Category: Energy

Diesel Prices Hit An All-Time High: Soon So Will The Costs Of Everything You Need & Buy

Diesel prices reached a nationwide average of $5.54 per gallon on Monday, setting a new all-time record, according to the AAA travel agency’s gas tracker. In March, the cost of regular unleaded fuel remained less than half a cent from its record high of $4.33 per gallon, at $4.328 on Monday...

MORE ➡️

Rare-Earth Exports Show ‘Green’ Economy Could Save Communist China’s Faltering Economy

China’s state-run Global Times on Wednesday highlighted soaring rare-earth exports as a bright spot in the sputtering Chinese economy, suggesting the international obsession with “green energy” could be the Communist Party’s path to riches and power in the years ahead…

MORE ➡️

Green Germany Weighs Reopening Coal Power Plants Amid Energy Crisis

Germany is considering reopening some of its decommissioned coal power plants in the hopes of getting a handle on its ongoing energy crisis. The reopening of shuttered plants is seen as an option as the country struggles to ween itself off of its addiction to Russian fossil fuels….

MORE ➡️

Something Very Peculiar Is Happening With Our Strategic Petroleum Reserves

It’s no secret that Americans are paying record prices at the gas pumps. Rapidly ascending prices also affect the cost of all the goods and services that are an integral part of the American economy. Farmers, manufacturers, delivery companies, repair people…you name it: They’re paying more to do their jobs and they’re passing those costs to consumers. So why now, of all times, is the Biden administration selling off America’s Strategic Petroleum Reserve (“SPR”) to Asia?

MORE ➡️

China’s Coal Output Hits Multi-Year High As Glasgow COP26 Climate Conference Continues

China’s state-run Global Times boasted on Monday – day seven of the COP26 climate conference in Scotland – that coal output has reached “the highest level in recent years,” so China’s vast array of carbon-spewing coal-fired power plants can “ensure energy supply security and residential heating during the winter.”

MORE ➡️