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natural gas
05/06/2022
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By JD Heyes
Gas storage in Germany hits record lows as Russia halts fertilizer shipments and European continent reels from high heating costs
A few years back, then-President Donald Trump highlighted the stupidity of continuing to fund NATO as a bulwark against Russia when one of the alliance’s founding members, Germany, was pursuing a natural gas deal with Moscow. “It is very sad when Germany makes a massive oil and gas deal with Russia, where we’re supposed to […]
04/28/2022
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By Ethan Huff
Germany signals support for “gradual” EU ban on Russian oil after Moscow rejects gas payments from seized trading firm
For the first time, Germany says it is now ready to impose a “gradual ban” on Russian oil amid the ongoing conflict in Ukraine. After Russia refused to accept a payment from a trading firm that Germany seized from Moscow’s control following its invasion of Ukraine, the European Commission is escalating the situation further by […]
04/07/2022
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By JD Heyes
Another lie debunked: Russia set for record earnings in oil, gas in 2022, despite Western sanctions
Whatever you have heard or read regarding the alleged damage U.S.-led Western sanctions are doing to Russia’s economy, you should take them with a grain of salt. In reality, the Russian government is doing fairly well, all things considered, and in fact, Moscow is on pace for a banner year in oil and gas sales, […]
04/04/2022
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By JD Heyes
IT BEGINS: Russian gas giant halts shipments to Europe through key pipeline after German CEO warns of impending economic “catastrophe”
Economic fallout between Russia and the rest of Europe worsened on Saturday after a Russian energy giant decided to cut off natural gas to the continent that flowed through a major pipeline. The action by Gazprom to shut down the Yamal-Europe pipeline, a crucial artery for energy flows, came just a day after European countries […]
03/10/2022
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By Ethan Huff
21 Key U.S. natural gas producers were hacked just before Ukraine invasion: a warning shot?
Back in mid-February just hours before Russia invaded Ukraine, nearly two dozen major natural gas suppliers and exporters were hacked. Among them was Chevron Corp., Cheniere Energy Inc., and Kinder Morgan Inc., according to reports. The attacks targeted companies linked to producing liquefied natural gas, or LNG, as part of a larger effort to infiltrate […]
03/07/2022
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By JD Heyes
France declares “all-out economic and financial war on Russia” before backtracking because Moscow controls European energy flows
While the doddering Joe Biden and his hapless regime of foreign policy amateurs struggle to deal with Russia’s aggression against Ukraine, the country where son Hunter Biden made so much money, other Western nations are taking definitive action, and that includes France. Or so it was thought. Turns out the bluster wasn’t such a good […]
11/03/2021
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By Mary Villareal
China faces gas shortage as Beijing seeks to conserve coal, diesel and other fossil fuels
Just two days after Beijing imposed price controls on its coal rationing, the country is facing another crisis: gas shortage. Many stations across the country are running out of diesel due to supply constraints. As the Chinese economy aggressively reopened following the Wuhan coronavirus (COVID-19) shutdowns, the supply of fossil fuels started to dwindle amidst […]
11/01/2021
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By Mary Villareal
Chinese gas stations ration diesel amid shortages, adding to supply chain crisis
Fuel retailers in China are now rationing diesel volumes to customers as the country intensifies its efforts to avert a supply crunch that is already affecting the coal and natural gas sectors. Long lines of vehicles are making their way to pump stations across Guangxi and Anhui provinces in east and southwest China, with truck […]
10/19/2021
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By Mary Villareal
Natural gas shortages prompt power plants to switch to oil
Natural gas and coal prices have pressured power-generation companies to switch to using oil, which could mean an additional half-million barrels a day added to the global oil demand. In its monthly market report, the International Energy Agency (IEA) has increased its global oil demand forecasts for the year and the next by 170,000 and 210,000 […]
10/15/2021
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By Arsenio Toledo
Extended energy supply shortage looms as prices for oil and natural gas soar
The prices of oil and natural gas have been on an extended climb, a trend that is warning America that energy supply shortages will soon become more commonplace. On Monday, Oct. 11, the price of U.S. crude oil rose by 1.5 percent to $80.52 a barrel. This is the first time the price of crude […]
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