The US is facing rising debt, Social Security fund depletion, accelerated sovereign debt issuance, and a $150 trillion global "Net Zero" forecast requiring potential debt monetization by the Fed.
By Michael Kern - Apr 19, 2023 https://oilprice.com/Latest-Energy-News/World-News/Nuclear-Troubles-Send-French-Winter-Power-Prices-Soaring.html France’s power prices for early 2024 are double the German prices for next winter as the huge French nuclear fleet continues to show signs of weak output and availability. The French power price for the first quarter of 2024 was at $455 (416 euros) per megawatt-hour (MWh) on…
EU approves high-carbon import tax based on CO2 emissions to push for global carbon pricing and counter the benefits to local industries relocating to regions with weaker environmental laws.
The total number of total active drilling rigs in the United States rose by 5 this week, according to new data from Baker Hughes published Friday, after falling 3 last week.