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Biden is running in 2024 – White House

President Joe Biden intends to run for reelection in 2024, White House Press Secretary Karine Jean-Pierre said on Friday. Biden is currently dealing with declining support from Democrat voters, while some lawmakers in the party are withholding their endorsement. “The president intends to run in 2024 [and] we are a …

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US oil reserves running low – Bloomberg

Washington has been actively selling from its Strategic Petroleum Reserve (SPR) over the past year to keep energy prices from rising even higher, Bloomberg reported on Friday, noting that the government can’t keep tapping the reserves forever. According to the report, over the past year almost 115 million barrels were …

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Poland is running out of coal

Polish companies have limited the sale of coal in the country after blocking imports from Russia, Deputy Minister of State Assets Piotr Pyzik said during his speech in Parliament on Friday. He explained that the demand for raw materials in the country is far exceeding domestic output. “Companies… have decided …

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US running low on weapons as it arms Ukraine – Congressman

Rep. Mike Gallagher, a Republican from Wisconsin, has claimed that the US’ rush to arm Ukraine has “burned through” years worth of weapons stockpiles, hampering Washington’s ability to simultaneously arm Taiwan against potential conflict with China. Meanwhile, the US’ vast military industry is lobbying the White House for more contracts. …

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US government is running out of cash for Ukraine

The US government needs Congress to approve its $33 billion request as soon as possible because it only has $250 million remaining from the previous package of assistance for Ukraine, White House spokeswoman Jen Psaki has said.  US President Joe Biden signed the request on Thursday. He admitted that $33 …

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Europe is running out of space for LNG

After the massive influx of US liquefied natural gas to make up for lower pipeline supplies from Russia amid high demand, Europe is running out of processing capacity for the gas, Reuters has reported. Europe turned into the biggest market for US liquefied natural gas over the past three months …

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Russia running out of ‘easy’ oil

“Almost 100% of our production will be hard to recover over the term of ten years,” Sorokin said, as quoted by news agency TASS. The hard-to-recover reserves will have much higher lifting costs than conventional reserves, according to the deputy energy minister. This is a problem for Russia, one of the …

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