Category Archives: Energy markets

The Oil and Gas Industry is Using the War in Ukraine to Profit and Push Its Interests

Activists warn that calls for energy independence are just “peace washing” the oil and gas that enabled this conflict.

Michael Hudson Talks with the Saker About the Russian Counter-Sanction of Paying for Its Gas With Roubles

Michael Hudson answers the Saker’s questions about the ramifications of Russia’s “gas only for roubles if you have been mean to us” measure.

Some Additional Comments on the Russian Counter-Sanction of Requiring Gas Payments in Roubles

Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”

How Fossil Fuel Governments Control the IPCC

The work of the IPCC is necessary. That’s why it’s important that the UN not be the owners of the go-to reports it issues.

Russia Counter-Sanctions “Unfriendly Nations” by Requiring Gas Payments in Roubles; Dallas Fed Predicts 2022 Global Recession if Russian Energy Supply Remains Restricted

Clearing up misunderstandings about the Russian move to require unfriendly countries to pay roubles for gas.

Russia Sanctions Collateral Damage: Diesel Shortage Risk Worsening, EV Batteries

More on the “soon to be with us” sanctions-induced diesel shortage, along with EV battery woes.

Michael Hudson Discusses Russia Sanctions Blowback on the Renegade

Michael Hudson revisits how US sanctions will ultimately hurt its economy more than Russisa’s, as crippling the dollar hegemony.

Ukraine Latest: More Shortages; Misunderstanding Russian Strategy?

Some brief Ukraine sightings.

IEA Releases 10-Point Plan to Curb Oil Use: The U.S. Is Unlikely to Follow Much – If Any – of It

The IEA last week proposed 10-point plan to curb oil use. Alas, it’s unlikely that current U.S. regulators and political leaders. will provide any more than lip service to these and other long overdue measures.

Ukraine Updates and Scott Ritter on Russia Military Strategy and Progress

Some over the weekend sightings on the war in Ukraine.

Is China Socialist or State Capitalist? – Michael Hudson and Patrick Bond

Michael Hudson and Patrick Bond: Will China resist financialization and lead the way on climate policy, or is it practicing capitalism lite?

The World Could See A Record-Breaking Oil Supply Shock

Unless the West blinks on Russian sanctions, high oil prices seem destined to go even higher.

Is Joe Manchin Lucy or the Football?

Why Joe Manchin is merely a convenient excuse for what is wrong with Democrats and soi disant progressives.

The World Is Facing A Critical Diesel Shortage

An oil price drop gives an illusory sense of relief from an ongoing and set to worsen diesel squeeze.

Russia Sanctions Trade Shock: Fulfilling the Fears of Smoot-Hawley?

More on the possiblity of severe blowback from sanctions against Russia in the form of trade disruption.