This is an energy emergency: ‘If the Strait stays closed for two months, you’ll have plants without feedstock and we’ll get real rationing’
https://www.telegraph.co.uk/business/2026/03/19/russia-2022-picnic-compared-this-global-energy-disaster/ By Ambrose Evans-Pritchard – World Economy Editor Excerpt: The benchmark TTF contract for gas in Europe was €29 (£25) per megawatt-hour (MWh) in mid-February. Bank of America says it could reach €500 this winter if the Strait of Hormuz remains closed for 10 weeks, as it may well do. That would blow through the […]
Reuters Cheers Iran War as Fossil Fuel Killer – ‘Iran war energy shock sparks global push to reduce fossil fuel dependence’
https://www.newsbusters.org/blogs/business/joseph-vazquez/2026/03/20/talk-about-hot-take-climate-mad-reuters-cheers-iran-war By Joseph Vazquez Apparently, the most important positive outcome from the war with Iran is that it has the potential to reduce the world’s reliance on fossil fuels, according to Gaia’s acolytes at Reuters, not knocking out the world’s foremost state sponsor of terror. “Iran war energy shock sparks global push to reduce fossil […]
Watch: Morano on TV: Explains why, despite the U.S. producing more oil than any country in the history of the planet, oil prices remain high during Iran war
HOW CLOSE ARE WE TO BEING ENERGY INDEPENDENT AGAIN? “Well, I think we just arrived just last week, and this is incredible. CNN analysis found that the U.S. is now producing, quote, more oil than any country in the history of the planet, unquote. And that is after one year of 300… pic.twitter.com/xciqwd2g7F — Real […]
The Strait of Hormuz Crisis Shows the World Still Runs on Fossil Fuels
https://www.climateskeptic.org/p/the-strait-of-hormuz-crisis-shows When crisis strikes, governments do not rely on intermittent renewable power. They rely on oil and gas. By TILAK DOSHI The Strait of Hormuz is barely 21 miles wide at its narrowest point. Yet this narrow maritime corridor carries one of the greatest concentrations of economic risk on the planet. When tensions flare in […]
Watch: Greta Thunberg finally admits countries need oil to survive! – Seeks to provide Cuba with more oil
Greta Thunberg finally admits countries need oil to survive! Go girl! pic.twitter.com/4PtqXjJuM6 — Lucy Biggers (@LLBiggers) March 17, 2026 Greta Thunberg in 2023: If we don't end fossil fuels, it will be a "death sentence." Greta Thunberg in 2026: President Trump must allow oil imports to Cuba. I guess the "climate crisis" has negotiable […]
U.S. Energy secretary directs Texas oil company to restore operations off California
https://www.cbsnews.com/news/u-s-energy-secretary-directs-texas-oil-company-to-restore-operations-off-california/ VIA CBS News: U.S. Energy Secretary Chris Wright directed a Texas-based oil and gas company Friday to restore operations in waters off Southern California that were damaged by a 2015 oil spill, invoking the Defense Production Act. Restoring Sable Offshore Corp.’s Santa Ynez unit and pipeline off Santa Barbara aims to address supply disruption […]
Planned release of strategic reserve would put U.S. supplies at lowest levels in 44 years
https://www.cbsnews.com/news/planned-release-of-strategic-reserve-would-put-u-s-supplies-at-lowest-levels-in-44-years/?intcid=CNR-01-0623 By Elliott Ramos The Trump administration ordered the release of 172 million barrels of oil from the U.S. Strategic Petroleum Reserve this week, making it the second-largest release from the reserve in its history after former President Joe Biden’s 2022 withdrawal of 180 million barrels. The move was meant to stem oil prices, which hovered over […]
Trump weighs Jones Act waiver amid rising fuel prices, White House says – Lifts limits on the number of tankers domestic shippers can use
https://www.cbsnews.com/news/jones-act-waiver-trump-oil-prices/?intcid=CNR-01-0623 By Megan Cerullo, Emma Nicholson The Trump administration is prepared to waive the Jones Act to loosen shipping rules as the Iran war continues, the White House said Thursday. The 100-year-old statute requires goods shipped between U.S. ports to be carried on ships that are U.S.-built, U.S.-flagged and U.S.-crewed, and it limits the number of tankers domestic shippers […]
U.S. to Release 172 Million Barrels of Oil From the Strategic Petroleum Reserve
https://x.com/i/status/2031868476353122739 U.S. Department of Energy@ENERGY WASHINGTON—U.S. Secretary of Energy Chris Wright released the following statement regarding the International Energy Agency (IEA) and the U.S. Strategic Petroleum Reserve (SPR): “Earlier today, 32 member nations of the International Energy Agency unanimously agreed to President Trump’s request to lower energy prices with a coordinated release of 400 million […]
‘It would take 7–8 years to fill the Strategic Petroleum Reserve up to its 714 million-barrel capacity’
University of Arizona speech & don’t tap into depleted Strategic Petroleum Reserve By Gabriella Hoffman “Even if Trump had the funds to fill up the SPR, barrels can only be added at a rate of ~3 million barrels / month. Given that it currently has 415 million barrels, it would take 7–8 years to fill […]