Author: bitcointalk

While we are sure that the Biden administration will loudly proclaim their victory by crowing that pump prices for gasoline are down over 20% from the highs last summer (June), they may be a little less forthcoming about the fact that gas prices are also up over 23% year-to-date…

Source: Bloomberg

Also, we hate to say it but gas prices are up over 80% since president Biden's election – probably just a coincidence.

After adjusting for inflation, retail gasoline (more…)

Authored by Gail Tverberg via Our Finite World blog,

• Analysis of 2023 Statistical Review of World Energy data shows constrained global supplies of fossil fuels like oil, coal, and natural gas, particularly in inter-regional trading.

• Constraints in supply are affecting energy prices, making them highly variable and less affordable for consumers, thereby affecting the global economy, including industries like manufacturing.

• The cost-intensive infrastructure (more…)

Authored by Thomas Brooke via Remix News,

Despite closing its nuclear power plants to focus on renewable energy production, more than a fifth of imported electricity last month was produced from nuclear power…

Germany is importing more electricity than ever before after purchasing a record 6,505 gigawatt hours from abroad in August, according to the Federal Network Agency.

The federal government has replaced much of the electricity produced by its recently closed (more…)