china’s-fuel-exports-plunge

China’s Fuel Exports Plunge

China’s Fuel Exports Plunge By Charles Kennedy of OilPrice.com China’s exports of gasoline and diesel slumped in the first half of 2022, per customs data out on Monday, as Chinese authorities continued to work to reduce overseas sales of fuels and allocated lower export quotas to refiners.  Gasoline exports slumped by 42 percent annually in…

coming-soon:-a-$1-trillion-us.-defense-budget?

Coming Soon: A $1 Trillion U.S. Defense Budget?

Inflation is affecting the U.S. military, too. Indeed, the defense budget that the Senate Armed Services Committee approved on July 18 calls for $45 billion more than what the Biden administration requested. The final tally clocks in at an eye-watering $847 billion.  Called the National Defense Authorization Act, or NDAA, the annual bill will go to…

bernie-sanders-for-president-in-2024?

Bernie Sanders for President in 2024?

It still seems pretty unclear if President Joe Biden will run for a second term in 2024 – despite what some in his administration want us to believe. Typically, an incumbent president with a remaining term of eligibility would be guaranteed to run for reelection. The last time a sitting president chose not to run…