planet – here’s an alternative thumbnail

Politicians and economists who chant the growth mantra are violating fundamental laws of physics. Perpetual growth on a finite planet with finite resources is an impossibility that has plunged us all into environmental disaster — climate change, crashing wildlife populations, plastic waste, and more. A protest sign with a picture of the planet and the […]


As gas pump prices jump, pressure rises on politicians

Public Policy

With a winter storm gripping the United States, geopolitical tensions continuing to haunt the markets and oil-producing nations unable to meet their output targets, crude oil prices reached a seven-year peak last week. Brent crude rose US$1.71, or 1.9 per cent, to US$92.82 a barrel on Friday afternoon, having earlier touched its highest level since […]


Covid War Ending – Gerald Celente

Public Policy

Renowned trends researcher and publisher of “The Trends Journal,” Gerald Celente, boldly predicted back in April 2021, “We are going to start seeing a big anti-vax movement.”  He was spot on.  Now, Celente has another bold prediction:  “The Covid War is coming to an end.”  Celente explains, “On the virus, my forecast is the Covid […]


Shooting Oil in a Barrel

Public Policy

“War is a contagion, whether it be declared or undeclared.” – Franklin D. Roosevelt On July 26, 1941, President Franklin Delano Roosevelt (FDR) seized all Japanese assets in the US and imposed a strict oil embargo on the country. Britain and the Dutch East Indies – the colonial predecessor to modern-day Indonesia and a major […]


“All But Certain” We’re On The Cusp Of A Massive War With Russia

Public Policy

The Ukrainian-born MSNBC favorite Alexander Vindman, best known for his role in the Trump impeachment, has informed the network’s viewership that we are almost certainly on the cusp of a war with Russia comparable to World War II. “I think we’re basically just on the cusp of war,” the retired lieutenant colonel told MSNBC’s Nicolle […]


Kunstler: Dog Gone

Public Policy

So much chatter in the news media these days about who will be “Joe Biden’s” running mate in 2024 — not that there’s anything wrong with his current sidekick — but I’ve got half a mind to throw my own hat in the ring. That’d make two of us with half a mind and a […]


Meta Censors Anti-Imperialist Speech In Obedience To The US Government

Meta Censors Anti-Imperialist Speech In Obedience To The US Government thumbnail

Anti-imperialist commentator Richard Medhurst reports that Instagram has deleted some 20 images from his account and given him a warning that he could face a permanent ban if he continues making similar posts. The posts in question are screenshots from a Twitter thread Medhurst made to commemorate the two-year anniversary of the Trump administration’s assassination of […]


Indonesia bans coal exports in January

Public Policy

Indonesia has banned coal exports in January due to concerns that low supplies at domestic power plants could lead to widespread blackouts, a senior official at the energy ministry said on Saturday (Jan 1). The country is the world’s biggest exporter of thermal coal, exporting around 400 million tonnes in 2020. Its biggest customers are […]


The Great Reset Is Actually A Great Purge Against Humanity

Public Policy

In a recent Op-Ed, I had outlined the causes and ramifications of a looming supply chain crisis. Shortfalls in fundamental goods and services, however, are just the surface symptoms of a silent, protracted war against human merit. Throughout history, the most universal and indispensable asset has been human resource. Civilizations were built on human ingenuity. […]


The “Selling” of Degrowth

The “Selling” of Degrowth thumbnail

Over the last three decades, a growing number of scientists and ecologists have argued that economic growth has long outstripped the capacity of the planetary ecosystem. They have developed numerous sophisticated models to demonstrate their point. They have boiled down the technical information—about the availability of mineral resources, the limits of energy generation, the constraints […]


Germany’s Coming Cold, Expensive, and Dangerous Experiment

Germany’s Coming Cold, Expensive, and Dangerous Experiment thumbnail

Desire and will are powerful things. With luck, hard work, and good timing … really wanting something enough can be the key to making things you desire come to pass. Little warning though … wanting something by itself is not enough. It has to match with reality. Few things are more real than being cold, […]


New York is banning the use of natural gas in new buildings

New York is banning the use of natural gas in new buildings thumbnail

After several other cities in the United States, the City Council of New York passed a law banning the use of natural gas in most new buildings. Construction projects submitted for approval from 2027 will have to use electricity instead of gas or fossil fuels for heating. In the most populated American city, with 8.8 […]


Kuntler: The Air Coming Out

Public Policy

Has the illustrious Dr. Fauci not just plumb shot his wad now?  Made himself — how do you put it delicately — something less than…uh… helpful… in the public health sphere? Worn out his welcome, a little bit? We have been a kind and generous nation through our history, after all, patient to a fault […]


Democrats Asking Biden Not to Ban Oil Exports

Public Policy

The Biden administration shouldn’t ban the export of crude oil, a bipartisan group of House lawmakers said in a letter to Biden. Re-instating the ban on the export of domestic crude oil, which was lifted in 2015, was among the options the White House was considering as it sought ways to address gasoline prices that […]


Kunstler: Fury, Rising

Public Policy

If anything, political pressures may prevent the White House from going far enough, Binghamton University political science professor Olga Shvetsova argued. In order to halt the virus, she said vaccines must not only be mandated but that fully vaccinated people need to be tested regularly to stop the emergence of new variants. “We cannot allow […]


China is joining the US and other countries in tapping emergency oil reserves

China is joining the US and other countries in tapping emergency oil reserves thumbnail

China confirmed on Wednesday that it would join the United States and other major energy-consuming nations in releasing strategic oil reserves to try to cool high prices and tame inflation. The White House announced Tuesday that the United States would release about 50 million barrels from its Strategic Petroleum Reserve, and that China, Japan, India, […]


Biden said the Department of Energy will release 50 million barrels of oil from the SPR

Biden said the Department of Energy will release 50 million barrels of oil from the SPR thumbnail

A number of critics, including the U.S. Chamber of Commerce and former President Trump, opposed President Biden‘s decision to tap into the Department of Energy‘s Strategic Petroleum Reserve, slamming the Biden administration for “ineffectual band aids” that will not replace domestic production. Biden, on Tuesday morning, said the Department of Energy will release 50 million […]


Biden asked China to release oil reserves to ease prices, boost economic cooperation

Biden asked China to release oil reserves to ease prices, boost economic cooperation thumbnail

President Biden appealed to Chinese President Xi Jinping to release crude oil from its strategic reserves in a move that would aim to stabilize rising oil prices, the South China Morning Post reported. China is the world’s largest net importer of oil. Biden and Xi held a virtual meeting earlier this week, during which they […]


Europe’s energy freakout

Europe’s energy freakout thumbnail

There’s a run on camp stoves on Spain’s Balearic Islands, while a key energy analyst says there could be gas shortages. It’s all proof that Europe’s energy emergency isn’t over. Energy prices soared to the top of the political agenda last month — even being discussed by EU leaders. The reason was an unexpected surge […]


Peak oil versus net zero

Public Policy

Fossil-fuel use could continue to rise despite efforts to achieve climate neutrality Controversial question: is peak oil behind us or does it still lie ahead? Those who claim that peak oil – the year when crude oil production reaches its peak – is in the past are forgetting that this is a market for non-reproducible […]


A Biden Emergency Oil Release May Fail to Dent Price of Gasoline

Public Policy

A potential release from the U.S. Strategic Petroleum Reserve intended to bring down gasoline prices may have little effect, oil market participants warn, even as the Biden administration floats the idea as a way to provide immediate relief at the pump. U.S. President Joe Biden “is looking at” releasing a potential wave of crude supply […]


Over 40 Countries Pledge at U.N. Climate Summit to End Use of Coal Power

Over 40 Countries Pledge at U.N. Climate Summit to End Use of Coal Power thumbnail

GLASGOW — More than 40 countries pledged to phase out coal, the dirtiest fossil fuel, in a deal announced Thursday at the United Nations climate summit that prompted Alok Sharma, the head of the conference, to proclaim “the end of coal is in sight.” But several of the biggest coal consumers were notably absent from […]


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