‘We can’t be an oil supplier’: Biden’s adviser says oil reserve releases must end

One of Biden’s top energy aides confirmed Friday the administration won’t extend the oil releases from the Strategic Petroleum Reserve that are scheduled to end this fall.

‘We can’t be an oil supplier’: Biden’s adviser says oil reserve releases must end

Related:

Soaring U.S. Production Can’t Keep LNG Prices In Check

Europe has displaced Asia as the top destination for U.S. LNG, and now receives 65% of total exports.

According to a report by the Oil & Gas Journal, 10-year LNG contracts are currently priced at ~75% above 2021’s rates, with tight supplies expected to persist as Europe aims to boost LNG imports.

Who’s telling the truth about prices?!

I Cannot Live on Tomorrow’s Bread

On April 19, the International Monetary Fund (IMF) released its annual World Economic Outlook, which forecasted a severe slowdown in global growth along with soaring prices.‘For 2022, inflation is projected at 5.7 percent in advanced economies and 8.7 percent in emerging market and developing economies – 1.8 and 2.8 percentage points higher than projected in … January’, the report noted. IMF Managing Director Kristalina Georgieva offered a sobering reflection on the data: ‘Inflation is reaching the highest levels seen in decades. Sharply higher prices for food and fertilizers put pressure on households worldwide – especially for the poorest. And we know that food crises can unleash social unrest’.

I Cannot Live on Tomorrow’s Bread

Related:

This Isn’t Putin’s Inflation

H/T: The New Dark Age

Sinister Rockefeller Food System Agenda — They Created it and Now Want to Destroy It

No one group has done more to damage our global agriculture and food quality than the Rockefeller Foundation. They began in the early 1950s after the War to fund two Harvard Business School professors to develop vertical integration which they named “Agribusiness.” The farmer became the least important. They then created the fraudulent Green Revolution in Mexico and India in the 1960s and later the pro-GMO Alliance for a Green Revolution in Africa since 2006. Money from the Rockefeller Foundation literally created the disastrous GMO genetically altered plants with their toxic glyphosate pesticides. Now again, the foundation is engaged in a major policy change in global food and agriculture and it’s not good.

Sinister Rockefeller Food System Agenda — They Created it and Now Want to Destroy It