By Robert Romano “I’ve always supported fracking.” That was Pennsylvania Democratic Senatorial candidate John Fetterman in his Oct. 25 debate with Republican candidate Mehmet Oz in response to a question by the debate’s moderator quoting Fetterman opposing hydraulic fracturing for oil and natural gas in a 2018 interview when he […]
By Robert Romano President Joe Biden is still reeling from the decision earlier this month by OPEC to curtail global oil production as the world prepares for another recession after Covid, induced by inflation levels not seen since the 1970s and 1980s as the post-Covid supply crunch […]
By Rick Manning The Biden administration’s latest excuse for high gasoline prices is priceless, it’s Trump’s fault. Current Labor Secretary Marty Walsh came out with this astonishing claim in an interview on CNN Newsroom where he said, “if the last administration made investments in refineries, we wouldn’t be where we are […]
By Robert Romano Germany has reduced overall electricity production from traditional sources by 38 percent, or 198.1 million Megawatt Hours (MWh) since 2002, according to data from the Federal Statistical Office of Germany . Coal and nuclear led the collapse of Germany’s electric grid, from 121 million MWh for coal and 164.8 million MWh for nuclear a […]
By Robert Romano The Nord Stream natural gas pipelines, which until the war in Ukraine had supplied 1.9 trillion cubic feet a year to Europe, and 55 percent of Germany’s gas alone , appears to have been sabotaged after two recorded blasts resulted in massive gas leaks into the Baltic Sea. Owned and […]
By Robert Romano As global oil prices somewhat ease as Europe’s economy overheats into recession , falling prices will eventually bring along another unfortunate aspect of the business cycle: the impact on labor markets. Inflation and unemployment are said to have an inverse relationship. When prices are generally rising, unemployment is usually […]
