The U.K. has limits on how much suppliers are able to charge consumers for energy. Britain’s energy price caps are reviewed by the government’s regulator, Ofgem, every six months. Ofgem, the energy sector regulator, said on Thursday that its price …
The European energy crisis is poised to go from very bad to unimaginably worse. While all eyes are on Ukraine and Russia, Europe’s energy woes are largely self-made, not due to outside forces. Europe has made its own bed, disassembling …
by Jason Burack of Wall St For Main St Are we headed towards another energy crisis in the US? No new oil refineries allowed to be built in the US since the 1970s, and oil pipelines and drilling permits are blocked to stop …
by Shaun Richards This morning there must be some disappointment and maybe a little confusion at the Bank of England. Having voted last night and after all the hints presumably voted to increase Bank Rate by 0.25% to 0.5% or …
by Michael Snyder It is becoming clear that we are in far more trouble than we are being told. In recent months, all forms of traditional energy have become significantly more expensive, and this is fueling price increases all over …
by Shaun Richards Yesterday brought some relatively downbeat news for the German economy. It’s main industry body gave its view on developments. For Germany, the BDI expects GDP growth in the order of 3.5 percent this year – after 2.5 …
by confoundedinterest17 Yesterday’s inflation report was the worst in 40 years. But at least today’s Producer Price Index Final Demand is down slightly from November. But PPI Final Demand YoY is still roaring at 9.7%. The producer price index for …
biggest energy inflows since the lehman crash pic.twitter.com/bkdkBoN9yj — zerohedge (@zerohedge) January 12, 2022 For those who love low prices, you're going to LOVE this. Chinese Tech stocks were first to give back their pandemic gains. Biotechs (below) are next. …
🤡🌎 pic.twitter.com/aBPhlrq8eG — Clown World Today (@cwt_news) January 11, 2022
Inflation numbers in the Eurozone hit a record high of five per cent in a single month in December, topping the previous record set the month before as high energy prices are believed to be driving the trend. Data released …
Anti-nuclear fever has long gripped Germany, and now they are going to shoot themselves in the foot by shutting down their nuclear plants in the midst of an energy shortage as they make themselves more dependent on wind and solar …
by Shaun Richards We have a New Year and we find we have a new subject albeit it comes with a familiar theme for us. I may have mentioned Kazakhstan before via its role as a fossil fuel provider but …
Boris Johnson was urged today to tackle the cost of living ’emergency’ and save families from soaring energy bills. He is under growing pressure from his backbenchers to scrap the green taxes that make up a quarter of electricity bills …
Turkey’s State-Run Energy Agency Raises Prices By Up To 125% As Inflation Crisis Continues https://t.co/v8zuQ0sVSv pic.twitter.com/BcvFWnNa8M — Daily Wire (@realDailyWire) January 2, 2022
Via International Man We have previously warned about a whopping food crisis and supply problems in the fertilizer market. Well, now is worse because that was BEFORE we had the natural gas crisis. Why is that important? Natural gas is …
By City A.M UK Gas prices have soared by 520 percent this year. The soaring prices reflect current market conditions across Europe, and follow continued geopolitical uncertainty and rising tensions over the 759-mile Nord Stream 2 pipeline. Russia has been …
I'm aware some countries missing. I'm sorry, I don't have (as right now) the day-ahead price for several countries. It will be available later today. — Javier Blas (@JavierBlas) December 19, 2021 https://twitter.com/disclosetv/status/1472603008706002944 Pipeline is operating at ~5% of capacity …
Linda Woodley, an ex-convict that has racked up millions of dollars in liens for unpaid federal and states taxes, was recently awarded an $11.5 million energy contract by the City of Portland, Oregon. According to the The Oregonian, Woodley served time in prison for …
by Shaun Richards This week has seen another phase in the energy crisis which is facing Europe. In sense the Rolling Stones were correct and indeed prescient with their lyric “It’s a gas,gas,gas.” The domestic energy reliance on gas and …
by JR3000 Because crypto believers think crypto currency will revolutionize the financial industry (and because I’ve been having an argument with someone that came here to pick a fight and wanted to argue about energy consumption between crypto and fiat) …
The Democrat agenda depends on deliberately driving up energy prices in order to make their green energy boondoggles appear less outrageously wasteful and destructive than they really are. That approach has been painfully obvious from the beginning of the Biden …
by confoundedinterest17 President Biden wants to know if you are Tuff Enough to stand rapidly rising energy prices as he shuts down American supply? Since Biden’s inauguration, West Texas Intermediate crude prices have soared by 58%, regular gasoline prices have soared by …
The consequences of European — and thereby the UK too — dependency on Russia for energy are once again written in plain sight as gas prices soared on Monday after promised supply boosts failed to materialize. Russia, which is the …
