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Finance

Big Oil Companies

Week Recap: Blackouts, Climate Setbacks, and Policy Shifts

November 30, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Half of U.S. at risk for blackouts during extreme cold this winter, grid watchdog warns November 24, 2024 Clark Savage A new report by the North American Electric Reliability Corporation (NERC), which […]

tax receipts
Finance

Federal Government Interest-Payments-to-Tax-Receipts Ratio Spikes, Debt-to-GDP Worsens Further in Q3

November 29, 2024

The magnitude and speed of the ratio’s 2-year spike is unprecedented in modern US history. It does not look good.

US Dollar
Finance

Is the Dollar Collapsing? 7 Key Indicators You Can’t Ignore

November 29, 2024 Clark Savage

As outlined in the graphic below, there are seven key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral that I think will culminate in the collapse of the US dollar. Indicator #1: […]

EIA News

Global natural gas market may experience a tighter supply-demand balance this winter

November 29, 2024 Clark Savage

Data source: Bloomberg Finance, L.P. Note: Price curves as of November 21, 2024. Dotted lines represent forward prices. LNG=liquefied natural gas; Asian LNG=the JKM price benchmark (representing spot and forward LNG prices in Japan, South Korea, Taiwan, […]

Atlantic LNG shipping rates
Exports

Atlantic LNG shipping rates remain below $20,000 per day

November 29, 2024 Clark Savage

Last week, Atlantic LNG shipping rates slid to a record low, reaching just $15,500 per day. “Spark30S Atlantic rate has increased by $2,000 per day to $17,500 per day compared to last week’s price, although […]

Price
Finance

Inflation Re-Accelerates Despite Plunging Gasoline Prices as “Core Services” PCE Price Index Hits 7-Month High

November 27, 2024

Core services inflation is the biggie, and it’s going the wrong way. The Fed is already talking down the pace of rate cuts.

Climate Crisis

COP29 Climate Summit Ends In Rancor As Radicals Demand Trillions, Not Billions

November 27, 2024 Mariel Alumit

The COP29 agreement demands $300 billion a year in climate finance from wealthy countries, angering eco-activists who sought much more. COP29, the United Nations annual climate alarmism summit, ended in overtime this weekend with an […]

Newsom
Climate Crisis

Newsom Will Force Californians To Fund Federal EV Tax Credits, Excludes Tesla

November 27, 2024 Mariel Alumit

Newsom vows to fund EV credits if Trump ends federal rebate, but the credits would not include Tesla, and will raise prices at the gas pump. California Gov. Gavin Newsom said if President-elect Donald Trump […]

China
Finance

What Trump’s Tariffs Will Mean for China

November 27, 2024 Mariel Alumit

As the U.S. president-elect issues new threats, Beijing is already bracing for a shift. Trump Threatens New Tariffs On Monday, U.S. President-elect Donald Trump threatened new tariffs on China (an extra 10 percent) as well […]

EIA
Finance

EIA: global gas market could tighten this winter

November 27, 2024 Mariel Alumit

The agency said in a new report that the last two winters in the Northern Hemisphere were exceptionally mild, keeping global natural gas markets well supplied and balanced at relatively low prices. Prices going into […]

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