The problem of determining the ceiling of oil and gas prices

This week saw two documents published by two government departments: the European Commission in Brussels and the Treasury Department in Washington. Commission document It was a proposal for a “new tool” aimed at curbing excessive gas prices in Europe. Cabinet document It was a directive on implementing the policy of maximum price for crude oil … Read more

Brittney Grenier’s prison conditions speak to the urgency of returning her home

American basketball player Brittney Grenier, who was sentenced to nine years in a Russian penal colony in August, is seen on screen via video link from the remand prison ahead of a court hearing on October 25, 2022. (Kirill Kudryavtsev/AFP via Getty Images) participation in Nation Subscribe now for as little as $2 per month! … Read more

Gas price caps could cause irreversible damage to energy markets

Earlier this week, the European Commission issued statement Declaring what it called a “safety price ceiling” for gas prices set at €275, or $283, per megawatt hour. As a long-awaited gas price cap that EU members have been discussing for weeks now, the cap target, according to the Commission, will be used as a “temporary … Read more

The GOP is tiptoe split over Biden’s request for more Ukraine aid

Republicans are swirling over a recent request from the Biden administration for billions in aid from Ukraine, as the party faces internal divisions over the path forward for the aid. Last week, the White House asked Congress for more than $37 billion in additional aid to Ukraine amid the ongoing Russian invasion. And while some … Read more

MH17 trial verdict: A Dutch court finds two Russians and a Ukrainian separatist guilty

CNN – A Dutch court on Thursday found two Russians and a Ukrainian separatist guilty of mass murder for their involvement in the downing of Malaysia Airlines Flight 17 over eastern Ukraine in 2014. Igor Girkin, a former colonel in Russia’s Federal Security Service (FSB), and Sergei Dubinsky, who worked for Russia’s military intelligence agency … Read more

Dangerous weed lobby victories, Brittney Grenier’s shocking plight and other comments

Drug Control: Weed Lobby’s Dangerous Wins “This year’s midterm ballot measures to legalize marijuana across five different states are further evidence of the weed lobby’s progress.” Mark Haskins argues in The Federalist. But “today, many of the arguments made by the pro-marijuana movement have been proven wrong”—such as the claim that it is “no worse … Read more

The Polish president says the missile “there is no indication” in Poland that it was a deliberate attack

Bali, Indonesia CNN – Polish President Andrzej Duda said so Two people were killed in eastern Poland The Ukrainian forces launched Tuesday likely in defense of a wave of Russian missile strikes, and the incident appears to have been an accident. There is no indication that this was a deliberate attack on Poland. Most likely, … Read more

Putin’s special forces continue to humiliate him

It only took a few hours after Russia Russian President Vladimir Putin praised packing As a resounding success on Friday, a torrent of humiliating reports emerged suggesting that the war effort was more successful in turning the country against him than defeating him. Legendary Nazis in Ukraine. Perhaps the startling contrast came with the Russian … Read more

Rising geopolitical risks in energy markets

Politics, geopolitics and conflict This week we saw a somewhat heightened apprehension for the oil industry in the form of an intelligence-sharing event between the Saudis and the Americans warning of a possible Iranian attack on oil facilities in the Middle East – most notably Aramco. As we noted in last week’s briefing, the September … Read more

The Russian Navy “repels” a drone attack on Sevastopol in the Crimea | News

The Russian Navy has repelled a drone attack in the Gulf of Sevastopol, home of Russia’s Black Sea Fleet in Moscow-annexed Crimea, according to a statement from a Russia-installed governor, as a battle for control of southeastern Ukraine’s cities rages on. Kherson and Bakhmut. “Today, starting at 04:30 in the morning for several hours, various … Read more