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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Natural Gas Price
Natural Gas

Analysts Explain Why USA Natural Gas Price is Rising

November 11, 2024 Mariel Alumit

Why is the U.S. natural gas price rising today? That’s the question Rigzone asked several analysts on Monday as the Henry Hub price ticked higher. “For me, it seems mostly like a weather phenomenon,” Ole […]

Oil
Crude Oil News

Iran’s Empty Threat to Close The Most Important Oil Shipping Lane

November 11, 2024 Mariel Alumit

Speculation over Iran blocking the Strait of Hormuz, a critical oil chokepoint, has resurfaced amid Middle East tensions. The U.S. and European naval presence in the Persian Gulf could quickly counter any blockade attempt, which […]

Oil
Crude Oil News

Standard Chartered: American Oil Output Won’t Surge Under Trump

November 11, 2024 Mariel Alumit

Despite Trump’s victory, U.S. oil production growth is expected to remain moderate due to changes in the shale industry. U.S. E&Ps continue to prioritize capital discipline and shareholder returns over rapid production increases. Incoming tariffs […]

AI
AI

We May Not Get Our Recession until the AI Spending Bubble Implodes

November 10, 2024 Mariel Alumit

But this stuff takes years. Until then, the massive spending from corporate balance sheets and cash flows that circulates & circulates is very stimulative of the economy. By Wolf Richter for WOLF STREET. The amount of money that […]

Trump
Geopolitical

EU leaders fear Trump will make them pay for Ukraine – Bloomberg

November 9, 2024 Mariel Alumit

  Officials in Brussels are reportedly worried that they won’t have enough weapons to give Kiev European Union leaders are discussing whether they can afford to keep financing the Ukrainian military if US President-elect Donald […]

Musk
Geopolitical

Musk makes Ukraine conflict prediction

November 9, 2024 Mariel Alumit

The tech tycoon was reportedly on a phone call between Vladimir Zelensky and Donald Trump Elon Musk has suggested that the Russia-Ukraine conflict will be over soon and that the clock is ticking for those […]

Newsom
Climate Crisis

Newsom Calls Emergency Session To Trump-Proof California, Defend Climate Policies And More

November 9, 2024 Mariel Alumit

Gavin Newsom called a special legislative session to ‘fight’ President-elect Trump, citing him as a threat to California’s climate programs and more. On Thursday, California Governor Gavin Newsom (D) called a special legislative session to […]

Musk
Geopolitical

Elon Musk Joined Trump’s Call With Zelensky

November 9, 2024 Mariel Alumit

Musk’s role in Trump’s campaign appears to be translating to influence on his administration. Musk has been a key player both in Ukraine’s war against Russia and in the Trump campaign. The Starlink satellites operated […]

Home Prices
Finance

With Home Prices Way Too High, More People Profit from Arbitraging Vast Cost Difference between Renting and Buying

November 8, 2024 Mariel Alumit

Sky-high prices, today’s mortgage rates, property taxes on those sky-high prices, and spiking homeowners’ insurance costs create a peculiar situation that more and more people are taking advantage of. By Wolf Richter for WOLF STREET. The share of […]

Germany
Climate Crisis

Why Germany’s Government Collapse Could Be Good News

November 8, 2024 Mariel Alumit

A dysfunctional, dithering government has no place in the era of Donald Trump. When U.S. President-elect Donald Trump was first elected in November 2016, many European countries rallied around German Chancellor Angela Merkel as the […]

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