As of the week ending June 12, 2026, the US Strategic Petroleum Reserve (SPR) held approximately 340.25 million barrels of crude oil… Sounds like a lot, but it is approaching the danger zone. In late May, that number was 372 million barrels, which consisted of Sweet crude: ~142 MMB | Sour crude: ~230 MMB, according to the US Department of Energy.
Economics
Richard Murphy – Mythbuster: What is quantitative easing and how does it work?
I have been asked to explain how quantitative easing works, given how important it is within our economy and managing the coronavirus crisis right now. What follows is part of a larger piece of work […]
Climate Crisis
Bill McKibben – In a World on Fire, Stop Burning Things
The truth is new and counterintuitive: we have the technology necessary to rapidly ditch fossil fuels. Read Here
EU politics
Reuters: EU court shields ECB from disclosing key document in Greek crisis
Who needs democracy and transparency when we have the EU? Read here
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