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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Saudi
Crude Oil News

Saudi Arabia’s Oil Chief Says He’ll Keep Cautious on Output

February 5, 2023 Mariel Alumit

​Saudi Arabia’s energy minister reiterated that the kingdom will remain cautious about raising oil production, even as several prominent analysts say rising demand will soon trigger a jump in prices.“I will believe it when I […]

Philippines
Geopolitical

US To Open 4 New Sites In Philippines, Accelerating ‘Pivot To Asia’

February 5, 2023 Mariel Alumit

Authored by Kyle Anzalone & Connor Freeman via The Libertarian Institute, Washington and Manila are close to inking an agreement that would see four new American installations opened in the Philippines. The new sites are […]

Natural Gas
Climate Crisis

NYC Natural Gas Soars to Highest Since 2003 Amid Bitter Cold – “Lighting the fire for the gas stove ban.”

February 5, 2023 Mariel Alumit

ENB Pub Note: This will only “lite the fire” for the gas stove ban.    Natural gas prices skyrocketed in New York and Boston as bitter cold descends, boosting demand for the furnace fuel. Next-day […]

Crude Oil News

G7-led coalition sets price cap on Russian oil products

February 5, 2023 Mariel Alumit

​WASHINGTON, Feb 3 (Reuters) – The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other refined petroleum products to keep markets supplied while limiting Moscow’s […]

Crude Oil News

Russian revenues to be hit further by caps on its oil products – or will they?

February 5, 2023 Mariel Alumit

ENB Pub Note: Secretary Yellen’s comments only look at the price caps from her perspective. Looking at how the price caps actually work, look at India, China, and Russia. – The price caps don’t work. […]

Crude Oil News

U.S. Oil and Gas Rig Count Falls by the Most in a Week Since June 2020 – Baker Hughes

February 5, 2023 Mariel Alumit

Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]

Big Oil Companies

Oil Execs send biden the message to “Pound Sand” as Stock Buybacks Race to Record $132 Billion Start as Companies Snub All Warnings

February 5, 2023 Mariel Alumit

ENB Pub Note: This follows on the heels of BP announcing they are reducing investments in non-profitable renewable projects and billions of dollars of losses in a couple of wind companies. “Renewable is not sustainable […]

EnergyNews

U.S. Natgas Drops 3% to 25-Month Low on Less cold Weather in February – What will prices do?

February 5, 2023 Mariel Alumit

That put the gas contract on track to drop over 63% over the past seven weeks, its biggest seven-week collapse in history after weather in the U.S. Lower 48 states was the second warmest on […]

Electric Vehicles

Manchin Says Yellen Is ‘Not Following the Law’ on EV Tax Credits

February 5, 2023 Mariel Alumit

​Senator Joe Manchin accused US Treasury Secretary Janet Yellen of “not following the law” on electric vehicle tax credits as automakers push the Biden administration to apply broad interpretations to a bill that he largely […]

Colombia
Alternative Investments

Colombian president reiterates negative to allow gold mining in the Andes mountains

February 4, 2023 Mariel Alumit

​During a meeting with páramo communities in the north-central Santander department, Colombian President Gustavo Petro reiterated his negative to allowing large-scale gold mining in the Páramo de Santurbán, a protected area of the Andes mountains. […]

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