This time, the Russian people don’t feel the brunt of the war, so the pressure to end it is limited it and Russia’s vast fossil fuel revenues are available to continue it, perhaps for years.
Moreover, a vast array of skeptics and critics also had warned for years that Germany’s “Energiewende” was heading for disaster. They too were ridiculed and dismissed.
After weeks of contradictory advice from Brussels, the EU just gave its assent to payment for Russian gas in roubles by its members.
Guest Yogi Berra impression by David Middleton Last month, Dr. Phillip Verlenger, a professional prediction maker, predicted a crash in U.S. crude oil production in 2020. My response was: Certainly if prices drop below $50/bbl...
The United States imposed sanctions on Russia back in 2014 after Moscow annexed Crimea. But it appears oil giant ExxonMobil would like an exception for their own profit. They're seeking a sanctions waiver from the U.S. Treasury...
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