Click here to view original web page at www.zerohedge.com
Global energy prices are soaring after Russian forces launched a barrage of artillery, airstrikes, and missiles across Ukraine early Thursday to “demilitarize” the country. Even though natural gas and crude prices jumped on Thursday, there are no reports of supply disruptions or blackouts in Ukraine, suggesting businesses as usual.
An escalation of the Russia-Ukraine conflict sent Dutch TTF Gas Futures up more than 41% , rising for the fourth consecutive day. Soaring gas prices are also feeding into power markets. German power contracts jumped as much as 31%. The EU and US natural gas price spread is blowing out again, this time on geopolitical concerns. The spread blew out on unseasonably cold weather and low natgas supplies in late 2021. And for context, the soaring price of EU and UK NatGas is equivalent to a barrel of oil costing between $175 and $220… And has lifted US NatGas prices as potential export demand is priced in… The crisis sent Brent crude prices higher, up 8.55% to $105 a barrel. This is the first time the international benchmark for crude surpassed the $100 mark since 2014. WTI futures topped the $100 mark… Soaring crude prices will only mean rising gasoline prices at the pump for Americans. The move in crude suggests $4 gasoline prices are ahead as the inflation monster crushes households. The Ukraine crisis has given the Biden administration and their media counterparts the perfect cover to blame increased gas prices , inflation, and supply-chain issues on Russia.
Europe, already in the midst of an energy crunch, is experiencing low natgas inventories ahead of the spring/summer season. Russia is a top energy supplier to Europe, supplying about a third of its gas needs. Any gas disruption would be catastrophic for the continent. Despite the ongoing fallout from Russia’s attack on […]
Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our Giving Fuel. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
We currently operate:
- NOQ Report
- Conservative Playlist
- Uncanceled News
- Based Underground
- Five other conservative news sites
I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.