All thermal power plants down, 12-hour blackouts introduced in Ukraine, as Russia executes freeze-out terror. This is the grim reality unfolding now, isn’t it? The reports are stark: Ukraine’s thermal power plants, a critical component of its energy grid, are down. This has forced the introduction of rolling 12-hour blackouts across the country, a significant disruption to daily life, especially with winter fast approaching. This isn’t just a military tactic; it’s a deliberate act, a form of “freeze-out terror,” designed to cripple Ukraine by targeting its essential infrastructure.
The core of the problem, as I see it, lies in the deliberate targeting of civilian infrastructure by Russia.… Continue reading
Fire engulfs Russia’s fifth-largest oil refinery in Yaroslavl, authorities deny drone attack, and it really does make you wonder, doesn’t it? When a massive industrial facility goes up in flames, the immediate response is usually an investigation. But in this instance, the official line seems to be a swift and emphatic denial of any external involvement, specifically, any drone attack. Now, consider for a moment the optics of this. A vital piece of infrastructure, critical to the country’s energy supply, is ablaze. And yet, the authorities are so keen to dismiss any suggestion of sabotage. It’s a bit of a head-scratcher, to be honest.… Continue reading
Russia’s energy minister, Anton Rubtsov, has warned that heavy taxation is making oil production unprofitable, threatening the country’s vital export revenue. This comes as Russia’s oil and gas revenue plummeted by a third in May, reaching its lowest level since July 2023. The high tax burden, implemented to offset sanctions-related losses, is deterring investment and potentially impacting long-term production. Experts warn that while tax cuts could boost production, they risk widening the budget deficit, leaving the Kremlin in a difficult financial balancing act.
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Gazprom reported a staggering net loss of 1.076 trillion rubles ($13.1 billion) in 2024, primarily due to the loss of the European market following the Ukraine invasion. This represents a significant decline from its 2023 loss of 629 billion rubles ($7.6 billion), despite a slight revenue increase. Contributing factors include decreased gas exports to the EU, falling subsidiary share prices, and increased tax burdens. The company is responding to its financial crisis with cost-cutting measures, including staff reductions.
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The State Department ended a USAID initiative funding Ukraine’s energy grid restoration, jeopardizing the grid’s resilience against Russian attacks, especially during winter. This decision, coupled with a drastic reduction of USAID personnel in Ukraine, significantly diminishes the U.S.’s ability to monitor aid disbursement and negotiate a ceasefire. The move also signals reduced U.S. commitment to Ukraine’s economic stability, a key target of Russia’s war effort. The termination of the Ukraine Energy Security Project and a financial sector reform program leaves Ukraine vulnerable on multiple fronts.
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Karoline Leavitt, the youngest White House press secretary ever, faced online accusations of stating that “Jesus Christ didn’t have electricity” during a press conference addressing potential Canadian energy cutoffs to the U.S. This claim, widely spread on X and TikTok, followed Canadian Prime Minister Justin Trudeau’s statement that all options were on the table regarding retaliatory measures against U.S. tariffs. The allegation prompted a surge in Google searches for the phrase and subsequent retractions on TikTok. Leavitt also recently faced criticism for interrupting a CNN interview to attack Jake Tapper, leading to the interview’s abrupt termination.
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Matt Underwood 
John Q. Hosedrinker