“If [danger] ever reach us it must spring up amongst us; it cannot come from abroad. If destruction be our lot we must ourselves be its author and finisher. As a nation of freemen we must live through all time or die by suicide.” --Abraham Lincoln

Bidgear ad

 

 

Remember when, in the immediate aftermath of the Ukraine war, Russian oil immediately traded down to a discount of as much as 30% below spot Brent as the entire western world suddenly found itself locked out of access to the most valuable Russian export (which also meant that China and India were the only natural buyers left) and the price of Russian oil had to reflect the explicit plunge in demand?

Schizophrenic world order: The West is willing to destroy its financial system to punish Russia MikeRivero

US Treasury Secretary Janet Yellen has become the latest to add her voice to the growing chorus of Western officials calling for the seizure of Russia’s $300 billion in frozen foreign-exchange reserves for the benefit of Ukraine. This comes after UK Prime Minister Rishi Sunak penned an op-ed over the weekend in which he called for the West to be “bolder” in moving toward confiscating the assets.

1. Introduction

The theory of the abiogenic deep origin of hydrocarbons recognizes that the petroleum is a primordial material of deep origin [Kutcherov, Krayushkin 2010]. This theory explains that hydrocarbon compounds generate in the asthenosphere of the Earth and migrate through the deep faults into the crust of the Earth. There they form oil and gas deposits in any kind of rock in any kind of the structural position (Fig. 1).

The World Economic Forum (WEF) is calling on governments to ban the general public from growing their own food at home by arguing that they are causing “climate change.”

According to so-called “experts” behind a recent WEF study, researchers apparently discovered that the “carbon footprint” of home-grown food is “destroying the planet.”

As a result, the WEF and other globalist climate zealots are now demanding that governments intervene and ban individuals from growing their own food in order to “save the planet” from “global warming.”

“In food, prices are lower than a year ago in places like eggs, apples and deli snacks, but higher in other places like asparagus and blackberries,” said C. Douglas McMillon, president and chief executive officer, in a Feb. 20 earnings call. “Dry grocery and consumables categories, like paper goods and cleaning supplies, are up mid-single digits versus last year and high teens versus two years ago. Private brand penetration is up in many of the countries where we operate, including the United States.”

Tags