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Tag: oil prices

Biden Begged Saudis to Delay Oil Production Cut After U.S. Mid-Term Elections

Biden Begged Saudis to Delay Oil Production Cut After U.S. Mid-Term Elections

The Select Committee investigating the Jan. 6 Capitol riot voted during its Thursday hearing to subpoena former President Donald Trump. The committee voted unanimously to subpoena the former president, with chairman Bennie Thompson of Mississippi arguing Mr. Trump was the person most responsible for the riot. Meanwhile, as the congressional clowns divert the attention of the American people away from issues that matter, American and European leaders are feverishly preparing for a nuclear war with Russia. Before we give you…

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Wake Up Sleepy Joe: Saudis Cozy Up to Russia

Wake Up Sleepy Joe: Saudis Cozy Up to Russia

*OPEC+ IS ALIGNING WITH RUSSIA WITH ANNOUNCEMENT: JEAN-PIERRE OPEC Snubs Illegitimate Biden; Cuts Oil Production 2MM B per day The Organization of Petroleum Export Countries (OPEC) met in Vienna, Austria and agreed to CUT oil production by two million barrels per day, despite strong input from the United States seeking an increase in output. A group of some of the world’s most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude…

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Peak Oil is back!

Peak Oil is back!

A Global Oil Shortage Is Inevitable Authored by Tsvetana Paraskova via OilPrice.com, While oil and gas companies come under pressure to reduce production, the world’s thirst for new supply is only growing  Without a significant uptick in investment, demand for oil and gas will surpass supply in the not-so-distant future This disconnect between the political desire for less fossil fuels and the global hunger for fossil fuels could drive the price of oil up to $100 Chronic underinvestment in new…

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