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Trump Has “Big Talk” With Putin, Saudi King Salman About Oil

Trump Has “Big Talk” With Putin, Saudi King Salman About Oil thumbnail

U.S. President Donald Trump said he had a “big talk” with Russian President Vladimir Putin and Saudi King Salman regarding oil production, expressing hopes that a deal on the control of said production would be announced soon. “We had a big talk as to oil production and OPEC and making it so that our industry […]


Prepare To Have Your Worldview Obliterated

Public Policy

The first draft of the civil rights-eroding USA PATRIOT Act was magically introduced one week after the 9/11 attacks. Legislators later admitted that they hadn’t even had time to read through the hundreds of pages of the history-shaping bill before passing it the next month, yet somehow its authors were able to gather all the necessary information […]


The Policy and Politics of the COVID-19 Oil Market Crash

The Policy and Politics of the COVID-19 Oil Market Crash thumbnail

Two energy economists discuss supply, collusion, jobs, and the impact on gasoline prices This week’s blog post is a podcast.  Last Wednesday, I sat down (from a safe 2000 mile distance) with University of Chicago Professor (and Energy Institute alum) Ryan Kellogg to talk about how the sudden downturn in oil demand is affecting the […]


This Is The Biggest Economic Terrorist Attack In World History

Public Policy

As I continue to keep an eye on the coronavirus “news”, it gets clearer with each passing day just how far the mainstream media and associates are willing to push their agenda. If the fear-hyped propaganda continues at the rate we’re seeing now, we are almost guaranteed to experience much graver circumstances just around the […]


Keiser Report | Supply Chains: The Last Mile

Public Policy

In this episode of the Keiser Report, Max and Stacy look at the supply chains wobbling as the last mile fails to deliver. From getting the free money from the Fed past the Wall Street hoarders and into the hands of the small businesses idled by pandemic and a stop to the flow of money […]


China to Start Buying Oil for State Reserves After Crash

Public Policy

Beijing sets target to cover 90 days of net oil imports Could be expanded to 180 days when including commercial tanks China is moving forward with plans to buy up oil for its emergency reserves after an epic price crash, according to people with knowledge of the matter. The world’s biggest importer is taking advantage […]


The Oil Collapse

The Oil Collapse thumbnail

The global oil market has never in history collapsed as precipitously as it has right now. The oil and gas industry, which provides almost 60 percent of the world’s energy, is engulfed in a double crisis that would have been dismissed as unthinkable at the start of this year. A price war, with producing nations […]


Hold My Beer, I Can Fix This

Hold My Beer, I Can Fix This thumbnail

The yahoos in the photograph above are tired of cutting their respective country’s oil production only to watch the US shale oil industry grow its production and steal their market share. The world is swimming in crude oil, the price is headed for $15, or worse, and the EIA says the American shale oil sector […]


The End of Civilization?

The End of Civilization? thumbnail

Governments all over the world are using the alleged threat of a COVID-19 pandemic to shut down the world’s economy. Daniel Lacalle, an authority on energy economics, writes: “The decision to shut down air travel and close all nonessential businesses is now a reality in major global economies. The United States has banned all European […]


COVID-19: How Corona Broke the System

COVID-19: How Corona Broke the System thumbnail

By Marc Saxer International Politics and Society No one knows how long the pandemic will last, how many people will fall ill, how many lives the coronavirus will claim. But the economic and political consequences of the outbreak are already emerging. Measures to contain the pandemic are disrupting public life around the world. Starting with […]


Countries Are Starting to Hoard Food, Threatening Global Trade

Countries Are Starting to Hoard Food, Threatening Global Trade thumbnail

It’s not just grocery shoppers who are hoarding pantry staples. Some governments are moving to secure domestic food supplies during the conoravirus pandemic. Kazakhstan, one of the world’s biggest shippers of wheat flour, banned exports of that product along with others, including carrots, sugar and potatoes. Serbia has stopped the flow of its sunflower oil […]


First Look At Internal Passports To Travel Within The United States

First Look At Internal Passports To Travel Within The United States thumbnail

North Carolina’s Department of Public Safety reportedly issued a statute imposing a statewide curfew effective until April of NEXT YEAR. The certificate, evidently given to a healthcare worker as an exemption waiver for the impending curfew, explains Governor Roy Cooper’s state of emergency declaration and a mandatory curfew that will be put into effect. Photo […]


Martial Law likely around the corner

Martial Law likely around the corner thumbnail

As major U.S. cities prepare for a total lockdown to combat the Covid-19 pandemic, police, state troopers, the Army and the Air National Guard are preparing for martial law. That means you need to prepare for mass quarantines. The “shelter-in-place order” is coming.


In the Pandemic, It’s Every Nation for Itself

Public Policy

“The lamps are going out all over Europe, we shall not see them lit again in our life-time,” said Foreign Secretary Sir Edward Grey to a friend on the eve of Britain’s entry into the First World War. Observing from afar as the coronavirus pandemic ravages the Old Continent, Grey’s words return to mind. And […]


The SPR Fiasco

Public Policy

If as a result of COVID-19 and declining worldwide oil demand “American-made crude oil” exports get whacked say by 2MM BOPD, that oil could be used to fill the SPR to the top, another 77MM barrels will do it (EIA,DOE). It will then take the mighty US shale oil industry 39 days to accomplish that. […]


This Will Get Worse The grim math of a coronavirus future.

This Will Get Worse The grim math of a coronavirus future. thumbnail

arch 10 was just a few days ago, but it already feels very far away — before the NBA season was suspended, Tom Hanks tested positive, and a national state of emergency was declared. On that date, Think Global Health, which is a project of the Council on Foreign Relations, produced a report that includes […]


US to Buy Large Quantities of Oil for Reserve

Public Policy

President Donald Trump has directed the U.S. Energy Department to buy “large quantities” of oil for the government’s strategic petroleum reserve following this week’s crash in oil prices. “We’re going to fill it right up to the top,” Trump said in a briefing on the coronavirus outbreak, adding that he’s instructed the Energy Department to […]


Kunstler: Black Swans, Dead Cats, Live Bats, and Goodbye to All That

Public Policy

Had enough excitement yet? At least the stock markets are following an established script: the bubble pops, the elevator drops, for a while it stops… and then investments sink to the deepest sub-basement, where they linger for a long, long time. Hello, next great depression…. We know how that story goes, even if it hurts. […]


Shale Drillers Seek Jones Act Waiver to Ease Price Pain

Public Policy

U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump administration to waive a law that mandates only American vessels can be used to transport goods among U.S. ports. A temporary waiver of that law, known as the Jones Act, “can allow American producers to move domestic […]


NY Gov. activates National Guard to create “containment zone”

NY Gov. activates National Guard to create “containment zone” thumbnail

(Natural News) Just as we predicted weeks ago through a series of articles, videos and podcasts that were largely mocked and ridiculed by many Trump supporters who still think the coronavirus is a left-wing media hoax, medical martial law is quickly dropping into place across America. In addition to Washington State Gov. Inslee announcing today […]


Fracking Ban Would Cost Millions of Jobs

Fracking Ban Would Cost Millions of Jobs thumbnail

A fracking ban would cost millions of jobs. That’s according to the American Petroleum Institute’s (API) Director of Communications, Ben Marter, who made the statement ahead of last night’s Democratic presidential debate in a post published on the API’s website. “Fracking has been one of the most important technological advancements in American history and banning […]


Toward the Next America

Public Policy

When I mentioned in a post two weeks ago that America was heading into a new phase of its history, and that I would be offering some suggestions about what that next phase might look like, I was far from sure how to begin that conversation.  As happens fairly often these days, however, current events […]


Kunstler: Impure Thoughts

Public Policy

What if the Corona virus turns out to be a genuine pandemic with legs, not some punk-ass, flash-in-the-pan bug like SARS… and infects hundreds of millions around the world…? And what if it happens to go logarithmic in the USA, as in China now…? And what if takes a few months, or half a year, […]


Trump Wants to Sell 15 Million Barrels From US Oil Reserve

Public Policy

President Donald Trump has proposed selling 15 million barrels of oil from the U.S. emergency stockpile as part of his fiscal 2021 budget plan. The proposal, which requires approval from Congress, would use the proceeds of the sale to fund certain Energy Department activities, including the environmental remediation of an oil field in Elk Hills, […]


Global Witness Accuses Exxon of ‘Exploitative’ Contract That Robs People of Guyana of $55 Billion in Lost Oil Revenue

Global Witness Accuses Exxon of ‘Exploitative’ Contract That Robs People of Guyana of $55 Billion in Lost Oil Revenue thumbnail

International human rights and anti-corruption group Global Witness is calling on the Guyanese government to renegotiate a oil license deal with fossil fuel giant Exxon after the group’s analysis showed that Guyana stands to lose $55 billion while the oil giant takes control of one of the largest oil reserves found in years. Global Witness found that […]


While The Press And Public Focus On Iran, US Military Prepares For War With Russia

Public Policy

During the height of tensions with Iran last year, the United States conducted an unprecedented series of war games. Over five months, from May until the end of September, 93 separate military exercises were held, with forces operating continuously in, above and around 29 countries. The games, which practiced everything from ground platoon tactics to […]


Iraq becomes Iran-US battleground

Public Policy

After US-led mission helped to largely banish Islamic State from Iraq in 2018, the country has fast become a battleground for power in the region Growing oil production should be a major win for oil-weary Iraq. But the country’s increasingly lucrative share of global crude output has served to sharpen the appetites of Iran, the […]


Kunstler: Canary Trap

Public Policy

What is the canary’s purpose in life? Why, to sing, of course — at least from the human’s point-of-view. What is the canary trap? Why, to catch humans who are singing like canaries. The latest occult dish served up by Democratic Party spirit cookers in the impeachment ritual is the release of “bombshell” news leaked […]


The Age of Climate Authoritarianism Is Upon Us

Public Policy

In 2010, the writer Mike Davis imagined a “not improbable scenario” in which mitigation “would be tacitly abandoned… in favor of accelerated investment in selective adaptation for Earth’s first-class passengers.” His prediction may prove prescient. “The goal would be the creation of green and gated oases of permanent affluence on an otherwise stricken planet,” he […]


Ignore the Fake Climate Debate

Ignore the Fake Climate Debate thumbnail

Beyond the headlines and social media, where Greta Thunberg, Donald Trump and the online armies of climate “alarmists” and “deniers” do battle, there is a real climate debate bubbling along in scientific journals, conferences and, occasionally, even in the halls of Congress. It gets a lot less attention than the boisterous and fake debate that […]


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PO Real Time

Thanks @BloombergLive & @annmarie for hosting me alongside @IEABirol, @PXDtweets Scott Sheffield, @Trafigura's Ben Luckock & @wenkennedy. Interesting convo on #crudeoil, post #COVID19 revival, #peakoil and potential zero #naturalgas prices. #oott youtube.com/watch?v=neplu0…

@eurekareport @AlanKohler @kirby_journo You should well know that the Federal Bank's balance sheet growth has fueled financial markets. #peakoil most likely 2018. Plus #coronavirus. Plus ignorant governments. No, not the end of the world but multiple system failure ahead @JoshFrydenberg @AngusTaylorMP @Dom_Perrottet

test Twitter Media - @eurekareport @AlanKohler @kirby_journo You should well know that the Federal Bank's balance sheet growth has fueled financial markets. #peakoil most likely 2018. Plus #coronavirus. Plus ignorant governments. No, not the end of the world but multiple system failure ahead @JoshFrydenberg @AngusTaylorMP @Dom_Perrottet https://t.co/oasm1YCqig
test Twitter Media - @eurekareport @AlanKohler @kirby_journo You should well know that the Federal Bank's balance sheet growth has fueled financial markets. #peakoil most likely 2018. Plus #coronavirus. Plus ignorant governments. No, not the end of the world but multiple system failure ahead @JoshFrydenberg @AngusTaylorMP @Dom_Perrottet https://t.co/oasm1YCqig