Consumers buy refined petroleum products rather than crude oil
Current prices vs 2008 peak price
WTI crude: -29%
RBOB gasoline: -3%
NY harbor jet-fuel: +9%
NY harbor ULSD: +14%
“The inconvenient truth is that our Navy has 12 carrier groups and all are now obsolete,” writes Col. Colin Meyer, USA (Ret.) in a letter to the editor.
https://t.co/hixQfUMDkK
Bill Browder, once the largest foreign investor in Russia, has been warning about Putin and Russian oligarchs for more than a decade. https://t.co/KhOQmUrFjV
“If you waver between perplexed and panicked about the state of the world, my go-to guru on geopolitics is here with a dose of insight and a dash of hope. @ianbremmer always challenges me to think deeper." - @AdamMGrant on 'The Power of Crisis'
More: https://t.co/DxIqEEKblR
.@Billbrowder tells #TheView why he became one of Vladimir Putin's biggest enemies after he put his life aside as a businessman to make it his "mission to go after the people who killed [anti-corruption whistleblower Sergei Magnitsky] and make sure they face justice."
Weather over the #BlackSea has been cloudy for the past few days, hampering attempts at new imagery collections of the Russian #Moskva cruiser. Our last image, shown here, is from April 10, 2022. New imagery will be shared with our trusted media partners when available.
The Nigerian princes who wanted to share their riches with me seem to have been replaced in my email inbox by Russian oil refinery executives who want to share with me unclaimed Mazut-100.
I wonder if the later are more real than the former...
In our new article by Post-Soviet Affairs with Kirill Petrov we discover a remarkable continuity b/w Soviet and Putin-era elites. We analyzed Putin's top 100 elites and found that the share of those with Soviet nomenklatura ties NOW (30 years after the USSR collapse) is ~60% 🧵1/
Buying Twitter for $43 billion would be a fraction of Musk's net worth, but it is probably a lot more cash than he has lying around.
Would he want to sell $55 billion of Tesla stock — the most liquid part of his wealth — to buy Twitter? https://t.co/7ibph2PcRc
India has issued its long-range forecast for the upcoming monsoon season (June-to-September), anticipating a near-normal weather event: 99% of the long period average.
With global agricultural markets in chaos, the 2022 south-west Asian monsoon is key https://t.co/Jmhst0KlwC
The day of reckoning in the European gas market is coming rather soon as EU Commission and some capitals tell utilities to reject ruble payment.
The negative will test whether Putin is bluffing. But if he's not -- and so far in Ukraine, he hasn't -- then gas supply is at risk