Washington is selling gas to the EU for four times what it charges at home, the French finance minister says
US taking advantage of EU energy crisis – Paris
Tag: gasoline prices
The Straw That Broke the Camel’s Back: The Best Way to Respond to Saudi Arabia’s Embrace of Putin
The Best Way to Respond to Saudi Arabia’s Embrace of Putin
But this claim is unjustified. OPEC has never cut production in such a record tight market and these production cuts will lead to unsustainably low oil inventories, sending the price of oil skyrocketing out of any “acceptable band.” Furthermore, the G-7 oil price caps plan is not targeted at OPEC; it is strictly limited to Russian oil.
Nor can this Saudi move be justified by the non-existent global recession its leaders cite. Presently markets are very tight, with lush 73 percent profit margins for Saudi Arabia. In other words, there was no immediate need for Saudi Arabia to reduce supply unless they were seeking to harm the U.S. to the benefit of Russia.

Non-existent global recession?!? Low oil inventories?!? Maybe Biden shouldn’t be releasing our oil from the Strategic Petroleum Reserve?! As for never cutting production, before, looks like they have!? 🤷🏼♀️
Goodbye to ‘low’ gas prices
U.S. gasoline prices are rising again.
Goodbye to ‘low’ gas prices
H/T: Calculus of Decay
EU Pushes For More Sanctions Which Will Come Back To Bite It

On February 22, two days before Russian troops entered the Ukraine, the U.S. and the EU put reams of sanctions onto Russia. They also confiscated some $300 billion of Russia’s reserves that were invested in the ‘west’. The sanctions had been negotiated between the EU and the U.S. and prepared for over several months.
EU Pushes For More Sanctions Which Will Come Back To Bite It
Biden releases 10 million oil barrels Strategic Petroleum Reserve after OPEC decision
President Joe Biden will order more oil released from the Strategic Petroleum Reserve as gas prices are on the rise and OPEC announced it was making its biggest cuts in production in more than two years.
Biden releases 10 million oil barrels Strategic Petroleum Reserve after OPEC decision
What is NOPEC, the US bill to pressure OPEC+?
US legislation that could open members of oil producing group OPEC+ to antitrust lawsuits has emerged as a possible tool to tackle high fuel prices, after the body said it would slash production despite lobbying by the Biden administration.
What is NOPEC, the US bill to pressure OPEC+?
Germany criticizes U.S. for charging high gas prices
“Some countries, even the friendly ones, are charging astronomical prices in some cases. Of course, this brings problems that we must talk about,” Habeck told the Neue Osnabruecker Zeitung (NOZ) newspaper.
…
“The United States turned to us when oil prices soared, and the national oil reserves were tapped in Europe as well,” Habeck said. “I think such solidarity would also be good for curbing gas prices.”
Germany criticizes U.S. for charging high gas prices
US Electricity Prices Rise Most in 41 Years as Inflation Endures
WASHINGTON – Electricity bills for US consumers jumped the most since 1981, gaining 15.8% from the same period a year ago, according to the US Bureau of Labor Statistics.
US Electricity Prices Rise Most in 41 Years as Inflation Endures
White House rules out ban on natural gas exports this winter
White House rules out ban on natural gas exports this winter
“Americans for years enjoyed low price natural gas,” said Mark Wolfe, head of NEAD. “I am afraid that era is now over.”
Video-prank with President of Moldova Maia Sandu or “a conversation that did not exist”
Oct 4, 2022 – Russian pranksters Vladimir Kuznetsov and Alexey Stolyarov (Vovan and Lexus) communicate with President of Moldova Sandu as Prime Minister of Ukraine.
Full prank with the President of Moldova Maia Sandu from Vovan and Lexus or “a conversation that did not exist” (as the Sandu administration claims).
The President of Moldova was very talkative, thinking that “Prime Minister of Ukraine Shmygal” wanted to give her compromise on opposition politicians.
She told how Moldova hangs on the verge of a total gas and electricity outage. Prices have already soared 10 times, and the president does not know how to stop the growth. Meanwhile, Sandu trades the territory of her own country, offering it to Ukraine.
Sandu also expressed her disappointment about the country’s energy dependence on Gazprom and Pridnestrovie. At the end, the president revealed the future of the Moldovan army and a possible military operation to deoccupy Pridnestrovie. And also about U.S. assistance.
Video-prank with President of Moldova Maia Sandu via Stars Save the Earth
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