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News & Articles By Kevin Hughes
03/22/2022
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By Kevin Hughes
Saudi Arabia, China initiating plan to create petroyuan and bring an end to the petrodollar
Saudi Arabia is now considering accepting China’s yuan instead of the United States dollar for its oil sales to the Chinese. “The American Journal” host Harrison Smith discussed the matter during the show’s March 16 episode. “Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people […]
03/18/2022
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By Kevin Hughes
Increasing soybean oil demand presents new opportunities for American soybean farmers
Demand for soy bean oil – a popular input for a wide variety of products – is increasing. It presents new routes to American soybean farmers, who for years have been accustomed to seeing soybean meal firmly on top of the demand chart. Based on the February database of the U.S. Department of Agriculture Production, Supply and Distribution, soybean […]
03/16/2022
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By Kevin Hughes
Oil workers not happy with Biden administration’s oil industry policies
American oil workers are not happy with the way the Biden administration has dealt with America’s oil industry. Owen Shroyer took calls from oil workers to get their perspective on what’s really behind the current rise in oil and gas prices during a recent episode of “War Room” on InfoWars. Shroyer took note that when […]
03/14/2022
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By Kevin Hughes
Global markets in state of chaos due to Russia-Ukraine War
Many people thought that the global financial markets would not be affected by the Russia-Ukraine War. They were wrong. Investors have received a harsh warning during the past week with the stock prices plunging, commodity prices going absolutely crazy and a dark cloud of fear blanketing Wall Street. The war in Ukraine has forever transformed economic […]
03/10/2022
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By Kevin Hughes
Oil prices soar as Russian sanctions stir supply chain concerns
The decision of the United States and Britain to stop Russian oil imports is expected to interrupt even further the global energy market with Russia being the second-largest exporter of crude. Oil prices settled down at four percent higher on Tuesday, March 8, but these have soared to more than 30 percent after Russia invaded Ukraine. […]
03/10/2022
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By Kevin Hughes
Biden declares US ban on Russian oil imports in response to Putin’s Ukraine invasion
President Joe Biden declared on Tuesday, March 8, the United States will ban imports of Russian oil as part of the international response to Russia’s invasion of Ukraine. Western-allied countries are working to cut off Russia from the global economy to penalize Russian President Vladimir Putin for his aggression. “Today I am announcing the United States is targeting the main artery […]
03/03/2022
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By Kevin Hughes
US oil prices rise to a 7-year high as conflict between Russia and Ukraine continues
As Russia continued its assault on Ukraine’s capital Kiev, oil prices continued to rise Tuesday, March 1, with the U.S. crude reaching its highest level since June 2014. West Texas Intermediate crude futures, the U.S. oil benchmark, surged 11.5 percent to $106.78 per barrel at its peak for the day. It dropped during the afternoon trading and […]
03/01/2022
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By Kevin Hughes
Sen. Cotton says gas prices will continue to rise, calls for deregulation of energy production in US
Arkansas Sen. Tom Cotton expects gas prices to further go up in the wake of Russia’s invasion of Ukraine even as he calls for greater investment and deregulation of energy production in the United States. “Well, unfortunately, prices at the pump probably are going to go up. But remember, they were going up for the first year […]
03/01/2022
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By Kevin Hughes
Renewables put Europe’s electrical energy at the mercy of Russia
European countries that have veered away from coal in favor of renewables are now susceptible to electricity price shocks with the continent’s main natural gas supplier being at war with Ukraine. Apart from Poland, all member-nations of the European Union (EU) have vowed to attain net-zero emissions by 2050. To attain this, the EU has started eliminating coal […]
02/28/2022
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By Kevin Hughes
Global energy crisis escalates to a whole new level
The global energy crisis has just turned for the worse after Russia’s invasion of Ukraine. And that means countries around the world will soon be hit by bigger energy prices. Filling up your vehicle and heating your home is going to be more expensive and the rising costs to move the goods that people buy […]
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