Sunday, December 4, 2022

Tag: oil attrition

Energy Wars of Attrition

In the end, the oil attrition wars may lead us not into a future of North American triumphalism, nor even to a more modest Saudi version of the same, but into a strange new world in which an unlimited capacity to produce oil meets an increasingly crippled capitalist system without the capacity to absorb it.

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While Pelosi quickly endorsed Rep. Hakeem Jeffries to replace her as leader, an overall closer look reveals a problematic record.

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Putting ‘profits over people’, Senate rejects paid sick leave for rail workers

Forty-two Republicans—and serial Democratic obstructionist Joe Manchin of West Virginia—voted down Rep. Jamaal Bowman's (D-N.Y.) proposal to include seven paid sick days in the tentative contract.
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The Fed’s inflation mistake continues

Most of the pain is borne by people who are already struggling to keep up with rising prices: lower-wage workers and the poor.