Environment

Coming off a brutal Trumpcare defeat, delivered by members of his own party no less, Trump has decided to return to a strategy of progressing his policy initiatives through executive order.  As such, later today President Trump is set to sign a sweeping new "Energy Independence" executive order aimed at promoting domestic oil, coal and natural gas production by reversing much of Obama's efforts to address climate change via his "Clean Power Plan".

Coming off a brutal Trumpcare defeat, delivered by members of his own party no less, Trump has decided to return to a strategy of progressing his policy initiatives through executive order.  As such, tomorrow President Trump is set to sign a sweeping new order aimed at promoting domestic oil, coal and natural gas by reversing much of Obama's efforts to address climate change.

Very much like the self-imposed output cut by OPEC and non-OPEC members which successfully boosted the price of crude over $50 even if global crude inventories "inexplicably" continue to hit new all time highs, one of the main reasons why commodity metal prices have seen a dramatic increase in prices over the past year has been China's solemn vow to cut back on overcapacity and excess production.

A View We Don’t Often Hear

Little wonder some of you prefer the Koch brothers propaganda. No global warming is a much happier story. I like it better myself. From a reader:

Hi Paul,

Right you are. The Arctic sea ice is steadily diminishing, the temperature of the Arctic seas is steadily rising. and if these trends continue, some near future month or year, there will be a sudden, massive eruption of gigatons of methane from the Arctic region into the atmosphere.

French presidential hopeful Marine Le Pen has blasted the European Union, announcing that it will “soon be dead” because “the people do not want it anymore.” To thunderous applause, Le Pen announced that people in [...]