The International Longshoremen’s Association (ILA) has reached a tentative agreement with port owners and representatives of USMX, for a reported 62% contract increase in wages over six years. As a result, the dockworker strike is suspended as negotiations on other aspects of the contract are extended through January 15, 2025…
East Coast Dock Workers Scheduled to Strike Starting Tomorrow…
There are a lot of economic impacts that can be created by a dockworker strike; they range from inconvenient to severe depending on the industry and sector therein. With the U.S. manufacturing base diminished, imported goods now represent the system to deliver essential products into our nation…
China Completes LNG Gas Trade with Chinese Yuan, Ending U.S. Dollar Reliance for Energy Trades…
China, serving as Russia’s broker, has secured an liquified natural gas (LNG) deal with France with payment being made in the Chinese Yuan NOT the U.S. dollar reserve currency…
Watch Closely – Mexico Releases Agenda for North American Leadership Summit, January 10th Mexico City…
In the background of international geopolitics and all things economically attached, the larger climate change agenda, the Build Back Better program, has been unfolding…
China to Stop Reselling LNG to Europe…
Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas…
Are We Witnessing the Planned Demise of Fossil Fuels?…
As gas prices soar to unprecedented amounts, Joe Biden is selling our strategic oil reserves to China. At the same time, a steady stream of natural gas explosions at critical refineries in the United States remains largely unreported by mainstream news…
U.S. Is a Net Exporter of Natural Gas for the First Time in 59 Years…
The U.S. has been a net exporter of natural gas for three of the first five months of 2017, according to a note released by the EIA. This is historically significant, as February, April and May are so far, the only months in which the U.S has been a net exporter of natural gas since […]
Trump Energy Policy May Finally End the Rule of OPEC…
In November 2014 I wrote about the attack OPEC started on the American oil industry. Saudi Arabia said it wanted to put the American frackers out of business. Then-President Barack Obama did nothing. He was opposed to the oil industry and was more in favor of non-carbon based sources of energy. OPEC bet their countries’ […]
Qatar Lifts Development Moratorium on World’s Biggest Gas Field…
Qatar has lifted a self-imposed moratorium on development of the world’s biggest natural gasfield after more than a decade, the chief executive of state energy company Qatar Petroleum said yesterday. The giant Gulf gasfield, which Doha calls the North Field and Iran calls South Pars, accounts for nearly all of Qatar’s gas production and about […]