Crude Oil News
The G7 Cap On Russian Oil Is A Subsidy To China
Authored by Daniel Lacalle, There are many mistakes in the G7 agreement to put a cap on Russian oil. The first one is that it does not hurt Russia at all. The agreed cap, […]
Month: December 2022
Aljazeera International
North Korea fires artillery barrage in ‘warning’ to South Korea
NewsMilitary North Korea fired a barrage of artillery shells into a maritime buffer zone, the latest in a series of provocative military moves that have angered South Korea. About 130 artillery rounds were simultaneously fired […]
Finance
Oil Rises After OPEC+ Keeps Production Unchanged After Launch Of Russia Price Cap
Two weeks ago, oil tumbled after the WSJ reported a fake news hit piece quoting “delegates” who “said” that Saudi Arabia was preparing for a 500K oil production hike. We quickly countered that this was […]
International News
European Leaders Are Right To Worry About America Sucking Up The World’s Clean-Energy Capital Investment
European Commission President Ursula von der Leyen said Sunday that Europe must “adjust our own rules to make it easier for public investments” due to rising concerns that the new and beefed-up energy incentives and subsidies contained […]
Uncategorized
Russia will not export oil subject to Western cap, says Putin energy point man
Russia, the world’s second largest oil exporter, will not sell oil that is subject to a Western price cap even if it has to cut production, President Vladimir Putin’s point man on energy said. The […]
Energy Policy
US government calls for continued tariffs on solar imports
The US Department of Commerce has issued a preliminary determination stating that certain companies in Southeast Asia are circumventing anti-dumping/countervailing duties (AD/CVD) imposed on Chinese solar products. The ruling is in response to the AD/CVD […]
Crude Oil News
Japan sets price cap on Russian crude oil, excluding Sakhalin-2
TOKYO, Dec 5 (Reuters) – Japan implemented a price cap on Russian crude oil from Monday, but crude oil imported from the Sakhalin-2 plant will be excluded, the government said in a statement. The decision […]
Energy Policy
You’re going to pay higher gas prices as California decarbonizes. Here’s why
As California energetically attempts to decarbonize the state’s economy, some in Sacramento fear the plan faces a looming threat: astronomical gas prices that could fuel a massive public backlash. A state mandate will phase out […]
Coal
West Virginia state senator leaves Democratic Party for the GOP
West Virginia state Sen. Glenn Jeffries left the Democratic Party to become a registered Republican this week. Jeffries, who has represented West Virginia state Senate District 8 since 2016, claimed “economic development” as one of the driving reasons he […]
International News
Earnings Expectations Bottom With COVID-Zero Ending
By Ye Xie Three things we learned last week: 1. After three years, the Covid Zero policy is ending. Big cities including Beijing and Guangzhou have relaxed restrictions despite a still-large number of infections. President […]