Category Archives: Energy markets

Michael Hudson on the Coming Global Fracture as Economic Orders Clash

How our current “clash of civilizations” is a war between economic models.

The Oil Industry’s Downstream Nightmare Is Here To Stay

Another oil and gas crisis problem: inadequate refinery capacity.

“One Reason Republican Lies About the Climate Crisis Work”

Republicans use the fact that tackling climate change will impose costs as a reason not to go there, while Dems largely finesse the issue.

Sanctions Now Weapons of Mass Starvation

US/allied sanctions against Russia have not achieved their objectives but are worsening economic stagnation, inflation and hunger worldwide.

EU Continues to Try to Hurt Russia by Shooting Itself in the Foot

Amazement that the EU is engaging in yet more self harm to try to damage Russia.

Understanding the Global Rise in Inflation

How high demand for traded goods is generating inflation, and central banks hitting the brakes is likely to hit growth unnecessarily hard.

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.