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Tag: Oil

Europe Begins Energy Rationing as the Crisis Moves Into Daily Life

Europe is now removing any doubt about the seriousness of this crisis, because governments do not tell millions of people to stay home from work unless there is a...

Egypt Goes Dark Amid Energy Crisis

Egypt is now offering a real-time example of what happens when an energy crisis moves from theory into reality, and it is not unfolding in some distant or abstract...

The Oil That Is Already on the Water Is the Only Thing Buying Time

The problem with an oil crisis is that the public never feels it all at once because oil does not move by magic. It moves by ship, and ships move slowly. That delay...

Crisis in Cuba – Sanctions, Starvation, and Blackouts

???? CUBA'S POWER GRID COLLAPSES UNDER STRAIN Cuba is dealing with a brutal blackout crisis, with power outages lasting up to 20 hours a day. The island’s...

Saudi Arabia Is Playing the Long Game

  Saudi Arabia is doing precisely what governments do when they understand that the world is no longer stable: buying protection, influence, and time....

Price Controls Never Solve a Crisis

Governments never seem to learn from history. Every time energy prices surge, politicians rush to impose price controls as if markets can be commanded to obey...

China Loses Access to Venezuelan Oil

China became Venezuela’s largest oil purchaser through oil-for-debt deals. Socialism failed, and the nation was desperate for funds, especially after being...

The EU to End All Russian Gas Imports by 2027

The European Union will phase out all Russian oil imports by January 1, 2028. New contracts will be prohibited after January 2026; existing short-term contracts...

Exxon Announces Mass Layoffs

Recent data from the Chicago Fed and ADP indicate new hires at a 16-year low. The ADP offered a bit of promising news for large corporations as they managed to...

US Secures $15B Energy Deal with Italy

Italy has finalized a major energy deal with the United States, which will reform energy trade between the two nations. Unlike other European countries that are...