Food prices expected to go even higher this year– for many kitchen staples and for eating out. We have the numbers. A new report shedding light on global demand for micro chips. Is it up or down? And what does China have to do with it? Germany preparing for an energy emergency, in case Russia stops oil…
USDA: Grocery Prices to go even higher; Germany Prepares for Energy Emergency | NTD Business
G-7 Reject Paying for Russian Natural Gas in Rubles
The German energy minister has announced that the Group of Seven major economies (G-7) had agreed to reject categorically Russian President Vladimir Putin’s demand that payments for Russian natural gas be made in rubles. On Monday, when asked about Putin’s ultimatum demanding that “unfriendly countries” must make payments for natural gas in Russian fiat currency, German…
Investors Pulling Money Out Of China; Will Blackrock Benefit From Climate Rules? | NTD Business
The U.S. and the E.U. strike a new gas deal. The U.S will send more liquefied natural gas to Europe — to help get them off Russian energy. A U.S lawmaker asking financial trade groups for details on Russia exits — as pressure increases for companies to cut ties with Moscow. Investors pulling money out of…
Putin: ‘Unfriendly’ Nations to Pay for Gas in Rubles; Wall St Bonuses Hit Record High | NTD Business
Russian President Vladimir Putin pushing back against Western sanctions. He says “unfriendly” countries will have to start buying Russian energy with Rubles. A former SEC chair speaking out against the new climate proposal. He says the SEC is overstepping its authority. Cryptocurrency is coming to the next FIFA world cup. but crypto’s still banned in the host country. Honda unveiling…
Australia Invests in Natural Gas Projects Amid War-Induced Energy Crisis
Australia is funnelling $80 million into gas projects in a bid to keep domestic prices down while supplies squeeze worldwide. Following its invasion of Ukraine, Russia—the world’s biggest natural gas exporter—has been sealed from international supply lines due to targeted sanctions aimed at key Russian exports. Coupled with a gas shortfall in Australia which is expected…
America’s Emerging Energy Crisis
March 4, 2022
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Commentary The warning signs are everywhere. We are stumbling toward an energy crisis that is likely to be far more severe and long-lasting than the upheavals of the 1970s. And no, this isn’t about Russia or Ukraine. This is about the perilous state of the U.S. electricity grid. If action isn’t taken soon to address the unraveling…
Manchin Objects to New Greenhouse Gas and Environmental Impact Policies on Natural Gas Pipelines
March 3, 2022
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The Federal Energy Regulatory Commission’s (FERC) February policy statements on interstate natural gas projects drew strong objections from Sen. Joe Manchin (D-W.Va.) and the two out of the five FERC commissioners who voted against the statements. Those statements, which add consideration of greenhouse gas emissions and environmental impacts, including on “environmental justice communities,” for FERC to approve…
Republicans Urge Gov. Wolf: Unleash Pennsylvania’s Immense Gas Reserves
March 2, 2022
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Looking at the instability of the European energy markets, Pennsylvania House Republicans are urging Gov. Tom Wolf to unleash Pennsylvania’s natural gas stores to power the world. The largest natural gas reserve in the United States is mostly underground, in Pennsylvania and West Virginia. “If our region was its own country, we’d be the eighth…
Russian Attack Threatens World’s Wheat Supply; Big Tech Cracks Down on Russian Media | NTD Business
The Russian invasion of Ukraine is threatening the world’s wheat supply. We take a look at the challenges and who could be affected the most. Oil prices jump again today. The United States and allies agree to release some of their oil reserves, trying to reassure markets there’ll be enough supply. Russia and China are…
Germany’s Failed Gamble on Green Energy Is a Lesson for America
Commentary In September 2010, the German government released its “Energy Concept for an Environmentally Sound, Reliable and Affordable Energy Supply” (pdf). According to the document, “Germany is to become one of the most energy-efficient and greenest economies in the world while enjoying competitive energy prices and a high level of prosperity.” Twelve years later, it’s…
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