By Rick Manning “Over the past few years, we’ve seen how interconnected the world is. The deadly pandemic has impacted not just our own schooling, but almost every aspect of our lives — impacts of disruptions to the global supply chain causing significant inflation; accelerating the climate […]
By David Potter As usual, President Biden is out of touch with the American people. On May 23 , Biden seemed to celebrate the record high gas prices. With undertones of enthusiasm, he stated that “when it comes to gas prices, we’re going through an incredible transition… we’ll be stronger […]
By Robert Romano Hours before Elon Musk announced that he is joining the Republican Party on Twitter, writing the Democratic Party had “become the party of division & hate,” he had just strongly reacted to S&P’s decision to remove Tesla from its Environmental, Social and Governance (ESG) index. “Exxon is rated top ten best in world for environment, social […]
By David Potter President Joe Biden’s plan to extend the availability of higher biofuel blends of gasoline during the summer months is a tiny bandage on a massive wound. Biden intends to allow the sale of E15, or gasoline containing 15 percent ethanol, to continue through the […]
By Robert Romano Blackrock CEO Larry Fink warned Environmental, Social and Governance (ESG) investors in his $10 trillion hedge fund’s annual shareholder letter that Russia’s invasion of Ukraine — and the resulting Western sanctions on Russia — had disrupted globalization and interdependent supply chains and would result in “increasing oil […]
By Robert Romano The largest oil producers in the U.S. do not appear to have major plans to increase production through 2025, a review of U.S. Energy Information Agency (EIA) data and corporate reports of U.S.-based oil companies reveals, despite oil prices being over $100 per barrel […]
By Robert Romano Germany will continue to import oil, coal and natural gas from Russia as German Chancellor Olaf Scholz rejected calls for a Europe-wide embargo on Russian oil and gas, exposing some of the limits to the West’s response to Russia’s invasion of Ukraine. “At the […]
By Robert Romano One of the facts being laid bare by Russia’s invasion of Ukraine is that Europe has become highly dependent on Russian oil and natural gas for its economy, largely owing to green energy policies that have shut down coal and nuclear electricity generation in […]
By Robert Romano “Our sanctions package is specifically designed to allow energy payments to continue.” That was President Joe Biden’s statement on Feb. 24 on how U.S. and Western sanctions on Russia for invading Ukraine would impact Russian oil and natural gas exports. So far, the answer is they won’t, despite calls by some to […]
