Before obtaining the required permits, Diversified Energy began installing cryptocurrency mining infrastructure on one of its thousands of well pads.
Recent Items
Thursday, January 15, 2026
Crypto Mining at Gas Wells Sparks Regulatory Headaches, Outcry in Northwestern Pennsylvania
Topics: Banana republic, Environment, Guest Post, Regulations and regulators, Ridiculously obvious scams
Posted by Lambert Strether at 6:25 am | 10 Comments »
Austerity for the Plebes, Bank Rescues for the Rich
The bank panic is proving to be an exercise in class warfare that may well wind up further strengthening the right.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Europe, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Politics, Regulations and regulators, Risk and risk management, Social policy, The destruction of the middle class, The dismal science
Posted by Yves Smith at 3:31 am | 21 Comments »
Why the Repeal of Anti-Union Laws in Michigan Boosts Workers Nationwide
The union revival is gaining ground, with the latest win being the reversal of a “right to work” law in Michigan.
Topics: Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:30 pm | 9 Comments »
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?
Topics: Economic fundamentals, Energy markets, Europe, Guest Post
Posted by Yves Smith at 3:21 pm | 3 Comments »
2:00PM Water Cooler 3/29/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 78 Comments »
Links 3/29/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 162 Comments »
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?”
Topics: Economic fundamentals, Energy markets, Environment, Globalization, Guest Post, Income disparity, Politics
Posted by Lambert Strether at 5:55 am | 19 Comments »
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
Topics: Doomsday scenarios, Dubious statistics, Energy markets, Free markets and their discontents, Guest Post, Politics, Regulations and regulators
Posted by Yves Smith at 3:21 am | 21 Comments »
2:00PM Water Cooler 3/28/2023
~ Today’s Water Coole
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 95 Comments »
‘The Billionaire Bailout’: FDIC Chair Says the Biggest Deposit Accounts at SVB Held $13 Billion
“The bailout really did protect billionaires from taking a modest haircut.”
Topics: Banking industry
Posted by Conor Gallagher at 11:11 am | 34 Comments »
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.
Topics: China, Commodities, Energy markets, Middle East
Posted by Conor Gallagher at 11:02 am | 19 Comments »
Brazil Looks To Strengthen Ties With China, As Taiwan Loses Yet Another Ally in Latin America
“Brazilian and Chinese interests… align at present in some important areas, the most important being an investment in a multipolar world order.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 10 Comments »
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.
Topics: Auto industry, China, Commodities, Energy markets, Europe, Politics, Russia
Posted by Conor Gallagher at 6:00 am | 20 Comments »
Is Our Health Care System Turning Hospitals into (Covid) Death Traps?
Hospital epidemiologists are following the science. Is anybody else?
Topics: Guest Post, Health care, Pandemic
Posted by Lambert Strether at 3:25 pm | 49 Comments »


