Vladimir Putin seems to favor wearing suits but he may as well start festooning his jacket with all the medals he’s earning in his war on Ukraine. It seems very clear the quick “special military operation” is not going according to plan, I’d be pretty nervous if I were one of Putin’s military advisers.
Read MoreSupplying (Sort Of) Our Demand
With the horrific war in Ukraine and tough sanctions on Russia, there is a lot of talk of increasing the oil supply. The only trouble is, oil companies don’t particularly want to ramp up that supply. After taking a huge hit during the depths of the pandemic, the oil industry is reveling in this war-fueled spike in profits.
Read MoreYour Lying Eyes
Vladimir Putin is living in a dreamland and wants all of us to live in it, too. (Okay, it’s more of a nightmare-land.) Putin has clamped down on any semblance of free press in Russia and is desperately trying to blame any war, or “special military operation,” on Ukraine and the West.
Read MorePetro Petey Loves Petrostates!
Russia’s invasion of Ukraine has sent oil prices through the roof and volatile markets are desperately trying to determine what comes next in this awful war. Now that Joe Biden has announced a ban on all Russian oil imports to the United States, the cost of gasoline is definitely heading up. The U.S. doesn’t even import much oil from Russia to begin with, but the ripple effects of an embargo impacts the global market for oil.
Read MoreThe State of the Putin
Oh, how I wish Donald Trump didn’t matter any more and we could just write him off as a disgraced ex-president who is rapidly getting crazier. He is those things, of course, except he does matter. He matters because he still has such strong support in the Republican Party and may very well regain control of the White House in a couple years.
Read MoreIsolationists’ Elegy
Now that Vladimir Putin has launched a Russian invasion of Ukraine, the Trumpist isolationist wing of the Republican Party looks even more ridiculous. The always eloquent J.D. Vance, the author from Ohio who wrote “Hillbilly Elegy” and is now running for U.S. Senate, said, “I don’t really care what happens to Ukraine one way or the other.”
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