Tuesday, March 4, 2025

World Powers Increasingly See Icy Arctic as a Hot Property

From AP News From a helicopter, Greenland’s brilliant white ice and dark mountains make the desolation seem to go on forever. And the few people who live here — its whole population wouldn’t fill a football stadium — are poor, with a high rate of substance abuse and suicide. One scientist called it the “end of the planet.” When U.S.

Russian President Vladimir Putin giving a speech

You Can Thank Putin for OPEC’s Cut

Russian President Vladimir Putin’s key role in brokering the OPEC agreement The price of crude oil continues to climb past $50 per barrel following OPEC’s deal to cut 1.2 MMBOPD of production Wednesday. A number of non-OPEC producers will join the organization in lowering output, chiefly Russia, which has agreed to reduce its production 300 MBOPD from post-Soviet highs. Russian

Putin, Russia

Brent Shoots to $53.73 after Putin Offers Support for OPEC Production Cap

Vladimir Putin calls for non-OPEC support of the group’s production cap Oil prices surged Monday as Russian President Vladimir Putin offered support for OPEC’s proposed production cap policy. Russia, the world’s largest energy exporter, is ready to join the group in limiting production with either a freeze or a cut, Putin said at the World Energy Congress in Istanbul. “Russia