Financial Crisis Archives - Page 8 of 34

Europe’s Industrial Death Spiral due to Net Zero Energy may not be recoverable

June 30, 2026 Clark Savage1081

Europe’s once-mighty industrial engine is sputtering, and Germany—the continent’s manufacturing powerhouse—is at the epicenter of a deepening crisis. High energy costs driven by aggressive Net Zero policies, renewable intermittency, heavy regulations, and carbon pricing are accelerating deindustrialization. Major firms are slashing jobs, closing plants, and relocating production to the United States and Asia, where energy […]

The Oil and Gas Markets Impacted by Iran’s Shutdown of Hormuz Again: What Are the Real Numbers

June 28, 2026 Clark Savage2116

Iran’s renewed military actions in and around the Strait of Hormuz are once again disrupting global shipping and threatening the fragile recovery of oil flows through one of the world’s most critical energy chokepoints. As of late June 2026, strikes by both Iranian and U.S. forces have set back recent gains in tanker traffic, keeping […]

Politicians have broken America’s grids – And Consumers pay the price – Through the nose

June 24, 2026June 24, 2026 Clark Savage317

ENB Pub Note: This is a great post on LinkedIn from Doug Sheridan, and we highly recommend following him. The FT reports that NY is confronting a tightening electricity supply just as demand begins to rise after a decade of stagnation. For years, NY expected electricity demand to remain flat, helped by efficiency gains. Regulators […]

California High-Speed Rail project soars to $231 Billion – “We left to work in Morocco as it is a better work enviornment”

June 16, 2026 Clark Savage1458

The California High-Speed Rail (CAHSR) project, once sold to voters as a transformative $33 billion bullet train connecting San Francisco to Los Angeles in under three hours by 2020, now carries eye-watering cost estimates that have ballooned dramatically. The latest figures from the California High-Speed Rail Authority’s (CHSRA) 2026 Draft Business Plan put the full […]

Another California refinery closure will threaten national and global economies

June 15, 2026 Clark Savage465

According to the Energy Information Administration, today, California ranks first in jet fuel demand among the states. The California Energy Commission (CEC) projects in-state jet fuel demand will rise significantly in the long term, growing from about 271 thousand barrels per day (TBD) in 2023 to an estimated 378 TBD by 2045. These jet fuel demand […]

With Wind and Solar Subsidies Ending, How Will the Energy Mix End Up?

June 13, 2026 Clark Savage586

The U.S. wind and solar industries are facing a sharp policy reversal. The Trump administration’s One Big Beautiful Bill Act (signed July 4, 2025) and follow-on Executive Order have effectively ended the generous federal tax credits (Production Tax Credit under Section 45Y and Investment Tax Credit under Section 48E) that fueled much of the recent […]

Ohio Business Lobby Pushes Eminent Domain Reforms That Critics Say Could Enable Faster Land Takings for Data Center Infrastructure on Farmland — Raising Serious Property Rights Concerns

June 12, 2026 Clark Savage844

Ohio farmers and property rights advocates are sounding the alarm over a recommendation from the powerful Ohio Business Roundtable (OBRT) to reform the state’s eminent domain laws. The proposal would allow faster “possession” and construction on private land for energy infrastructure projects once a court establishes public use and necessity — even while compensation disputes […]

JP Morgan Sends Updated Warning on Strait of Hormuz Risks and Oil Price Spikes

June 12, 2026June 12, 2026 Clark Savage3991

The global oil market remains on edge as the Strait of Hormuz — the world’s most critical oil chokepoint — stays effectively paralyzed amid the ongoing U.S.-Iran conflict that began in late February 2026. JP Morgan has issued a fresh, more urgent update, warning that the situation could drive Brent crude sharply higher in the […]

The Tale of Two SPRs and Different Uses: US and China Navigate the Iran War Supply Shock

June 11, 2026 Clark Savage958

In the most complex mix of geopolitical supply disruptions in modern history—over 100 days into the US-Iran conflict involving strikes, Hormuz transit risks, and broader Middle East tensions—the United States and China are effectively supplying a significant portion of global oil demand through their strategic and commercial reserves. They are doing so via sharply contrasting […]

California Extends Its Key Climate Programs, Condemning the State to High Energy Prices

May 31, 2026 Clark Savage543

On Friday, May 29, 2026, the California Air Resources Board (CARB) approved sweeping updates to the state’s Cap-and-Invest program (formerly Cap-and-Trade), extending California’s signature climate initiative through 2045. State regulators framed the changes as a balanced move to meet aggressive greenhouse gas reduction targets while supporting affordability and preventing industry “leakage”—the exodus of major polluters […]

Category: Financial Crisis

Europe’s Industrial Death Spiral due to Net Zero Energy may not be recoverable

The Oil and Gas Markets Impacted by Iran’s Shutdown of Hormuz Again: What Are the Real Numbers

Politicians have broken America’s grids – And Consumers pay the price – Through the nose

California High-Speed Rail project soars to $231 Billion – “We left to work in Morocco as it is a better work enviornment”

Another California refinery closure will threaten national and global economies

With Wind and Solar Subsidies Ending, How Will the Energy Mix End Up?

Ohio Business Lobby Pushes Eminent Domain Reforms That Critics Say Could Enable Faster Land Takings for Data Center Infrastructure on Farmland — Raising Serious Property Rights Concerns

JP Morgan Sends Updated Warning on Strait of Hormuz Risks and Oil Price Spikes

The Tale of Two SPRs and Different Uses: US and China Navigate the Iran War Supply Shock

California Extends Its Key Climate Programs, Condemning the State to High Energy Prices

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