11-08-2022, 10:35 PM
So I’ve been wondering where Ukraine and Europe are getting diesel...
Algeria officially applies to join BRICS bloc
Algeria is Europe’s largest provider of natural gas after Russia and Norway. Algeria has the 11th largest gas reserves in the world.
BRICS is turning into the world's source for commodities. If they can figure out a BRICS currency...
Brazil-Russia-India-China-South Africa BRICS Bloc Grows with U.S. Left Out
WW3 = BRICS Vs NATO.
Quote:The US Northeast Is Hurtling Toward a Winter Heating Crisis (November 7, 2022)
Region is rationing heating oil, warning of natural gas shortages
In the most densely populated corner of the US, temperatures are just starting to drop. And the signs of a winter crisis are already multiplying.
Heating oil delivered to New York is the priciest ever. Retailers in Connecticut are rationing it to prevent panic buying. New England’s stockpiles of diesel and heating oil — the same product, taxed differently — are a third of normal levels. Natural gas inventories are also below average. A Massachusetts-based utility is imploring President Joe Biden to prepare emergency measures to prevent a gas shortage.
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That creates a tricky political calculus for the Biden administration. US energy exports have surged amid pressure to help European allies replace sanction-hit Russian supplies. But Biden is also facing calls to curb such shipments to help consumers at home. For Republicans, inflation has proved to be a potent political weapon: A press release announcing a Donald Trump rally in Pennsylvania this month noted the state’s surging heating oil prices.
So far, the Biden administration is using one of the few tools it has at its disposal to tackle high pump prices: It’s releasing unprecedented amounts of crude oil from the nation’s emergency reserves. But that can only go so far. US refineries are already running flat out, and without excess capacity to process the crude into usable fuel, the extra oil releases don't do much good.
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On peak days in the winter, as much as 35% of New England’s natural gas supply comes from LNG cargoes, according to New Hampshire utility Unitil Corp. And the US will find itself in competition with buyers from the UK to Japan.
Algeria officially applies to join BRICS bloc
Algeria is Europe’s largest provider of natural gas after Russia and Norway. Algeria has the 11th largest gas reserves in the world.
BRICS is turning into the world's source for commodities. If they can figure out a BRICS currency...
Brazil-Russia-India-China-South Africa BRICS Bloc Grows with U.S. Left Out
WW3 = BRICS Vs NATO.
"The New World fell not to a sword but to a meme." – Daniel Quinn
"Our society is run by insane people for insane objectives. I think we're being run by maniacs for maniacal ends and I think I'm liable to be put away as insane for expressing that." ― John Lennon
Rogue News says that the US is a reality show posing as an Empire.
"Our society is run by insane people for insane objectives. I think we're being run by maniacs for maniacal ends and I think I'm liable to be put away as insane for expressing that." ― John Lennon
Rogue News says that the US is a reality show posing as an Empire.