The answer is unsettling. The government's preference for liquid fuels stems not from necessity or energy security concerns, but from its ability to...
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The answer is unsettling. The government's preference for liquid fuels stems not from necessity or energy security concerns, but from its ability to profit from the importation of these fuels. Unlike natural gas, whose pricing is more stable and often determined by long-term contracts, liquid fuels are purchased on the international market, where prices fluctuate frequently. This volatility creates opportunities for markups, commissions, and profit margins at various points along the procurement chain. By exploiting these price differences, the government can cash in on procurement deals, earning excessive gains at the cost of the energy sector’s financial health.
The answer is unsettling. The government's preference for liquid fuels stems not from necessity or energy security concerns, but from its ability to...
Germany was hit with a double whammy this week as proof of the ruinous price its people are paying for their feckless government’s role as the...
RUSHTON PARAY THE CENTRAL Bank’s July 2024 Economic Bulletin reveals a troubling economic picture for Trinidad and Tobago, with significant issues...
As the world transitions away from fossil fuels, the demand for rare earth elements (REEs) is only going to increase. These elements are vital to the...
As the world transitions away from fossil fuels, the demand for rare earth elements (REEs) is only going to increase. These elements are vital to the...
In October, the dollar exchange rate against the ruble will fluctuate by 3-5 rubles, both up and down. That is, one dollar will cost from 86 to 96...
By Saul Zimet During Vivek Ramaswamy’srecent eventat the Cato Institute, protestorsderailed his presentationby getting on stage and chanting...
By Saul Zimet During Vivek Ramaswamy’srecent eventat the Cato Institute, protestorsderailed his presentationby getting on stage and chanting...
Maritime and energy firm China Bridge Energy is assessing project opportunities across Africa with a view to creating win-win collaborations and...
Energy Fuels (UUUU) closed at $4.67 in the latest trading session, marking a -1.06% move from the prior day.