The Russian Ministry of Defense announced the buildup of forces in the nation’s Western Military District as a response to the mounting NATO forces near its borders.
“Twelve military units and subunits will be formed in the Western Military District by the end of the year,” said Defense Minister Sergei Shoigu, who highlighted the Swedish and Finnish bids to join NATO as factors in the buildup, according to Russian state media outlet Tass.
Read More
With Russia’s invasion of Ukraine now in its third month, the demonization of all things Russian continues in the West. Russian athletes are prohibited from participating in sporting events, Russian artists prevented from performing, and an Italian university even “postponed” a course on Dostoevsky. As Tal Fortgang observes, “cancel culture is directed not at Russia the violent invader, but at people who have been made into avatars for Russianism.”
Read More
Last week, President Biden gave a speech listing everyone and everything allegedly responsible for record high inflation. His list included corporate greed and price gouging, Vladimir Putin, and “ultra-MAGA” Republicans. The president said that his policies, and the nearly $7 trillion in spending he authorized, have nothing to do with inflation.
None of this holds up under scrutiny. While President Biden claims that corporations are ripping off Americans, the costs of their supplies have been increasing at a record rate. In reality, many companies that Biden claims are stiffing consumers have actually lost money because they don’t want to alienate their customers by raising prices too quickly.
Read More
In the month of April, at least 234,088 illegal aliens crossed the border into the United States, smashing all previous records for the highest monthly total of illegal border crossings in modern history.
As reported by the Washington Examiner, the over 234,000 figure comes from successful interceptions by border authorities, and thus does not account for so-called “gotaways” who evaded the Border Patrol. The numbers were reported by a court document obtained by the Examiner on Monday.
Read More
The federal government has assembled a 21-agency working group to study and assess the environmental impacts of the ongoing war in Ukraine.
The “Interagency Working Group on Environmental Damage in Ukraine” — which was assembled by the Department of State and includes officials from the Environmental Protection Agency, National Oceanic and Atmospheric Administration and Department of Defense — has met weekly for about a month, Axios first reported Friday.
Read More
The Biden Administration last June unveiled its “National Strategy for Countering Domestic Terrorism.” Despite its anodyne-sounding name, the “national strategy” was anything but anodyne. The pamphlet represented the logical culmination of the Left’s cynical use of the January 6, 2021, U.S. Capitol riot as a means of ginning up large-scale, nationwide anti-Republican/anti-Trump voter sentiment.
The result, evinced again by Attorney General Merrick Garland’s disgraceful October 2021 memo directing the FBI to intrude on local school board meetings and crack down on anti-critical race theory parental revolts, has been a roiling cold war waged by the ruling class against us “deplorables” and our political “wrong-think.”
Read More
Sen. Rand Paul (R-Ky.) on Thursday threw a wrench in the Senate’s plans to swiftly pass the $40 billion Ukraine package this week, delaying the vote until at least next week, and possibly beyond.
According to the Hill, Paul wanted to include language in the bill to expand the Afghanistan inspector general’s role to include oversight of the Ukraine funds. Senate Majority Leader Charles Schumer (D-N.Y.) and Minority Leader Mitch McConnell (R-Ky.) offered him a deal that would have set up votes Thursday afternoon on the funding bill and on an amendment from Paul.
Read More
President Joe Biden is promising to boost U.S. production of wheat to offset the loss of Ukrainian and Russian exports from the Black Sea thanks to Russia’s invasion of Ukraine that has shut down the ports there, stating at a farm in Illinois on May 11 that he would extend crop insurance for farmers who double crop in a bid to get more wheat to market this year.
Read More
Former President Donald Trump issued a plea for peace last week. “It doesn’t make sense that Russia and Ukraine aren’t sitting down and working out some kind of an agreement,” Trump said in a statement on the war in Ukraine.
“If they don’t do it soon, there will be nothing left but death, destruction, and carnage,” he added. “This is a war that never should have happened, but it did. The solution can never be as good as it would have been before the shooting started, but there is a solution, and it should be figured out now—not later—when everyone will be DEAD!”
Read More
If the coronavirus pandemic exposed the fragility of our supply chains, Russia’s invasion of Ukraine has laid bare the precarious state of global food security. While inflation and sanctions on Russia have pushed up the price of food and fuel, the latest U.N. climate report provides a further urgent warning to change the status quo for the sake of our planet. It claims that global CO2 emissions must peak by 2025 to avoid catastrophic effects.
But there is an alternative to the uncomfortable choice between economic sacrifice, moral compromise, and ecological ruin. It’s called the bioeconomy, and it has the potential to address the existential challenges posed by climate change, global pandemics, and growing economic inequity. Imagine bio-based antiviral face masks, or carbon-neutral cement produced in facilities located in America’s former industrial hubs.
Read More
From 1936 to 1939, the civil war in Spain became a European laboratory of new tactics, strategies, logistics, wartime morality, and weapons. Right-wing nationalists under General Francisco Franco finally defeated loyal supporters of an evolutionary socialist republic—but only after much of the Western world had variously weighed in.
The cost to the Spanish people of such brutal and vicious strife was horrific. Over 500,000 Spaniards would die in a little over two-and-a-half years. The country was left in shambles.
Read More
Russia’s invasion not only poses an existential threat to Ukrainian sovereignty, but it also represents a direct challenge to American power and credibility globally. If Vladimir Putin prevails, the promise of the United States to act as a security guarantor through NATO in Europe or on its own anywhere will be in shambles.
Moscow is clearly pursuing two goals simultaneously: territorial gains in Ukraine as part of the revanchist ambition to restore the Soviet-era sphere of influence and, more importantly, degrading American strategic prominence, with the goal of driving the United States out of Europe.
Read More
Soaring inflation is leaving Americans battered and bruised—and not just inflation in prices. Inflation in rhetoric is also doing a number on the people of our republic.
We’ve seen it unfold with depressing regularity. Donald Trump was a “fascist dictator,” we were told. The Capitol riot was a “coup” and an “insurrection.” Climate change poses an “existential threat” to all life on earth. And, just this past week, after failing to get the legislative redistricting map he wanted from the state Supreme Court, Wisconsin’s Democratic Governor Tony Evers declared: “At a time when our democracy is under near-constant attack, the judiciary has abandoned our democracy in our most dire hour.”
Read More
Americans, like the planet’s other 7.5 billion people, are not prone to talk or think much about nuclear weapons.
Of course, some of us are old enough to remember how “mutually assured destruction,” or MAD, was supposed to ensure the general peace.
Read More
Even a truncated Russian Federation has four times the pre-war population of Ukraine. It enjoys well over 10 times the Ukrainian gross domestic product. Russia covers almost 30 times Ukraine’s area.
And how does Ukraine expel Russian troops from its borders when its Western allies must put particular restrictions on their life-giving military and financial aid?
The interests of Europe and the United States are not quite the same as those of a beleaguered Ukraine. NATO also wants Vladimir Putin humiliated, but only if the war can be confined within the borders of Ukraine.
Read More
The U.S. Department of Agriculture expects U.S. food prices to increase by at least another 5% on average this year as the majority of Americans surveyed in a new poll cite cost of living increases as a top concern and lack of confidence in President Joe Biden’s ability to do anything about it.
Rising prices are due to inflation, the Federal Reserve increasing interest rates, and consequences of Russia invading Ukraine, the USDA states in its most recent monthly Food Price Outlook, which forecasts retail food inflation.
Read More
Michigan consumers considering the purchase of a new or used car or truck may be wise to put off replacing their current vehicle, according to University of Michigan-Flint Economics Professor Christopher Douglas.
An iSeeCars analysis of 1.8 million car sales in February 2022 concluded prices for used cars are up 35% nationally. In Detroit, used car prices were up 31%, or $7,442.77 over last year.
Read More
Neil W. McCabe, the national political editor of The Star News Network, interviewed veteran Washington reporter and editor John Solomon about the stories he broke about corruption in Ukraine, many of them involving the Biden family, for The Hill newspaper.
Although, there was a newsroom protest against Solomon, who as a news columnist had more latitude than staff reporters, an editorial review of his articles showed that all of them were factual.
Read More Neil W. McCabe, the national political editor of The Star News Network, interviewed veteran Washington reporter and editor John Solomon about the stories he broke about corruption in Ukraine, many of them involving the Biden family, for The Hill newspaper.
Although, there was a newsroom protest against Solomon, who as a news columnist had more latitude than staff reporters, an editorial review of his articles showed that all of them were factual.
Read More
There are several historical referents we should keep in mind about the Ukraine war.
First, no-fly zones. Lots of Westerners are calling for NATO aircraft to establish a no-fly zone above Ukraine to stop Russian bombing of Ukrainian cities.
Read More
I am grateful that The Hill has published an update to its review of my Ukraine reporting and other articles. This points out what I have said that I did not engage in a conflict of interest by quoting Joe diGenova or Victoria Toensing in 2017 because they were not my attorneys at the time.
Read More
In August 2005, the U.S. entered into a little known agreement with Ukraine that included America aid to upgrade security at Ukrainian facilities in which microbes were kept.
Now, almost 17 years later, questions about the deal – and the United States’ broader support for biodefense laboratories in Ukraine – have surfaced amid concerns about chemical or biological weapons being used in Russia’s invasion of Ukraine.
Read More
Russian Deputy Defense Minister Alexander Formin said Tuesday his country will “reduce military activity” in the Ukraine cities of Kyiv and Chernihiv in pursuit of an agreement to end Russia’s invasion of Ukraine.
The announcement follows what Russians are calling a productive day of diplomatic talks in Istanbul, Turkey, with the invasion now roughly four-weeks old.
Russian state media quoted Formin saying: “Due to the fact that negotiations on the preparation of an agreement on the neutrality and non-nuclear status of Ukraine, as well as on the provision of security guarantees to Ukraine, are moving into practice, taking into account the principles discussed during today’s meeting, by the Ministry of Defense of the Russian Federation in order to increase mutual trust and create the necessary conditions for further negotiations and achieving the ultimate goal of agreeing on the signing of the above agreement, a decision was made to radically, at times, reduce military activity in the Kiev and Chernihiv direction.”
Read More
Former Energy Secretary Dan Brouillette suggested that President Joe Biden’s recent gas deal with the European Union (EU) wouldn’t be enough to help the continent wean itself off Russian energy.
Brouillette — who served as deputy energy secretary between 2017-2019 and energy secretary between 2019-2021 — noted that the U.S. wouldn’t be able to fill the gap left by Russian energy during an interview with CNBC on Monday. He added that the EU cannot expect to consume less total energy as part of its plan to ditch Russian gas.
“Frankly, I’m not quite sure that everyone can make up that shortfall,” said Brouillette, according to CNBC. “That’s an enormous amount of gas.”
Read More
pump prices have climbed throughout his tenure.
While Russia’s invasion of Ukraine has destabilized global energy markets, causing an historic supply crunch, high gasoline prices have been the norm throughout Biden’s first 14 months, federal data showed. Experts have blamed the high prices on the administration’s energy and climate policies disincentivizing domestic fossil fuel production.
Since Russia’s invasion, gasoline prices have increased more than 20%, from $3.53 per gallon to $4.24 per gallon, according to the Energy Information Administration. However, pump prices increased a whopping 48.4% between Biden’s January 2021 inauguration and Feb. 21, three days before Russian President Vladimir Putin ordered troops into Ukraine.
Read More
President Joe Biden’s job approval rating plummeted to a new low as concerns grew over the war in Ukraine and surging inflation, according to an NBC News poll released Sunday.
Only 40% of Americans surveyed approved of the job Biden has done through his first two years, marking the lowest rating since he took office, according to the poll. Just 16% of registered voters strongly approved of Biden’s job, and 71% of those surveyed said the country is “off on the wrong track.”
Read More
President Joe Biden and his European counterparts struck a deal Friday to send more U.S. liquefied natural gas (LNG) to the European Union amid the ongoing global supply crunch.
The U.S. and European Commission, the executive arm of the EU, will form a joint task force with representation from both sides under the deal announced by Biden and European Commission President Ursula von der Leyen in Brussels on Friday. The task force will seek to increase energy security for the EU and Ukraine in the run-up to next winter and the following winter while working to end European dependence on Russian fossil fuels.
Read More
In my past role as founder and CEO of Varsity Brands, I came across every old business adage in the book. Some were cheesy, some were over simplified, but many had wisdom as their foundation. One such phrase that’s commonly used is, and with which I struggled because of my compassion for my employees, is, “Don’t bring your problems from home into the office with you.”
There is a variation of that phrase that should be introduced to our political leaders in Washington, albeit a bit too late. Their version of the “leave it at the doorstep” rule needs to be, “Leave your domestic political problems at your shores when conducting foreign policy.”
Read More
The United States is now overwhelmed with propaganda pushing for Americans to “stand with Ukraine” in its war with Russia. It is not enough to wish the people of Ukraine well. The media, Big Tech, and both political parties have made being a partisan of Ukraine some kind of moral duty. Those refusing to get swept up in anti-Russian hysteria can expect to be condemned as traitors and agents of Vladimir Putin.
Read More
Treasury Secretary Janet Yellen defended sustainable investing practices and climate change policies that have negatively impacted U.S. oil and gas drilling in an interview Friday.
“I don’t think that the ESG movement and the emphasis on climate change is creating the problems that we have,” Yellen told CNBC’s “Squawk Box” on Friday morning when asked if investors need to rethink their stance on fossil fuels. “If anything, the problem is that we haven’t moved as rapidly as we should have.”
Read More
A senior Biden administration official handling global energy policy recently held a high-level position at a Ukrainian state-run natural gas firm but resigned citing corruption.
Amos Hochstein, who President Joe Biden appointed to be the State Department’s top adviser for energy security over the summer of 2021, was a member of the energy company Naftogaz’s supervisory board. Hochstein took the position in 2017 after he said government officials persuaded him to accept the offer.
Read More
Joe Biden believes the Ukraine war will mark the start of a “new world order.”
In the middle of the COVID global pandemic, Klaus Schwab and global elites likewise announced a “Great Reset.”
Read More
“We have two parties… One is the Evil Party and the other is the Stupid Party… Occasionally the two parties get together to do something that’s both evil and stupid. That’s called bipartisanship.”
— M. Stanton Evans
The Stupid Party strikes again.
Just one short month ago, Republican leaders and strategists were salivating over the prospect of a GOP blowout in the approaching midterms, as Joe Biden lurched from disaster to disaster. The debacle of our withdrawal from Afghanistan, raging inflation, an uncontrolled invasion at the southern border, crushing vaccine and mask mandates, and the utter failure to control COVID as promised all contributed to an apparent death spiral in the polls for Biden. With even mainstream media outlets acknowledging that the president’s polling numbers had rapidly cratered to unprecedented lows (with no bottom in sight) only one year into a new administration, it appeared that all Republicans needed to do to win big in November was to stay out of the way while the Democrats self-destructed.
Read More
As President Joe Biden prepares to go to Europe, we must recognize that, unless things change, there are likely to be two outcomes to the Russian war on Ukraine – and both are bad for America and the rule of law.
First, the terror campaign of destroying cities and killing women and children is having a devastating effect. President Volodymyr Zelenskyy, out of compassion for his people, is talking more and more about a negotiated settlement. A negotiated settlement will clearly give Vladimir Putin most of what he wants. It will be a Russian victory – an expensive Russian victory, but a Russian victory.
A negotiated settlement with Russia winning will be a disaster for the rule of law. It will be a signal to dictators everywhere that with a weak American President and timid democracies, despots can attack their neighbors with virtual impunity.
Read More
In just the last three weeks, Russia’s invasion of Ukraine has significantly altered our national energy policy landscape and dramatically shifted the political dynamics around legislative priorities and political possibilities in Congress. The roiling of global oil markets, underpinned by an already tight supply situation from the post-pandemic economic awakening, has been driven by perceived risks of supply disruption caused by the Russian invasion. Risk premiums and a formal American embargo of Russian energy have sent prices skyrocketing and revealed, once again, that we have few good short-term options when faced with energy supply challenges. While our tools are limited today, the current moment may present an important window of opportunity to develop a policy approach that reduces this vulnerability and limits our exposure next time. This renewed attention to energy security combined with a focus on fighting energy inflation has the potential to galvanize a bipartisan policy pathway that would have been unthinkable as the year began.
The broad support that materialized in Congress and the White House for a ban on Russian oil and natural gas imports earlier this month is a case in point. Remarkably, widespread congressional support for the ban occurred despite already high gasoline prices, with oil prices well over $100 a barrel and gasoline averaging more than $4.30 a gallon across the nation.
As President Biden said when announcing the ban, “Americans have rallied to support the Ukrainian people and have made it clear we will not be part of subsidizing Putin’s war… This is a step that we’re taking to inflict further pain on Putin, but there will be costs as well here in the United States.”
Read More
Economists across the U.S. expect ongoing inflation as the growth projections for the U.S. economy have plummeted, according to a newly released survey.
The National Association for Business Economics released a survey of 234 economic experts Monday that highlights major concerns about the U.S. economy. The report found inflation ranks as a top worry for economists.
Read More
Monday morning on ‘The Answer with Bob Frantz,’ host Frantz spoke with United States Congressman (R-OH) Jim Jordan about Hunter Biden’s laptop, Big Tech censorship, mainstream media, Ukraine, and Joe Biden’s continuing troubles.
Read More
Russia’s invasion of Ukraine has thrown the global energy market into a state of turmoil, forcing the U.S. and Europe to look for substitutes for Russian oil and gas. In that process, the Biden administration has turned to Iran as a potential supplier — just two months after effectively killing an Israeli pipeline project that would have supplied natural gas to Europe.
The administration’s decision to engage Iran, a decades-long adversary of the U.S., about supplying energy while opposing a close ally’s energy project is feeding concerns among experts that he rewards foes and punishes friends in the Middle East.
Read More
As Ukraine coverage blankets the news nonstop, I keep asking myself: are we really so gullible as to be hoodwinked by an administration and political class covering for their massive failures at home and abroad by mustering up a frenzy of dangerously jingoistic militarism? Not only have they escalated the situation and brought us to the brink of World War III but they have also imposed—and will continue to impose—senseless costs on an American economy already grinding to a halt.
I am not suggesting that any of Joe Biden’s major missteps, whether now or in the past, in any way excuse Russian President Vladimir Putin’s Ukraine invasion, which is in violation of international law and being conducted with reckless indifference to—indeed, the direct intent to inflict—civilian casualties. Although there is no question (details below) that Biden majorly provoked Putin, nothing Biden did stripped Putin of his agency in doing what he is now doing, much less did it demand he do it in the manner in which he is doing it.
Read More
For years, Beijing has pushed to have the Chinese yuan accepted as an international currency, while countries unfriendly to the U.S. such as Venezuela, Iran, Russia, and North Korea have been looking for a dollar alternative for international trade. Western economic sanctions against Russia are now accelerating talks between Moscow and Beijing about finding “workaround” solutions, as Federal Reserve Chairman Jay Powell is warning the invasion of Ukraine may step up Beijing’s efforts to cut its dependency on the dollar.
Over the past decade, it has irked Beijing that, in spite of being the number two economic power, China’s currency has never become truly international. Technically, the yuan’s admission to the International Monetary Fund’s (IMF) Special Drawing Rights currencies (SDR) in 2016 makes the yuan an international currency. In practice, however, the yuan has very limited internationalization. Only 10.9% of the SDR is comprised of yuan. The only country which recognizes the yuan as an official currency is China, whereas about 15 countries use the U.S. dollar as their only official currency or an additional official currency.
Read More
Every single one of senile president Joe Biden’s struggles was easily foreseeable.
It’s a bold statement, since many if not most of the issues that confront a new president can’t always be seen from a distance. If it can be said that elections are always about the future, it’s just as true to claim that the future would almost certainly be shaped by yet unseen events and circumstances that no politician could forthrightly discuss in the lead-up to his victory.
Read More
U.S. Customs and Border Protection (CBP) leadership is allowing officials to waive a pandemic-related public health order for Ukrainians seeking asylum at ports of entry at U.S. borders, according to a memo obtained by CBS News.
“The Department of Homeland Security recognizes that the unjustified Russian war of aggression in Ukraine has created a humanitarian crisis,” the executive director of CBP’s Admissibility and Passenger Programs, Matthew Davies, wrote in a memo, CBS News reported. “CBP is authorized, consistent with the Title 42 Order, on a case-by-case basis based on the totality of the circumstances, including considerations of humanitarian interests, to except Ukrainian nationals at land border ports of entry from Title 42.”
Read More
The day after President Biden announced that the United States would ban imports of Russian oil and gas, a group of eleven powerful European investment funds that includes Amundi, Europe’s largest asset manager, outlined plans to force Credit Suisse, Switzerland’s second largest bank, to cut its lending to oil and gas companies. The juxtaposition of these two events dramatizes the fundamental disunity of the West. At the same time as the Biden administration is sanctioning Russian oil and gas producers, Western investors are sanctioning Western ones. Under the banner of ESG (environmental, social and governance) investing, the West’s capital is being deployed to create an artificial shortage of oil and gas produced by its companies and reward non-Western oil and gas producers such as Russia and Iran with higher prices. In doing so, the West is undermining its own security interests.
Before Russia’s invasion of Ukraine, energy markets were already extremely tight. In the past, high oil and gas prices stimulated a supply-side response leading to increased output and to prices falling back. This relationship has broken down. According to analysts at JP Morgan, capital spending by S&P Global 1200 energy companies peaked in 2015 at just over $400 billion and shrank to around $120 billion last year – less than half its previous trough of $250 billion in the aftermath of the 2008 financial crisis, even though global demand is now around 15% higher than it was then.
Read More
One. Reassuring an enemy what one will not do ensures that the enemy will do just that and more. Unpredictability and occasional enigmatic silence bolster deterrence. But Joe Biden’s predictable reassurance to Russian President Vladimir Putin that he will show restraint means Putin likely will not.
Two. No-fly zones don’t work in a big-power, symmetrical standoff. In a cost-benefit analysis, they are not worth the risk of shooting down the planes of a nuclear power. They usually do little to stop planes outside of such zones shooting missiles into them. Sending long-range, high-altitude anti-aircraft batteries to Ukraine to deny Russian air superiority is a far better way of regaining air parity.
Three. Europe, NATO members, and Germany in particular have de facto admitted that their past decades of shutting down nuclear plants, coal mines, and oil and gas fields have left Europe at the mercy of Russia. They are promising to rearm and meet their promised military contributions. By their actions, they are admitting that their critics, the United States in particular, were right, and they were dangerously wrong in empowering Putin.
Read More
U.K. Prime Minister Boris Johnson traveled to the Middle East to discuss increased oil production with leaders after they reportedly snubbed President Joe Biden’s requests.
Johnson met with United Arab Emirates Crown Prince Mohammed bin Zayed al Nayhan on Wednesday and is traveling to Saudi Arabia to meet with Crown Prince Mohammed bin Salman later in the day, according to The Wall Street Journal. Johnson is reportedly set to deliver a message on behalf of the West, urging the two oil-rich nations to boost production.
“The Prime Minister set out his deep concerns about the chaos unleashed by Russia’s unprovoked invasion of Ukraine, and stressed the importance of working together to improve stability in the global energy market,” the British government said in a readout of Johnson’s meeting with the UAE leader earlier Wednesday.
Read More
What did Barack Obama and Joe Biden know about the Russiagate collusion hoax their fellow Democrats ginned up to kneecap Donald Trump – and when did they know it? How much did their chicanery contribute to Vladimir Putin’s decision to invade the Ukraine?
Those questions are coming into sharp relief following a definitive report by my RealClearInvestigations colleague Paul Sperry last week that places the worst political scandal in our nation’s history and Putin’s brutal war directly inside the White House.
Drawing on a wide range of documents, many never previously reported, Sperry details how the Obama administration worked closely with the Clinton campaign and a foreign government – Ukraine – in a “sweeping and systematic effort” to interfere in the 2016 election. It turns out Democrats were guilty of every false charge they lodged against Trump.
Read More
With U.S. and world food prices set to soar due to inflation and supply shortages stemming from the Russian invasion of Ukraine, a key GOP lawmaker is asking the Pentagon to study the potential for conflict if the global food supply shrinks by 5%.
U.S. farmers will pay $300-$400 more per acre to grow crops this year due to inflation and costs associated with the war in Europe, Georgia Republican Rep. Austin Scott warned Monday on the Just the News TV show.
Shipping is another issue, as trade is throttled by war-related disruptions and tough economic sanctions against Russia.
Read More
Russia’s invasion of Ukraine and soaring energy prices are a bracing wake up call to the West to abandon our anemic energy policies, which have pretended to be green but in reality have only shifted the dirtiest parts of our energy supply chains to bad actors like Russia and China. Western energy dependence on hostile powers limits our ability to preserve peace, to reduce our supply vulnerability, and to find the most cost-effective climate change solutions.
President Biden has acknowledged some of these problems, conceding that gasoline prices are too high and promising to do “everything in my power to limit the pain the American people are feeling at the gas pump.” But gas prices continue to rise, up by 10% in the last week.
One option President Biden has not yet explored is working with Congress to fix our incoherent domestic fuel policy to improve fuel efficiency across the board and reduce the amount Americans pay for gasoline. Currently, the EPA regulates fuels and automobiles separately, instead of as a single system. Automakers have the technological know-how to make much more efficient car engines, but regulatory barriers prevent them from doing so because they do not permit the use of cleaner fuels that would reduce carbon emissions and enhance performance.
Read More
Part of a key pipeline transporting natural gas from Russia to Europe suddenly reversed its flow direction Tuesday, Reuters reported.
Flows in the Yamal-Europe pipeline, which sends natural gas to Germany via Poland, were recorded going eastward away from Europe on Tuesday morning, data from the European firm Gascade showed, Reuters reported, citing data from German network operator Gascade. Flows leaving Germany were moving at a whopping 4.3 million kilowatt-hours per hour at one section of the pipeline.
Read More
President Biden and other White House officials dramatically changed their tune this week in defending their green agenda in the face of skyrocketing gas prices and Russia’s energy supply stranglehold over Europe.
Before Russia invaded Ukraine, Biden for months blamed increasing gas prices on supply-chain issues and pent-up post-pandemic demand for travel, deflecting questions on whether his push to move the country off fossil fuels was a factor.
Read More