Recent Posts

Dominion kills pipeline, sells assets

Bloomberg One of the largest utilities in America is starting to turn its back on natural gas. Dominion Energy Inc, the second-biggest US power company by market value, said it’s selling substantially all of its gas pipeline and storage assets to Berkshire Hathaway Inc for $4 billion. In a separate statement, Dominion and its partner Duke Energy Corp said they’re ...

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China coal group halts daily demand index

Bloomberg A Chinese coal industry group halted publication of a daily consumption index that was widely used as a real-time indicator of the nation’s economic health. Accurate and timely data is key to understanding the world’s second-biggest economy, but releases can often change with little warning, even when the figures are from official sources. The coal market lost an important ...

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And China extends its reign of random fear

The French revolutionaries’ instrument for administering the 1793-1794 Reign of Terror was the Committee of Public Safety. Today, China’s totalitarians, displaying either ignorance of this unsavory history, or arrogance in flaunting their emulation of it, call their new instrument for suffocating Hong Kong the Commission for Safeguarding National Security. Yet again, actual tyranny is imposed in the supposed service of ...

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