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Home2022December

Month: December 2022

Inflation
Offshore

The Inflation Reduction Act Will Help Boost Offshore Wind Production

December 6, 2022 Mariel Alumit

The Inflation Reduction Act offers new and bolsters existing pathways for the development of clean energy sources. These steps will make strides toward achieving the Biden administration’s goal of a 50 percent to 52 percent reduction in […]

energy storage
International News

The Manhattan Contrarian Energy Storage Paper Has Arrived!

December 6, 2022 Mariel Alumit

Today my long-awaited energy storage paper was officially published on the website of the Global Warming Policy Foundation. Here is a link. The paper is 22 pages long in the form in which they have […]

Blackstone
ESG

Another Blackstone Fund Just Hit Redemption Limits

December 6, 2022 Mariel Alumit

Investment advisors and portfolio managers who plowed money into Blackstone’s giant real estate fund were greeted with an unexpected email last week from the investment management company to keep clients calm as redemption limits on […]

Powell
Finance

Stocks Puke Back All Post-Powell Gains As Yield Curve Inversion Deepens

December 6, 2022 Mariel Alumit

Weakening exports prompted a wider trade deficit in the US, but aside from that, there was little of note to driven today’s significant market moves – aside from a realization that Powell really didn’t say […]

Crude
Crude Oil News

WTI Holds Losses Despite Another Huge Crude Draw

December 6, 2022 Mariel Alumit

Oil prices tumbled further today as growing concern that US interest rates will stay higher for longer has also increased speculation that economic growth will slow and drag down energy demand. Dollar strength also did […]

Energy
Industry Insights

The Exploitation of Green Energy

December 6, 2022 Mariel Alumit

​ From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood From The Washington Times: Wealth, with no ethical or moral standards for those of lesser means, can be dangerous and fatal to the […]

Climate Change
Climate Crisis

Claim: We Must Allow More Inflation to Address Climate Change – That is bull hockey

December 6, 2022 Mariel Alumit

​ Essay by Eric Worrall Aussie financial journalist Alan Kohler has suggested allowing more inflation could protect jobs from rising energy prices. But he appears to ignore the economic damage inflation itself would cause. Alan […]

India
Aljazeera International

India signals it will continue to buy oil from Russia

December 6, 2022 Mariel Alumit

India will prioritize its own energy needs and continue to buy oil from Russia, its foreign minister has indicated as Western governments implemented a price cap to squeeze Moscow’s earnings from oil exports. Minister of […]

Infographic
Aljazeera International

Infographic: How much oil does Russia produce?

December 6, 2022 Mariel Alumit

A price cap on Russian seaborne oil – agreed to by the European Union, the Group of Seven nations and Australia – has come into force. The $60-per-barrel cap on Russian crude is aimed at […]

Peter Schiff
Finance

Peter Schiff: A Currency Crisis Will Fuel the Inflationary Fire

December 6, 2022 Mariel Alumit

Via SchiffGold.com, According to the Democrats and many mainstream pundits, the US economy is “resilient.” As Laura Ingraham put it, “it’s all peaches and cream according to Joe and his team.” But what’s the truth? […]

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