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 […]
Dear Senators and Representatives, We, the undersigned organizations representing a broad spectrum of Americans, write to provide our insight on recent proposals in both the House and Senate regarding “Windfall Profits Taxes” on the oil and gas industry. It is no secret that in the […]
By Robert Romano A group of 19 Republican Attorneys General led by Arizona Attorney General Mark Brnovich and Nebraska Attorney General Doug Peterson have threatened the $10 trillion hedge fund BlackRock with antitrust legal action in an Aug. 4 letter to BlackRock CEO Larry Fink accusing the company of “intentionally restrain[ing] and harm[ing] the competitiveness of the […]
By Robert Romano President Joe Biden wants to have it both ways. Before the Congressional midterms, Biden wants to continue to depend on relatively strong labor markets data published by the Department of Labor’s Bureau of Labor Statistics in order to avert suggestions that the U.S. economy […]
By Robert Romano “The President made clear that if the Senate doesn’t act to tackle the climate crisis and strengthen our domestic clean energy industry, he will. We are considering all options and no decision has been made.” That was the text of an email by a White House official confirming that […]
By Robert Romano The Supreme Court has concluded its 2021 term with another blockbuster ruling, this time in West Virginia v. EPA , that struck down the Environmental Protection Agency’s 2015 Clean Power Plan under the Obama administration that sought to regulate carbon emissions under the Clean Air Act even though […]
By Robert Romano One more Supreme Court case to keep your eye on this session — especially since the Court now appears willing to strike down prior precedents — is the imminent ruling on West Virginia v. EPA that, if successful, would overturn federal regulations on carbon […]
