‘There’s just no way’: Analysts
say alternative supplies wouldn’t be
able to fully replace Russian oil
Posted By: NorthernDog, 3/8/2022 9:42:14 AM
While there are alternatives to Russian oil, they would be insufficient or difficult logistically if the U.S. and its allies were to ban Russian energy imports, analysts said Tuesday. “There’s just no way even OPEC+ and even combined Iran and Venezuela could make up for it,” Vandana Hari, founder of energy intelligence firm Vanda Insights, told CNBC’s “Squawk Box Asia.” Russia’s war in Ukraine shows no sign of abating as the U.S. and its allies weigh banning Russian oil and natural gas imports. Oil prices spiked to highs not seen since 2008, though later pared those gains. There was also
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NorthernDog"
WASHINGTON — Some social media users suggest that soaring fuel prices in the U.S. aren’t the result of Russia’s invasion of Ukraine, increased consumption or supply chain issues as daily life resumes after two years of stagnation brought on by the coronavirus pandemic. Instead, the flurry of Facebook and Twitter posts offer, without evidence, that a nefarious scheme is underway: President Joe Biden’s administration is intentionally driving up the price of gas to get more American drivers behind the wheel of an electric car. “$6.00 a gallon gas is how you get people to buy electric cars,” claims one popular
U.S. inflation accelerated to the fastest pace in four decades again last month, data from the Bureau of Labor Statistics indicated Thursday, with the recent surge in oil and gas prices linked to Russia's war on Ukraine likely to keep rates elevated well into the second half of the year. The headline consumer price index for the month of February was estimated to have risen 7.9% from last year, up from the 7.5% pace in January and the fastest rate since June of 1982, powered largely by energy, shelter and services costs. On a monthly basis, inflation was up 0.8%
Gustavo Galvéz, owner of Galvéz Auto Clinic, can testify to the new problem Southern California drivers are facing: gas thieves. A few days ago, a landscaper asked him for help with his vehicle, and they discovered a new modus operandi for criminals. "He went to start the car to go to work, and it didn't start," Galvéz said. "Well, he brought it here to see what the problem was and the gas tank had a hole in it." (Snip) Repairing a gas tank is a very expensive job, running as high as $800. That price includes replacing the tank and
Majority of Democrats Polled Say They
Would Flee, Not ‘Stay and Fight,’
if Russia Invaded US 41 replies
Would Flee, Not ‘Stay and Fight,’
if Russia Invaded US 41 replies
A majority of Republicans and independents would stay and fight were Russia to invade the United States while a majority of Democrats say they would flee, according to a new Quinnipiac poll. The poll comes amid Russia’s military invasion of Ukraine. Overall, 55 percent of respondents “say they would stay and fight, while 38 percent say they would leave the country,” according to Quinnipiac. Seven percent say they don’t know or say it’s not applicable. Sixty-eight percent of Republicans would stay and fight, while 25 percent say they wouldn’t and 6 percent say they don’t know or say it’s not
WASHINGTON — Rising gas prices pose a fresh election year challenge for President Joe Biden. He’s balancing concerns about costs at the pump in the U.S. against calls from both parties to step up penalties on Russian President Vladimir Putin following his invasion of Ukraine. (Snip) Later, while arriving on a visit to Texas, Biden was asked if he had a message for the American people about gas prices and responded, “They’re going to go up.” “Can’t do much right now,” the president added in response to questions. “Russia is responsible.” That’s a message the president may have to reinforce
The U.S. intelligence community has assessed that Iran will threaten Americans — both directly and via proxy attacks — and that Tehran remains committed to developing networks inside the U.S., according to the intelligence community's 2022 Annual Threat Assessment, published Tuesday by the Office of the Director of National Intelligence (ODNI). (Snip) CBS News has obtained two persistent threat assessments submitted to Congress by the State Department in January 2022 which cited a "serious and credible threat" on the lives of former Secretary of State Mike Pompeo and former Trump administration Iran envoy Brian Hook. These non-public assessments show that throughout 2021
Gold futures jumped above $2,000 an ounce on Tuesday, extending its rise toward record-high levels, as the war in Ukraine fueled bids for safe haven assets like bullion. Meanwhile, palladium prices reached an all-time high as the Ukrainian crisis in its second week, prompted a surge higher in the broad commodity complex. April gold rose $69.50, or 3.5%, to $2,065.40 an ounce, following a 1.5% advance on Monday, which has put bullion at around the highest level in about nearly 19 months, hitting a Tuesday peak at $2,070.40. “The rally in gold has been accelerating since the Russia/Ukraine tensions began
MINNEAPOLIS — Minneapolis public school educators are officially on strike as of Tuesday morning. The Minneapolis Federation of Teachers and Education Support Professionals announced the strike early Monday evening. The union and school district failed to come to an agreement during the 10-day cooling period following a strike authorization vote late last month. (Snip) About 3,500 Minneapolis teachers and education support professionals will participate in the strike. Their demands include a living wage for the support professionals staff, smaller class sizes and a counselor and social worker at every school. They’re also looking for more educators of color and higher
Nickel prices soar 90% to new record high
on worries about shortages from major
supplier Russia 5 replies
on worries about shortages from major
supplier Russia 5 replies
Nickel prices in London logged a record surge on Monday amid escalating concerns that production in Russia will be disrupted in the wake of Moscow's invasion of Ukraine. The three-month nickel contract leapt 90% to trade above $55,000 a metric ton on the London Metal Exchange, according to pricing from Bloomberg. That marks a new all-time high, and the jump of more than $26,000 marked the biggest single-day dollar gain ever. Russia is the world's third-largest nickel producer, according to the US Geological Survey, with roughly two-thirds of global nickel production used to make stainless steel. Nickel is also key
While there are alternatives to Russian oil, they would be insufficient or difficult logistically if the U.S. and its allies were to ban Russian energy imports, analysts said Tuesday. “There’s just no way even OPEC+ and even combined Iran and Venezuela could make up for it,” Vandana Hari, founder of energy intelligence firm Vanda Insights, told CNBC’s “Squawk Box Asia.” Russia’s war in Ukraine shows no sign of abating as the U.S. and its allies weigh banning Russian oil and natural gas imports. Oil prices spiked to highs not seen since 2008, though later pared those gains. There was also
A restaurant in France seeks to clear its name after fielding confusion surrounding poutine, its signature dish — fries doused with cheese curds and gravy — and Russian President Vladimir Putin, the leader who announced an invasion into Ukraine just over a week ago. La Maison de la Poutine, or The House of Poutine, tweeted on Friday that it received "calls of insults and even threats" over its namesake dish. "It, therefore, seems necessary for us to recall that La Maison de la Poutine is unrelated to the Russian regime and its leader," the tweet read. It featured the restaurant's logo, a
The national average price for gas has topped $4 a gallon for the first time in over a decade as gas costs continue to soar in the wake of Russia's invasion of Ukraine. As of Sunday afternoon, the national average of a regular gallon of gas was $4.009, according to AAA. That's up 8 cents from Saturday and up 40 cents from last week. The U.S. hit the $4 national average a day earlier than analysts expected. The record high for the national average is $4.11, set on July 17, 2008, according to AAA. Patrick De Haan, head of petroleum
Most Active Articles (last 48 hours)
Majority of Democrats Polled Say They
Would Flee, Not ‘Stay and Fight,’
if Russia Invaded US 41 replies
Would Flee, Not ‘Stay and Fight,’
if Russia Invaded US 41 replies
A majority of Republicans and independents would stay and fight were Russia to invade the United States while a majority of Democrats say they would flee, according to a new Quinnipiac poll. The poll comes amid Russia’s military invasion of Ukraine. Overall, 55 percent of respondents “say they would stay and fight, while 38 percent say they would leave the country,” according to Quinnipiac. Seven percent say they don’t know or say it’s not applicable. Sixty-eight percent of Republicans would stay and fight, while 25 percent say they wouldn’t and 6 percent say they don’t know or say it’s not
Biden’s climate change agenda would
reduce oil demand enough to replace Russian
imports: Study 41 replies
reduce oil demand enough to replace Russian
imports: Study 41 replies
President Biden’s announcement that the United States will ban imports of Russian oil caused the price of crude to surge on Tuesday morning. However, the pain that Americans are set to feel at the gas pump could eventually be offset if Congress were to pass Biden’s Build Back Better agenda, a new study finds.
An analysis released Tuesday by the nonpartisan think tank Energy Innovation finds that the climate change provisions of Biden’s now-defunct proposal, such as tax credits for buying new electric vehicles, would have reduced U.S. oil consumption by 2025 by half of the roughly 200,000 barrels of crude oil from Russia
Florida Governor Ron DeSantis’s position on LGBT education bill “has not changed” despite a concerned call from Disney CEO Bob Chapek and company executives. They reportedly plan to meet with DeSantis to air their concerns about Florida’s recently passed Parental Rights in Education bill, which prohibits gender ideology and sexual orientation curriculum for kindergartners through third graders in the state.
DeSantis is expected to sign the bill into law in the coming days after it passed the state legislature on Tuesday. Chapek told The Hollywood Reporter that he voiced his and his colleagues’ concerns to DeSantis Wednesday morning over the phone, and said that the governor agreed to a follow-up conversation.
Addressing reporters one day after the Florida legislature passed a bill barring teachers from including discussions of sexual orientation and gender identity in their K-3 curriculum, White House press secretary Jen Psaki questioned whether the bill’s supporters are bigots intent on doing harm to gay children.
The bill would “discriminate against families, against kids—put these kids in a position of not getting the support they need at a time when that’s exactly what they need,” Psaki said. “It’s discriminatory, it’s a form of bullying, it his horrific. I mean, the president has spoken to that.”
Psaki was responding to a question from a reporter on why President Biden voted in favor
A maternity hospital in the Ukrainian city of Mariupol has been blown up in a 'direct hit' by Russian rockets leaving children buried in the rubble, President Zelensky has said, in what he described as an 'atrocity.'Zelensky posted a video showing the badly damaged hospital buildings, filmed inside a destroyed ward room with its windows blown out and ceiling partially collapsed. More footage showed a car park covered in rubble and the smouldering wrecks of vehicles as injured families evacuated into the freezing air while snow fell.
President Joe Biden ridiculously promoted his green agenda and advised Americans to purchase massively expensive electric cars so they will unrealistically no longer have to worry about buying gas while deterring “tyrants like Putin” from using fossil fuels as a weapon.“Loosening environmental regulations won’t lower prices. But transforming our economy to run on electric vehicles, powered by clean energy, will mean that no one will have to worry about gas prices. It will mean tyrants like Putin won’t be able to use fossil fuels as a weapon,” the president tweeted.“It should motivate us to accelerate the transition to clean energy,”
The Democrats are well aware of the old adage, “Never let a good crisis go to waste,” and are busy applying it as gas prices spiral out of all control. As PJM’s Chris Queen discussed Monday, Transportation Secretary Pete “Mr. Mom” Buttigieg appeared to be fantastically out of touch when he responded to skyrocketing prices at the pump. “Clean transportation can bring significant cost savings for the American people as well,” asserted Buttigieg. “Last month, we announced a $5 billion investment to build out a nationwide electric vehicle charging network so that people from rural to suburban to urban communities can all benefit from the gas
Kamala Proves the Peter Principle
25 replies
Most of my life, I assumed that we elected serious politicians and appointed competent people to deal with the country’s complex problems -- the Cold War, the Vietnam War, the Civil Rights Movement, the economy, immigration, terrorism, foreign policy, natural disasters, etc. -- major problems that required competent people, serious about addressing (and fixing) the issues.
That was then, this is now. (snip) The Peter Principle says that people rise to the level of their incompetence. (snip) It’s difficult to believe that Biden could find someone less competent than himself, but he did. Among the vast numbers of very unintelligent politicians, VP Kamala is perhaps the least competent
Legendary golfer Tiger Woods broke down in tears as he was inducted into the World Golf Hall of Fame on Wednesday, after being introduced by his 14-year-old daughter Sam. Woods, 46, didn't touch on any of his 82 victories on the PGA Tour or his 15 majors, or the eight surgeries he has endured along the way. Instead, he spoke of his parents taking out a second mortgage that allowed him to play the junior circuit in California, choking up when he mentioned his late father who told him he would have to earn everything he wanted.
The advancement of the America-First policy agenda in Washington has been ground down to a halt due to ineffective leadership and Republican infighting within the House of Representatives. This party disunity has left a leadership vacuum that has given progressives in Washington a window to pursue the failed Biden agenda and spend trillions of dollars in the process, leaving future generations of Americans to pay the price.
Americans are fed up with this failed agenda and it is showing. Polling and political models indicate that Republicans will regain control of the House of Representatives in the 2022 midterm elections. Republicans must not squander this opportunity
deleted web article recovered by The National Pulse reveals that former President Barack Obama spearheaded an agreement leading to the construction of biolabs handling “especially dangerous pathogens” in Ukraine.The news comes on the same day that Biden regime apparatchik Victoria Nuland told the U.S. Senate that the American government is concerned about biological research facilities falling into Russian hands as a result of the ongoing conflict in Eastern Europe.
Originally posted on June 18th, 2010, the article “Biolab Opens in Ukraine” details how Obama, while serving as an Illinois Senator, helped negotiate a deal to build a level-3 bio-safety lab in the Ukrainian city of Odessa.
Macarena had just put on a pair of skinny jeans when her phone rang.
On the other end of the line was an employee from BI Inc, the private contractor tracking Macarena’s whereabouts on behalf of US immigration authorities. The employee had received an alert that the ankle monitor Macarena was wearing had been tampered with, Macarena recalled them saying.(Snip)The US government program was launched in 2004 as a “humane” alternative to detention for immigrants waiting for their cases to be heard in court, a surveillance system that was supposed to keep track of people in the program while helping them access social services.
Comments:
We're going to end up with Carteresque Odd-Even days at the gas station.