Category Archives: Energy markets

The EU Needs More Than $1 Trillion for Plan to Ditch Russian Oil and Gas

The EU will have to make very large expenditures to end its depencence on Russian energy. But does it also have the organizational chops?

Paradigm and Nervous Breakdown: Globalization Goes Into Reverse as Inflation/Scarcity Crisis Accelerates

How long-established structures are approaching breakdown, yet those in charge try to look past that.

Geopolitics Takes A Back Seat As Biden Drops Sanctions On Venezuela

Quelle surprise! The US is trying to kiss and make up with Venezuela.

Michael Hudson on the Ongoing Economic War

Michael Hudson looks at the long game of fundamental ecomomic restructuring of trade and financial relations among great powers.

Hydropower’s Future Is Clouded by Droughts, Floods and Climate Change – It’s Also Essential to the US Electric Grid

Why the hydropower magic bullet may come up short.

When Central Bank Saviours Are the Problem

Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation

Inflation Freakout and Possible Fed Overshoot

There’s a lot of nattering about inflation and not enough insight.

As the Planet Warms, Let’s Be Clear: We Are Sacrificing Lives for Profits

Climate change is the result of a deadly calculus: human lives are worth risking and even losing over the profits of global corporations.

More Oil From U.S. Strategic Petroleum Reserve Heads To Europe

The use of the Strategic Petroleum Reserve looks like three card monte.

Russia Announces Initial Retaliatory Sanctions Targets; Waiting for the Other Shoe to Drop

Russia has started rolling out its retailiaory “special economic measures”. But it’s still not clear what they amount to in practice.

Record High Diesel Prices Will Ripple Across The Economy

The diesel crunch is getting more acute. What could happen next?

What You Need To Know About Carbon Dioxide Removal

Meeting the Paris Climate targets requires removing billions of tons of carbon dioxide annually through natural and technological methods.

The Coming EU Embargo of Russian Oil, Russia’s Economic Challenges, and the Question of Operational Capacity

The EU is planning to punch Russia hard with yet another embargo, this of its oil. But will this wind up being more rope a dope?

Gas Flares: Europe Has a Hissy, Flails About as Russia Imposes Gas Payment Countersanctions and Economies Already Feel Blowback Bite

Russia implements its gas for roubles scheme as promised, cutting off supplies to non-adherents. Howling ensues.

Jaishankar Calls Out Europe’s Selective Concern on Rules-Based Order

Indian external affairs minister S. Jaishankar shared views on rules-based order with world diplomats at a conference Tuesday in Delhi.