May brings more bad economic news for hard-pressed American households. “Transitory” inflation remains firmly entrenched at rates equal to or higher than those reported at the start of 2024…
Russian Oil Finds ‘Wide Open’ Back Door to Europe…
Middlemen are cashing in as Russian crude finds indirect routes to the European market, politicians and industry insiders allege…
JPMorgan’s CEO Jamie Dimon Calls for More Investment in Oil and Gas – “We aren’t getting this one right”…
JPMorgan CEO Jamie Dimon says that ‘investing in the oil and gas complex is good for reducing CO2’…
Is the Biden Administration Purposely Destroying Reliable Energy in the U.S.?…
ESG mafias, inflation nation, & eco fanatics…
Oil Just Had Its Worst Run Since 2008…
Oil has entered a bear market as fears of an economic downturn mount. The fundamentals look much tighter than the swoon might suggest, but the supply and demand picture is also beginning to look more negative. The EIA report was exceptionally weak, showing a strong build in crude oil (+6.8 million barrels), gasoline (+3.2 million […]
Feds Approve Company to Export 2.21B Cubic Feet of Natural Gas Daily…
Golden Pass, a US company that operates a liquefied natural gas (LNG) terminal in the state of Texas, has been granted a license to export 2.21 billion cubic feet per day, the US Department of Energy announced in a press release on Tuesday. The deal allows exports to any country that is not subject to […]
Obama Blocks New Offshore Drilling in Arctic for Next Five Years…
US President Obama has declared parts of the Arctic off-limits to new oil and gas drilling until 2022. Environmental groups have praised the move while Republican lawmakers have said they will try to overturn the plan…