A number of other “terrorist attacks” have targeted Russia’s energy infrastructure, including an attempt to blast one of the sections of the TurkStream gas pipeline which runs from Russia to Türkiye, he said.
The specter of OPEC+ even considering such a large cut as global oil supplies are tight has sent the Biden Administration reeling. White House spokesman John Kirby on Wednesday said that the United States needed to be less dependent on OPEC+ and other foreign producers of oil. The White House was reportedly in a panic leading up to the meeting, trying to prevent OPEC+ from taking such a “hostile act”. In the runup to the meeting, the White House unleashed Amos Hochstein, Janet Yellen, and Brett McGurk to plead its case with the Gulf Nations. Evidence suggests the move had zero effect.
In the meantime, the American Petroleum Institute (API) has criticized the administration’s energy policies, saying that dependence on OPEC and other foreign countries for our energy is a “choice”.
As Russia ups its threats to Ukraine’s beleaguered nuclear power plants, the Biden Administration has asked Congress to set aside $35 million to prepare for a possible nuclear incident in Europe.
The letter, dated February 25, just one day after Vladimir Putin’s forces launched their assault on Ukraine, noted the “dangerous juncture” of the moment before segueing into a list of demands: more drilling on US public lands; the swift approval of proposed gas export terminals; and pressure on the Federal Energy Regulatory Commission, an independent agency, to greenlight pending gas pipelines.
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Much of the new gas infrastructure won’t be operational for several years, which may be beyond the timeframe of the Russia-Ukraine conflict that has squeezed supplies and caused gas prices to spike. So much LNG export is planned or under construction, adding up to about half of all total US gas production, that it will probably cause gas prices to climb for domestic American users, according to Clark Williams-Derry, analyst at the Institute for Energy Economics and Financial Analysis
“It’s beginning to eat into the amount of gas available to domestic consumers,” said Williams-Derry. “We will see very severe impacts on domestic US gas prices. We will see the impacts for as long as the eye can see.”
The people of Jackson, Mississippi, have toxic sludge coming out of their kitchen faucets. In some neighborhoods, there isn’t enough water pressure to flush toilets. They’ve gotten, at most, the distracted attention of President Joe Biden.
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One joker suggested that if the city of Jackson declared itself a part of Ukraine, the $2 billion check would be in the mail tomorrow.
The US has sent Poland a proposal to help build six nuclear reactors in the country in a bid to reduce carbon emissions and gradually phase out coal, the Polish Climate ministry announced on Monday.
John here. France is working to bring all of its nuclear power plants back online before winter and Germany is contemplating a plan to postpone the closure of its plants. Hungary has just issued approvals for two new nuclear reactors from Rosatom. Nonetheless, Ukraine is pushing for sanctions on Russian uranium. Theoretical capacity to replace uranium with thorium won’t translate into immediate results, so any sanctions in the short term would put further pressure on energy markets.
Months after an MIT professor was cleared of spying for China, he helped make a major scientific discovery. But he says the success has been bittersweet.
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