Category Archives: Energy markets

EU Gas Price Cap: An Exercise in Futility

The much -maligned EU gas price cap is not looking any better with age.

Europe’s Second Largest Industrial Base Sinks Under the Weight of Energy Costs as Divisions Open Up in the Ruling Coalition

Italy searches for energy after cutoff from Russia.

Annual Services Inflation Rages at New Four-Decade High, Monthly Overall CPI Hottest Since June

Inflation is still very much with us….as if you didn’t know that.

The Gas Stove Panic

The recent Biden campaign to restrict gas stove in homes is decidely inorganic. What might be behind it?

The Correlation Between Oil Prices And Inflation Isn’t Straightforward

More debate about the role of energy price increases in consumer inflation.

Growing Body of Research Suggests Offshore Oil’s Methane Pollution Is Underestimated

Previous efforts to regulate offshore methane emissions stalled, despite role in helicopter crashes.

Carbon Capture Project Is ‘Band-Aid’ to Greenwash $10 Billion LNG Plant, Locals Say

Texas community fights to save its coastline as the developers of Rio Grande LNG reassure investors over climate impact.

Russia’s Budget Deficit Jumps Amid Plunging Oil Revenues

Russia had a budget shortfall due to a fall in energy-related tax receipts. How serious a problem is this development?

Preparing for the Next Winter: Europe’s Gas Outlook for 2023

The EU pins its hopes to LNG.

The Economics of the Ukraine Proxy War with Michael Hudson and Radhika Desai

A meaty discussion of the broader implications of the war in Ukraine.

An Old, Small Opening Salvo v Russia? 2013 Bank Bail-In “increasingly has the smell of a proxy Germany v. Russia struggle through Cyprus”

A closer look at an old Eurozone banking crisis shows how Cyprus was (at least to a degree) used to get at Russia.

Viewing Ukraine Through the Davos Lens

The World Economic Forum, which concluded on Friday, provides clues as to why European leaders would sacrifice their national economies for the war in Ukraine.

Davos Elite Won’t Tackle Climate Crisis and Global Inequalities

Quelle surprise! Change on crucial issues of climate and inequality is unlikely to emerge from the World Economic Forum.

Collapse Revisited: Climate Change and the Development of Middle-Income Countries

Middle income countries are unwilling to put groaf on hold to blunt climate change…and they do have a point given the lack of serious plans