Category: Political

California to Examine Amazon Oil Ties Following Pleas from Ecuador’s Indigenous Leaders: A Closer Look at Newsom’s Energy Choices

Clark Savage141

In a move that has sparked both environmental and energy security debates, California’s state Senate recently introduced a landmark resolution to scrutinize the state’s reliance on crude oil imports from the Amazon, particularly from Ecuador. This decision follows a visit from Indigenous leaders from Ecuador’s Amazon, including Juan Bay, president of the Waorani Nation, Jhajayra […]

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Oil and Gas-Rich Alberta Forecasts Unexpected Budget Surplus – Should Albertans get to keep the money?

Clark Savage167

Alberta, Canada’s oil and gas powerhouse, has delivered a stunning fiscal surprise, posting an $8.3 billion (CAD) budget surplus for the 2024-25 fiscal year, far exceeding the modest $355 million projection in its February budget. This windfall, driven by soaring resource royalties, robust oil prices, and record production, underscores Alberta’s pivotal role in Canada’s energy […]

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All trade with Canada on notice for tariffs. What does this mean for oil, electricity and agriculture?

Clark Savage145

On June 27, 2025, President Donald J. Trump took to Truth Social to announce a new chapter in the ongoing saga of U.S.-Canada trade relations, signaling a hardline stance on tariffs. “Canada’s been ripping us off for decades on trade. Their steel, aluminum, and energy exports are killing American jobs. We’re negotiating HARD—25% tariffs stay, […]

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Buy The Rumor, Sell The News

Clark Savage93

Daily Standup Top Stories Trump Truths a Strategic Shift: China Can Buy Iranian Oil June 24, 2025 Clark Savage In a surprising pivot, President Donald Trump announced on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” This statement, made on […] China Planned […]

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The Strait of Hormuz: A Dangerous Chokepoint Amid GPS Jamming and Geopolitical Tensions

Clark Savage121

The Strait of Hormuz, the narrow waterway connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea, remains one of the world’s most critical and volatile energy chokepoints. Recent reports of widespread GPS jamming, six supertankers executing abrupt U-turns, and escalating tensions between Israel and Iran have reignited concerns about the stability […]

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After U.S. Strikes on Iran’s Nuclear Sites: Will Iran Retaliate, and What Could Happen to Oil Prices?

Clark Savage154

On June 21, 2025, the U.S. military, under President Donald Trump’s directive, struck three key Iranian nuclear facilities—Fordo, Isfahan, and Natanz—escalating an already volatile conflict between Israel and Iran. These strikes, aimed at crippling Iran’s nuclear ambitions, have raised global concerns about Tehran’s next move and the potential fallout for energy markets. The big questions […]

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