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  • Entertainment Companies Start Dumping Woke Content As Viewership Tumbles

    08/08/2022 3:53:09 AM PDT · by george76 · 64 replies
    Summit News ^ | 8 August, 2022
    They’ll never admit to it openly, but getting woke makes companies broke. Hollywood has been overtly progressive for decades, but this is nothing compared to the social justice invasion since 2016. After around five years of an unprecedented leftist onslaught on the entertainment industry we are finally starting to see the rampage lose oxygen. There’s a weakness within woke productions that the alternative media has been pointing out for a long time – They don’t make a profit because they are designed to appease a minority of leftist zennials that don’t have any money. This is the wrong crowd to...
  • Crude oil prices have tanked to their lowest levels since Russia's invasion of Ukraine

    08/05/2022 6:24:52 AM PDT · by BeauBo · 62 replies
    Business Insider ^ | 5 Aug 2022 | Huileng Tan
    Oil prices have fallen to their lowest levels since Russia's invasion of Ukraine on February 24. Recession fears are putting a damper on demand for oil, sending futures down 10% this week alone. Gas prices in the US have been falling for 49 straight days. Benchmark US West Texas Intermediate settled 2.1% lower at $88.54 a barrel on Thursday — down about 10% this week so far. They were trading at $88.98 a barrel at 12:10 a.m. EDT on Friday. Benchmark international Brent crude oil futures settled 2.75% lower at $94.12 a barrel on Thursday — down 14% this week...
  • Iran’s Gas Export Income in 4 Months Equals That of Entire Previous Year

    08/01/2022 4:49:38 AM PDT · by JonPreston · 6 replies
    Tasnim News Agency ^ | 8/1/22 | Tasnim News Agency
    ran has earned as much money from the export of gas in the past four months as it had received during the whole last year, the oil minister said. Speaking to reporters on the sidelines of a cabinet meeting on Wednesday, Oil Minister Javad Owji said the income generated by the sale of gas in the first four months of the current Iranian year (March 21- July 22) has stood at around $4 billion, equal to the total gas export revenues during the year 1400 (March 2021 – March 2022).
  • US Frack Growth Constrained In “Perfect Storm”: Problems of Frac sand and labor shortages, elevated inflation, and limited frac fleets won't be resolved this year.

    07/31/2022 9:43:52 PM PDT · by SeekAndFind · 11 replies
    ZUBU Brothers: Market Knowledge Services ^ | 07/31/2022 | Tyler Durden
    Last week, Halliburton Co.'s CEO Jeff Miller warned hydraulic fracturing equipment is in short supply and could hamper fracking growth. Another oil/gas executive echoed the same warning this week and said bottlenecks could persist through 2023. "Availability of frac fleets is one of main bottlenecks impeding oil and natural as production growth for the next 18 months," Robert Drummond, chief executive officer of fracking firm NexTier Oilfield Solutions, told Reuters. Besides supply chain snarls, Drummond warned that capital constraints would make adding equipment to fields challenging. He said this imbalance could take several years to correct, adding that NexTier has...
  • Regime Apparatchik Lets the Cat Out of the Bag, Admits What’s Behind the Insanity

    07/01/2022 6:07:56 AM PDT · by Red Badger · 27 replies ^ | By J.D. Rucker • Jun. 30, 2022
    How do we know the Biden regime was signaling the New World Order today with statements regarding their so-called “Liberal World Order”? Because Big Tech and corporate media went out of their way to claim the message from National Economic Council Director Brian Deese had nothing to do with the New World Order. It does. They know it. We all know it. Gas prices that are destroying families across America are a small price to pay to this regime when there’s a globalist agenda to protect. During an interview on CNN, Deese was asked what the Biden regime would say...
  • Polls Show Growing Number of Americans Pulling the Plug on Democrats' 'Climate Change' Hysteria

    07/29/2022 10:51:50 PM PDT · by SeekAndFind · 24 replies
    Red State ^ | 07/29/2022 | Mike Miller
    The left has tried every trick in their “global warming” bible to convince the majority of Americans that climate change is not only real, but it’s also urgent. Or, as Special Presidential Envoy for Climate [ROFL emoji] John Kerry and other “climate change” loons love to say, with great drama: the existential threat of mankind.Considering that “existential” refers to existence (hence, the very existence or extinction of mankind), climate change loons like world-renowned climatologist Rep. Alexandria Ocasio-Cortez — who has literally said, “The world is going to end in 12 years if we don’t address climate change” — continue to...
  • Biden Nemesis Exxon Reports Record Earnings As Company Prints $20 Billion In Cash

    07/29/2022 7:52:40 AM PDT · by SeekAndFind · 22 replies
    Talk Markets ^ | 07/29/2022 | Tyler Durden
    The Biden administration will be terribly vexed to learn that the one company it hates the most, Exxon (we are confident the sentiment is mutual) reported record Q2 earnings (largely thanks to Biden's SPR release which has proven to be a risk-free arb black gold mine for the company) which smashed expectations and also reiterated guidance while maintaining its generous $30 billion buyback program. The biggest North American oil explorer followed European giants Shell Plc and TotalEnergies, as well as US peer Chevron in disclosing unprecedented results. Here are the Q2 details for the company which is reaping the rewards...
  • Inflation figure that the Fed follows closely hits highest level since January 1982

    07/29/2022 7:12:19 AM PDT · by abb · 19 replies
    CNBC ^ | July 29, 2022 | Jeff Cox
    The personal consumption expenditures price index rose 6.8% in June, the biggest 12-month move since the 6.9% increase in January 1982. Excluding food and energy, so-called core PCE increased 4.8% from a year ago, up one-tenth of a percentage point from May. The employment cost index, another figure Fed policymakers follow closely, rose 1.3% in the second quarter. The index climbed 5.1% on a 12-month basis, a record for data series that goes back to 2002.
  • Exclusive — GOP Bill Would Codify Trump-Era Rule Blocking States from Stifling Pipeline Construction

    07/28/2022 10:48:49 AM PDT · by SoConPubbie · 8 replies
    Breitbart ^ | 27 Jul 2022 | KATHERINE HAMILTON
    Rep. Ted Budd (R-NC) is seeking to codify a Trump-era rule that limits states throwing up regulatory roadblocks to pipeline construction, Breitbart News learned exclusively on Wednesday.The congressman and Trump-endorsed U.S. Senate candidate is set to introduce a bill on Thursday which would cement the 2020 Clean Water Act Section 401 Certification Rule. The rule was created to limit states’ review power after Republicans in Congress reported that some states were using the permitting process detailed in Section 401 of the Federal Water Pollution Control Act to stop new energy projects.The bill is the House companion to Sen. Shelley Moore...
  • Rogin: Lifting China Tariffs Won’t Help Inflation, It’s Wall Street Being ‘Willing to Sell out America’s National Security’ and Help CCP for Profit

    07/26/2022 12:53:58 PM PDT · by qaz123 · 4 replies
    Breitbart ^ | 26July | Hantchett
    “Wall Street and the Chamber of Commerce want to do a favor for the Chinese Communist Party so they can get a favor in return and make money on their short-term balance sheets, while increasing the risk of American investors, in a Chinese Communist Party that’s building the machine that’s attacking our democracy and our way of life. … And they’re willing to sell out America’s national security to do it.”
  • Videos: Biden Officials Attempting To Change Definition Of ‘Recession’...It’s not a recession, it’s a “transition”

    07/26/2022 12:37:15 PM PDT · by Red Badger · 42 replies ^ | JULY 26, 2022 | Steve Watson
    As it becomes clear that The U.S. has entered a recession, Biden Administration officials appear to be using semantics to avoid admitting it, with some suggesting ‘its not a recession, it’s a transition’. Apparently, what once constituted a recession, two continuous quarters of negative GDP growth, somehow doesn’t anymore: ****************************************************************************************** RNC Research @RNCResearch · Follow REPORTER: “Two negative quarters, two contracting quarters, means that the economy is in a recession. Do you believe that?” BIDEN ADVISOR GENE SPERLING: “That is not the actual definition of a recession. It is a significant contractionary period over a few months.” RNC Research @RNCResearch...
  • Major Soros-Funded Outlet Spun Recession Definition 3 Days Before White House

    07/26/2022 10:35:00 AM PDT · by JV3MRC · 7 replies
    NewsBusters ^ | 7/26/2022 | Joseph Vazquez
    The White House attempted to gaslight Americans by casting confusion over the meaning of a recession. But did it take its cues from a major publication funded by liberal billionaire George Soros? The White House Council of Economic Advisers (CEA) released propaganda July 21: “It is unlikely that the decline in GDP in the first quarter of this year—even if followed by another GDP decline in the second quarter—indicates a recession.” Three days earlier, major liberal global publication Project Syndicate released a column by Jeffrey Frankel, a Harvard economist and research associate of the National Bureau of Economic Research, which...
  • Biden Threatens Oil Companies' Permits

    07/26/2022 8:27:49 AM PDT · by rktman · 74 replies ^ | 7/26/2022 0740 hrs edt | Leah Barkoukis
    President Biden warned oil companies last week that if they don’t do more to help address rising prices, he will revoke their drilling permits on federal lands. While touting that gas prices have fallen to below $4 at 30,000 gas stations across 35 states, he said more needs to be done. "First, we’re going to look at ways to increase oil production from the existing wells and permits that exist today," he said. "The industry has more approved permits for production on federal lands than they can possibly use. That’s a fact. Let me say it again: They have more...
  • US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve

    07/26/2022 9:57:41 AM PDT · by janetjanet998 · 61 replies
    US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels
  • WEF Calls For End to Private Car Ownership

    07/26/2022 9:38:08 AM PDT · by Red Badger · 147 replies ^ | July 26, 2022 | by CULLEN MCCUE
    Cutting down on "wasteful" car ownership will help to avert a "climate apocalypse," says the WEF Washington Moves Forward with Plan to Ban Non-Electric Cars by 2030 The World Economic Forum (WEF) is calling for an end to private car ownership. A recently published paper calls for an end to “wasteful” private vehicle ownership in favor of public transportation and communal cars. “The average car or van in England is driven just 4% of the time,” the WEF paper states. It then calls on car owners to sell their vehicle because, “Car sharing platforms such as Getaround and BlueSG have...
  • Bidenflation Pushes Diesel Prices Sky-High, Smashing Farmers, Truckers, and Consumers

    07/20/2022 8:07:16 AM PDT · by Red Badger · 36 replies ^ | 20 Jul 2022 | SIMON KENT
    Diesel fuel is a staple for the farmers and truckers who supply Americans with their essential needs – and its price has skyrocketed in recent months, driven by inflation to far outstrip regular gasoline in price hikes. AP reports diesel fuel was averaging $5.52 a gallon nationally Tuesday — up a dizzying 68 percent from a year ago, when it was selling for just $3.28. By comparison, a gallon of regular gasoline is averaging $4.50, up 42 percent from a year ago. Gasoline prices have eased somewhat in recent weeks while diesel has remained chronically high, with American refineries operating...
  • Blame Capitalism for Pain at the Pump

    07/20/2022 7:42:54 AM PDT · by Blurp2 · 134 replies
    Compact ^ | 7/18/2022 | Leila Mechoui
    ...another take, I don't know how reliable it is, on why gas prices are high...
  • Arabs laugh at Joe Biden's plea to pump more oil for him

    07/18/2022 4:36:19 AM PDT · by MtnClimber · 55 replies
    American Thinker ^ | 17 Jul, 2022 | Monica Showalter
    After shutting down the Keystone XL pipeline and issuing 30-some regulations to halt domestic energy production, Joe Biden went to Saudi Arabia, hat in hand, to beg the Arab sheiks to pump more oil for him. Result? They laughed him out of the park. According to this scathing report just out from Reuters: JEDDAH, Saudi Arabia, July 16 (Reuters) - President Joe Biden told Arab leaders on Saturday that the United States would remain an active partner in the Middle East, but he failed to secure commitments to a regional security axis that would include Israel or an immediate oil...
  • Biden’s Desperate Attempt to Save Face After Humiliating MBS ‘Fist Bump’ is Refuted by the Saudis

    07/18/2022 8:04:06 AM PDT · by Red Badger · 26 replies ^ | JULY 172, 2022 | by Kyle Becker
    President Joe Biden is facing bipartisan flack for his humiliating ‘fist bump’ with Saudi Crown Prince Mohammed bin Salman Al Saud, also known as MBS, during the course of his groveling to persuade the Middle Eastern nation to significanly increase its oil output. MBS smirked during bilateral talks on Friday in a knowing display of how embarrassing the U.S. president’s kow-towing was to the Saudis. “President Biden, is Saudi Arabia still a pariah?” a reporter shouted. The reporter was quickly ushered out of the room. Both President Biden and the Saudi crown prince ignored the question. Biden later dismissed a...
  • Energy pioneer charges Team Biden ‘manufactured scarcity and mandated insecurity’ globally

    03/15/2022 6:06:49 AM PDT · by Red Badger · 10 replies ^ | March 14, 2022 | Staff
    The average price of a gallon of gas in the U.S. has shot up 79 cents in two weeks to $4.43 as of March 14. In February, the government reported a year-over-year inflation rate of 7.9 percent, the highest since 1982. Hardest hit are working Americans, many of whom are living paycheck to paycheck because of rising prices. “Americans need relief, and one thing stands in the way,” according to energy pioneer Harold Hamm. That is Joe Biden’s “unwillingness to reverse course on his administration’s commitment to put the American oil-and-gas industry out of business at the consumer’s expense.” “In...