Beginning in November 2021, President Joe Biden’s administration has used the Strategic Petroleum Reserve (SPR) to combat rising gas prices. In March of 2022, the administration announced a new release of 180 million barrels of […]
Utility companies are increasing electricity prices for American households ahead of the heating season. Some households take on debt to cover their power bills, while millions cannot pay. High electricity bills will be yet another […]
Oil markets can’t seem to choose which direction to head. Fears of demand destruction sparked by a global economic slowdown are at odds with the very real threat of a supply shortage. The oil market […]
Doing a 180-degree turn and redirecting more money to oil and gas exploration would definitely make some investors unhappy. FT: Banks want oil companies to keep returning cash to shareholders instead of investing it in […]
ENB Pub Note: China’s new stealth fighter is another example of global changes in the shift. The weak United States will make the energy crisis worse as other geopolitical fires spring up. Questionable geopolitical decisions by […]
ENB Pub Note: The BRICS countries did not have the financial clout to impact global markets until the energy and geopolitical crisis. Now, if they add members and move oil trading away from the U.S. […]
Last week, the New York Times wrote a puff piece which framed President Biden’s numerous gaffes during a Florida rally as ‘verbal fumbling.’ Biden conflated the war in Ukraine with the Iraq war, then […]
Senator Joe Manchin is pissed after President Biden said his administration would ‘shut down’ all of America’s coal plants and replace them with ‘wind and solar’ – comments that couldn’t come at a worse time […]
ENB Pub Note: The world is in an ENERGY CRISIS and people will die, countries will go to war, and continued failed energy policies will only make it worse. Coal plants are not more expensive […]
US job growth increased more than expected in October, but the pace is slowing and the unemployment rate rose to 3.7 percent, suggesting some loosening in labour market conditions, which would allow the Federal Reserve […]
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