For several months, Gov. Gavin Newsom has waged a war of words on California’s petroleum industry, accusing it of price-gouging and asking the Legislature to impose a tax on its soaring profits. “Big oil is […]
Switzerland is preparing for a possible blackout. Under the proposal, the country plans to restrict energy usage in buildings and may even ban concerts, theatre performances, and sporting events. Switzerlandis reportedly planning to banelectric vehiclesin […]
As we detailed earlier, a clear division is arising between Europe and the United States over Washington’s more hawkish and hardline stance on resisting all negotiations with Russia, but instead which is centered on encouraging […]
On Saturday, Bild newspaper reported that this year almost a quarter of Germans will not be able to buy Christmas gifts due to inflation, according to a new survey by the Institute for New Social […]
The guys have a great time poking each other about the Bulls and Bears. Michael is Bullish on nat gas, and Stu is still a Purma Bull on oil. The energy crisis is holding its […]
Bill Bullen, the CEO of Utilita Energy, has warned that projections show that over 2 million British households may find they cannot afford their gas and electricity bills, and as a result they may simply […]
In an interview with the Berliner Morgenpost newspaper on Saturday, Bernd Lange, head of the European Parliament’s Trade Committee said he felt the EU should file a lawsuit with the World Trade organization over the […]
Customers of the Winklevoss Twin’s crypto exchange are short $900 million, which the crypto-broker Genesis is unable to pay back to them, according to a new report in the Financial Times. Gemini is now attempting […]
December 5, 2022 Data source: U.S. Energy Information Administration, Weekly Petroleum Status Report Note: Consumption is expressed using product supplied data. Average jet fuel consumption in the United States so far in 2022 has been […]
<img src=”” title=”Daily Memo: EU Embargo on Russian Oil Takes Effect” /> Home Analysis Daily Memo: EU Embargo on Russian Oil Takes Effect Embargo begins. The EU’s sixth package of sanctions on Russia, including an […]
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