Anticipating the Die-Off

Note: I wrote this post back in 2010.  Although one can see that the points about peak oil have not come true, other claims like the following do seem newly possible:  “Thousands of companies will go bankrupt, and millions will be unemployed. Once affluent cities with street cafés will have queues at soup kitchens and […]

Trump Poised to Offer Bridge Loans to Ailing Oil Companies

The Trump administration may announce as soon as Thursday a plan to offer loans to the ailing oil industry possibly in exchange for a financial stake, according to two people familiar with the matter. Treasury Secretary Steven Mnuchin and Energy Secretary Dan Brouillette have already briefed President Donald Trump on a plan to provide financial […]

The Decline of the Nation-State

California Gov. Gavin Newsom issued something very close to a declaration of independence for the largest U.S. state while speaking on MSNBC earlier this month. Noting that California has been forced in a position of “competing against other states, other nations, against our own government” for badly needed personal protective equipment to fight the coronavirus, […]

Fossil Lobby Demands Massive Deregulation in ‘Crass Attempt to Exploit Global Pandemic’

The Canadian Association of Petroleum Producers (CAPP) called on the federal government to suspend more than 30 environmental regulations, laws, and policies in response to the coronavirus pandemic, in a 13-page letter issued March 27 and released last week by Environmental Defence. The missive to Natural Resources Minister Seamus O’Regan and seven other cabinet ministers […]

What’s Collapsing Can’t Be Saved: Our Fraudulent Economy

Pulling the sleeve down to hide the tracks doesn’t mean the addict is cured. Just for a change of pace, can we be bluntly honest about the U.S. economy? It’s difficult to do because we’ve chosen to ignore all the realities, much like a family that hides all the addictions, drunkenness and lies in a dysfunctional […]

What Just Happened to the Mercury Rule?

Last week’s EPA decision adds insult to injury for our already vulnerable communities. Perhaps you missed it. There’s a lot going on right now. But amidst all the COVID-19 headlines last week, the EPA decided that it is not “appropriate and necessary” for the government to limit emissions of mercury and other hazardous air pollutants from […]

China imposes NEW coronavirus lockdown – fears grow for devastating second wave

A FRESH coronvirus outbreak in China’s Henan province has raised fears of a devastating second COVID-19 wave – despite the ruling Chinese Communist Party’s attempts to claim the country is winning the battle against the disease. Coronavirus: Expert on China’s ‘fear of second wave’ A fresh cluster of cases has been reported among medical staff […]

Seeds Of Awakening: Notes From The Edge Of The Narrative Matrix

If we’re honest with ourselves, electoral politics has failed and we need a revolution. If we’re really honest with ourselves, revolution will fail until propaganda is eliminated. If we’re really really honest with ourselves, everything will fail without a mass-scale awakening. ~ The most revolutionary thing you can do is use your creativity to find […]

Kunstler: Risings and Fallings

In the corkscrewing anguish of the social sequester, with careers, savings, futures, and dreams whirling down the drain, voices rise above the din of conflicting statistics to ask: what is going on here? To some, it looks like a deliberate attempt to demolish what’s left of the economy for political advantage. Clouds of suspicion gather […]

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

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

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

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

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

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

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 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

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?

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

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

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

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

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

“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

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.

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

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

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

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”

(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

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 […]

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