Archive for the 'Energy' Category
An Oil Price-Fixing Conspiracy Caused 27% of All Inflation Increases in 2021
May 3rd, 2024Diabolical. Via: BIG by Matt Stoller: Last Sunday, I wrote a piece alleging that U.S. shale oil producers colluded with the Saudi government from 2021-2023 to drive up gas prices. That essay was based on some reporting I had done, as well as a complaint from a savvy Kansas City class action law firm, Sharp […]
Ukrainian Drones Hit Major Rosneft Refinery in Russia
May 1st, 2024Via: OilPrice: Just as Russia had started to bring back some refinery capacity damaged by Ukrainian drone attacks earlier this year, a new wave of drone attacks hit a major refinery owned by Rosneft, for a second time. Rosneft’s Ryazan refinery southeast of Moscow caught fire after the overnight drone attack, an anonymous Ukrainian military […]
Ukraine Destroys Russian Oil Depots in Smolensk
April 24th, 2024This is 500km inside Russia. Does anyone know what sort of long range unmanned system Ukraine is using for these attacks? I found this from 2023: Zelenskyy says Ukraine has developed a long-range weapon, a day after a strike deep inside Russia: Ukrainian President Volodymyr Zelenskyy said Thursday his country has developed a weapon that […]
National Security Implications of Baltimore Bridge Catastrophe
April 19th, 2024In short, coal. Via: Real Clear Defense: Domestically, the impacts of these hiccups in the energy supply chain are already being felt. CSX’s Curtis Bay Piers in particular – heavily impacted by the bridge collapse – supplies coal to power the Maryland electric grid and provides metallurgical coal critical for the steel industry. The inability […]
ISRAEL ATTACKS IRAN
April 18th, 2024Update: Oil, Markets Shrugging Off Attack There is remarkably little solid information about what, precisely, has happened. After an initial move higher, oil is pulling back at this time. SP500, Dow, Nasdaq futures all down less than 1% (0500UTC). Standing by to see if Iran retaliates. Oil shrugging off Israel's attack on Iran at this […]
Iran Seizes Cargo Ship in Strait of Hormuz After Threats to Close Waterway
April 13th, 2024Months ago, I called these low probability scenarios: 1) If the Strait of Hormuz somehow winds up closed/blocked. 2) If Saudi Aramco’s deep water port at Ras Tanura somehow winds up closed/destroyed. And now… Via: Reuters: Iran’s Revolutionary Guards seized an Israeli-linked cargo ship in the Strait of Hormuz on Saturday, days after Tehran said […]
Climate The Movie: The Cold Truth
April 5th, 2024Via: Climate The Movie: Backup More: Climate-Con and the Media-Censorship Complex
Oil Hits $90
April 4th, 2024Via: Bloomberg: Oil extended advances on escalating tensions in the Middle East after blowing past the $90-a-barrel threshold in the previous session. Global benchmark Brent rose to above $91, near its highest since October, while West Texas Intermediate was at around $87. Israel has increased preparations for potential retaliation by Tehran after Monday’s strike on […]
Baltimore Bridge Collapse: Container Ship “Potentially Atop High-Pressure Underwater Gas Line”
March 30th, 2024Via: ZeroHedge: The salvage operation may not begin as seamlessly as government officials hoped. As Captain John Konrad, CEO of gCaptain, a website specializing in tracking the shipping industry, states, the 984-foot Singapore-flagged container ship Dali is apparently “sitting atop a high-pressure underwater gas line.”
Lara Logan Claims Her Government Sources Are Saying Baltimore Bridge Collapse Was An Attack, “We Are In An Undeclared War”
March 27th, 2024“Three to five years,” to restore access to the port? That sounds long to me. Does anyone know if that’s right? Via: Steve Bannon: In Other News: Contaminated Fuel? General Michael Flynn: Black Swan Event, Can’t Rule Out Terrorist Attack
