Russia on Wednesday warned that the world’s “top priority” should be the nuclear-armed super powers avoiding confrontation at all costs or else this would lead to “catastrophic consequences.” “We are firmly convinced that in the […]
Authored by Kurt Cobb via OilPrice.com, It seems increasingly apparent that the focus on “finance” will be less rewarding and the focus on “stuff” will become more important to the nations of the world. In […]
WASHINGTON, Nov 2(Reuters) – President Joe Biden’s threat to impose a windfall profits tax on oil companies is unlikely to pass in the U.S. Congress, even if Democrats defy forecasts and manage to maintain their […]
While higher oil prices have grabbed the headlines this year, natural gas was a big profit driver in the third quarter. Higher oil prices have enabled big oil giants Chevron (CVX -1.83%) and Exxon (XOM -2.06%) to post surging profits and cash flow […]
Viral Facebook post: A “small area” in western Texas and southeastern New Mexico “has enough oil to fuel America for the next 200 years.” PolitiFact’s ruling: False Here’s why: Does America possess enough oil in 86,000 square miles […]
As Russia continues to unleash devastating attacks on Ukrainian civilian infrastructure, Europe is weighing up a future without Russian gas. European Union countries are negotiating a common response to the energy crisis while seeking to […]
Via SchiffGold.com, Artificially low interest rates blew up a big housing bubble. In a podcast, Peter Schiff explained that it is actually a bigger bubble than the one preceding the 2008 crash. But this time, […]
Arab leaders have closed their first summit meeting in two years by reiterating the centrality of the Palestinian cause, albeit avoiding to address their own splits over normalising ties with Israel. The final declaration that […]
The Canadian Broadcasting Corporation (CBC) has announced it is shutting its bureau in China after more than four decades, citing an ongoing, years-long wait for work visas for its reporters in Beijing. Editor-in-Chief Brodie Fenlon […]
Occupied East Jerusalem – Former Israeli Prime Minister Benjamin Netanyahu looks set to return to power, with his bloc projected to win a majority of the seats in the Israeli parliament, the Knesset, and out […]
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