European Gas Prices Extend Gains As French Strikes Block LNG Imports
The economic effects of the massive French strikes are starting to extend beyond France, although so far in a limited way. Is more to come?
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Herman Daly (1938-2022): The Economist for Our Time
The double question implied throughout Herman Daly’s work as an economist is this: “Is the economy for the people, or are the people for the economy?” nomy for the people, or are the people for the economy?”
Read more...Fossil Fuel Industry Phase-Out: Three Critical Worker Guarantees for a Just Transition
PERI research shows just transition policies are easily affordable in all high-income countries and critical to limiting climate change
Read more...As Longterm Partnership With Us Fades, Saudi Arabia Seeks to Diversify Its Diplomacy – And Recent Deals With China, Iran and Russia Fit This Strategy
US policy takes a hit in the Middle East.
Read more...US Continues Its Abuse of the EU With Recent Inflation Reduction Act Agreement
The deal allows European Commission President Ursula von der Leyen to sell a breakthrough without accomplishing anything for Europe.
Read more...Fed-Inflicted Bank Wobbles Persist as Investors Fret About Deutsche
Bank fundamentals do not look likely to get better any time soon, yet the Fed seems determined to make matters worse.
Read more...Energy Transition Advocates Get A Reality Check
Big Oil rollls out new messaging designed to stoke worry about green energy plans.
Read more...Eurasian Integration Including Iran Proceeds Despite US “Maximum Pressure” Campaign
The Riyadh-Tehran rapprochement could bring much-needed infrastructure investment in Iran, which is situated at the center of China and Russian-led Eurasian integration efforts, but countries will have to defy or work around US sanctions.
Read more...Turkey’s Opposition Leads in the Polls. Would They Move the Country Closer to the West?
The Turkish opposition’s “memorandum of understanding on common policies” reveals which way they’re likely to steer the country should they win May’s election.
Read more...Hoisted from Comments: Rosneft Refinery in Schwedt Continues to Be a Microcosm of Europe’s Sanctions-Induced Energy Mess
A case study in sanctions blowback: how the Rosneft refinery, an important provider of diesel and jet fuel, looks like a stranded asset.
Read more...The Financial Times’ Martin Wolf Worries About Europe’s Future but Oddly Not the US’
Martin Wolf’s musings about what lies in store for Europe has a huge blind spot as far as the US is concerned.
Read more...“How Stupid Do They Think We Are?” Nord Stream Pipelines Bombing Edition
Shameless Nord Stream spin.
Read more...The West Goes After LNG in Mozambique Despite Regional Violence That Has Displaced Close to a Million People
The EU and US are trying to replace Russian gas and push China out of the resource-rich African nation.
Read more...Coups, Chaos, and the Crumbling of the Francafrique: the Widening War between East and West in Africa’s Sahel
US undersecretary of state Victoria Nuland says to remain calm.
Read more...Wolf Richter: US Natural Gas Production Surges to Record in 2022, Up 33% from 2017. LNG Exports Hit Record Despite Freeport Terminal Shutdown
LNG exports to Europe up 150%, exports to Asia and Latin America plunge. Germany buries its head in the sand.
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