Biden Sees Halt to Nord Stream 2 If Russia Invades Ukraine

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

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

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

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

“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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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 […]

Russia, China dodge calls to reduce coal, carbon emissions

As global leaders flew into Scotland on a parade of private jets from around the world for the United Nations climate change conference COP26, billed as the world’s last best chance’ to save the planet from catastrophe, two of the world’s biggest players were no-shows. President Xi Jinping didn’t bother to attend and Russian President […]

Tanker War 2.0: Iranian Strategy in the Gulf

August 10, 2021 Aaron Stein Host Afshon Ostovar     The Iranian government is accused of using a loitering munition to strike the tanker Mercer Street, killing two crew members. The attack is the latest incident at sea involving the Iranians and international shipping. To discuss Iranian strategy in the Persian Gulf, Aaron speaks with […]

G20 leaders pledge carbon neutrality by mid-century

The final document states current national plans on how to curb emissions will have to be strengthened “if necessary” and includes a pledge to halt financing of overseas coal-fired power generation by the end of this year. On the final day of the G20 summit on Sunday, leaders made a commitment to reach carbon neutrality […]

Moldova declares state of emergency over gas crisis

Moldova’s parliament has approved a government-requested state of emergency until November 20 as it tries to ease gas shortages amid soaring world energy prices. The eternal flame at a World War II monument in the capital Chisinau has been extinguished due to gas shortages, the defence ministry said on Friday. The country of 2.6 million […]

Starvation Diet

“It’s important to recognize that net zero demands a transformation of the entire economy.” – Larry Fink (emphasis added) We are on the cusp of a significant mass starvation event of our own making. Soon, tens of millions of the world’s most impoverished people will die from an inability to feed themselves, while many of […]

U.S. says all options ‘on the table’ to tackle energy crunch

The U.S. Department of Energy (DOE) on Thursday said all “tools are always on the table” to tackle tight energy supply conditions in the market. The department made the comment amid questions about whether the Biden administration is considering tapping into its strategic petroleum reserves (SPR) or pursuing a ban on oil exports to bring […]

Keeping something in reserve

THE challenge of climate change is an existential crisis. Not for humanity, but for capitalism. The energy consumption of our societies relies on the extraction of fossil fuels. Existing reserves of coal, crude oil and gas all formed slowly over millions of years. Though these fuels may seem unnatural, they are organic in origin: layers […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy