Category: energy

ANALYSIS: Bidenomics: Big Government, Industrial Policy and Centralized Control

July 4, 2023
Biden InflationBidenomicsBusiness & MarketsDemocratseconomic policieseconomyenergyExecutive Branchindustrial policyinflationPoliticsReaganomicsUS
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With an eye toward the upcoming presidential elections, the White House has launched a new public relations campaign called “Bidenomics,” to define President Joe Biden’s economic agenda. “I don’t know what the hell that is, but it’s working,” Biden stated at a June 17 union rally in Philadelphia, begging the question: what is Bidenomics, and…

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Oil Rallies on Saudi and Russian Supply Cuts for August

July 3, 2023
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesMarketsOilstocks
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LONDON—Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August, overshadowing concern over a global economic slowdown and the potential for further increases to U.S. interest rates. Saudi Arabia on Monday said it would extend its voluntary cut of one million barrels per day (bpd) for another month to…

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World Stocks Firm, Nikkei Closes at 33-year Peak

July 3, 2023
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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LONDON—World stocks rose to a two-week peak on Monday, with Japan’s Nikkei closing at its highest level in 33 years, drawing support from signs that cooling inflation might temper central banks’ appetite to further hike rates. European shares rallied, while U.S. equity futures pointed to a positive open for Wall Street which closes early ahead…

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9 Science-Backed Benefits of Creatine Beyond the Gym

July 2, 2023
bodybuilderbrain healthcreatinedepressiondiabetesenergyHealth & SafetyLifestyleNatural SupplementsScience
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In the bustling world of fitness, the cacophony of clanging weights often mingles with tales of the latest and greatest supplements—metabolic boosters, muscle builders, and fat burners. Scan the room, and you’ll spot the gym bros, their arms clutching shaker bottles filled with a spectrum of rainbow-hued liquids. Creatine, a key component of these vibrantly…

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IN-DEPTH: ‘Sacrifice on the Altar of Green Energy’: Commercial Fishing Industry Faces Extinction if Offshore Wind Turbine Development Continues

July 1, 2023
Business & Marketsclean energyCompaniesenergyInflation Reduction ActMagnusNew YorkPolicies & ImpactsRegional & State NewsRegional NewsRhode IslandState NewsUSwind turbines
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Advocates warn that what’s at stake if developers and their foreign investors succeed in constructing offshore wind turbines along the east coast is a crucial food source and a rich cultural heritage preserved among fishermen. “Generations of fishermen could be sacrificed on the altar of green energy,” Meghan Lapp told The Epoch Times. Lapp is…

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IN-DEPTH: ‘Sacrificed on the Altar of Green Energy’: Commercial Fishing Industry Faces Extinction If Offshore Wind Turbine Development Continues

July 1, 2023
Business & Marketsclean energyCompaniesenergyInflation Reduction ActMagnusNew YorkPolicies & ImpactsRegional & State NewsRegional NewsRhode IslandState NewsUSwind turbines
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Advocates warn that what’s at stake if developers and their foreign investors succeed in constructing offshore wind turbines along the east coast is a crucial food source and a rich cultural heritage preserved among fishermen. “Generations of fishermen could be sacrificed on the altar of green energy,” Meghan Lapp told The Epoch Times. Lapp is…

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Southern States Rely on Queensland for Winter Gas Supply

June 30, 2023
AustraliaBusiness & Marketscold winterenergygas supplyWorld
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Southern states face a winter gas shortage and will rely on excess supply from Queensland. Considerable storage and transport capacity is needed to shift the gas south, according to an interim report by the Australian Competition and Consumer Commission. “It is imperative that gas flows from Queensland to the southern states and that there is enough…

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IN-DEPTH: Wind Energy Ocean Industrialization Undermines Ecosystem

June 30, 2023
Business & MarketsCompaniesenergyInflation Reduction ActNew JerseyPolicies & ImpactsRegional & State NewsState NewsUSUS Newswhale deathswind turbine
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A natural resource largely untouched by development now faces colossal industrialization of wind energy along the east coast. Clean-ocean advocates monitoring its expansion warn that this race to construction undermines an ecosystem that will lead to catastrophic consequences. “They’re moving at such a reckless pace without any real good science or due diligence,” said Clean…

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10 Tonnes of Mining Needed for One EV, CEO Reveals True Cost of Net Zero

June 30, 2023
AustraliaBusiness & Marketscoppercritical mineralseconomic policiesenergyEVInternationallithiumminingnet zeroWorld
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BRISBANE—Business leaders at the World Mining Congress have revealed the sheer scale (and urgency) of new mining activity needed to make net zero societies feasible. The climate change movement—supposed to be about protecting the environment—will, in fact, spur mining companies to go “deeper, bigger, and faster” to meet the demand for critical minerals like lithium…

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An Inflation Gauge Tracked by the Federal Reserve Falls to Its Lowest Point in 2 Years

June 30, 2023
Business & Marketseconomic policieseconomyenergyinflationMarketsrecessionspendingUS
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WASHINGTON—An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs. At the same time, consumers barely increased their spending last month, boosting it just 0.1 percent, after a solid 0.6 percent gain in April….

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