Russia and China have been—whether they know it or not—preparing for the Second Signpost. In mid-2022, I wrote this post about how Europe’s embargo of Russian oil would not only cause all the Russian oil to be redirected away from… Read More ›
oil
Russian Oil Embargo: A Worse Second Signpost for Europe
With leftists back in the White House after the 2020 election, the US is less prepared for the Second Signpost, having lost its energy independence. Actions beginning with the shutdown of the Keystone pipeline project have resulted in the average… Read More ›
US DOE to Sell Some of Its Oil Reserves: Bad Move
This story has been reported at oilprice.com. The Strategic Petroleum Reserve (SPR) holds up to 700 million barrels of oil. Congress has just given the Dept of Energy (DOE) the go ahead and start selling some of the oil out… Read More ›
THE FOUR SIGNPOSTS 