Oil Prices Climb Despite Demand Destruction Claims

Falling demand has been the news of the week for oil markets, with several reports (most…

Six Years Late And 250% Over Budget: Georgia’s Newest Nuclear Plant

Vogtle 3 and 4 stations are now likely to cost roughly $34 billion. Nuclear power continues…

Russian Oil Production May Fall To 18-Year Low On EU Oil Embargo

WSJ: full oil embargo could send Russian production to 9.6 million bpd. IEA estimates that Russia…

Saudis, UAE: The World Has A Serious Energy Spare Capacity Problem

Prince Abdulaziz bin Salman: “The world is running out of energy capacity at all levels,”. Saudis…

Record High Diesel Prices Will Ripple Across The Economy

Diesel prices have hit record highs due to very tight domestic inventories and a global supply…

U.S. Gasoline Prices Hit All-Time High

GasBuddy: national average hit $4.351 per gallon. 180 million barrel SPR release failed to materially lower…

Americans’ Financial Worries Tick Up in Past Year

Worry rises most for paying bills, maintaining standard of living Having enough money for retirement remains…

WFP warns 3 million more now ‘teetering on the edge of famine’

The increase is based on those who are living within the official hunger classification of IPC4…

U.S. Grid Operators Are Bracing For A Wave Of Blackouts

California warned on Friday that it would need to produce more electricity than it is currently…

Latin American Leaders Speak Out Against NATO Role in Russia-Ukraine War

TIME magazine’s interview of the former, and quite possibly future, President of Brazil Luiz Inácio Lula…