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05/05/2022
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By Mary Villareal
Supply chain on the brink of COLLAPSE as diesel price surge hits trucking industry hard
The price of diesel has reached an all-time high of $5.321 a gallon, leaving the trucking industry reeling and the supply chain on the brink of collapse. Oil and gas prices have also increased, now standing at $4.187 a gallon, just a smidge down from the all-time high of $4.331 set on March 11. The trucking industry relies […]
04/22/2022
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By Ramon Tomey
Chinese state-owned oil firm plans to drop assets in the West for fear of economic SANCTIONS
An oil company owned by the Chinese government announced plans to drop its assets in Western countries for fear of sanctions that may be imposed on it. Industry sources confirmed to Reuters in late March that China National Offshore Oil Corporation (CNOOC) is preparing to divest its operations in the U.S., U.K. and Canada due to the […]
04/15/2022
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By Mary Villareal
EU looking at embargo on Russian oil products, potentially causing another supply chain catastrophe
European officials are now drafting plans for an embargo on Russian oil products, the most contested measure yet in punishing Russia for its invasion of Ukraine. After banning Russian coal – a move that sent coal prices around the globe at all-time highs – the European Union (E.U.) is now likely to adopt a similar […]
04/08/2022
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By Kevin Hughes
UK unable to pay for Russian gas after imposing sanctions on Russia’s Gazprombank
The United Kingdom is now unable to pay for Russian gas after President Vladimir Putin’s order that this commodity must be paid for in rubles. It is the consequence of enforcing sanctions on Russia’s Gazprombank, through which payments for Russian natural gas are made. Foreign currencies can be changed to rubles on the Moscow Exchange for Gazprom customers, but […]
04/05/2022
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By Roy Green
Mike Adams: Learn resilient prepping to survive Great Reset
The Health Ranger Mike Adams feels the Great Reset is happening and wants unsuspecting people not to be caught off-guard when the “war against humanity” and “engineered economic apocalypse” being waged by the globalists ravage the Earth. There are luminous signs, the brightest of which is the vaccine-induced deaths and injuries. Then there’s the Russia-Ukraine […]
04/05/2022
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By News Editors
President Putin’s full remarks at the oil for ruble announcement
Today I have signed an Executive Order that establishes the rules for trade in Russian natural gas with so-called unfriendly states. We offer counterparties from such countries a clear and transparent scheme. To purchase Russian natural gas, they must open ruble accounts in Russian banks. It is from these accounts that payment will be made […]
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 […]
04/01/2022
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By Ethan Huff
If buyers won’t pay for gas exports in rubles, Putin will HALT the pipelines
In an urgent March 31 announcement, Russian President Vladimir Putin warned the West that if payments for energy exports are not made in rubles, those exports will be halted effective April 1. Since NATO sanctions do not allow Russia to use dollars or euros, there is no use accepting these currencies as payment for Russian […]
03/31/2022
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By Ramon Tomey
Saudi Arabia may increase oil prices amid Russia-Ukraine war
Saudi Arabia may increase the price of its crude oil as the repercussions of the Russia-Ukraine war are felt throughout global markets. An assessment by Bloomberg found that state-owned petroleum company Saudi Aramco may raise the selling price of its flagship Arab Light crude to $5 a barrel in Asia. The news outlet added that the price increase […]
03/30/2022
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By Mary Villareal
The REAL price of fuel: Reports of deaths and violence plague Sri Lanka as people queue to buy expensive fuel
The Russian invasion of Ukraine has increased protests in Sri Lanka as the country falls into its worst economic crisis since its independence in 1948. The fuel crisis in Sri Lanka has led to at least three deaths due to the long hours of waiting that proved too much for people. Numerous others have also […]
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