Venezuela is close to reaching its maximum petroleum production capacity, since it has managed to double its crude production in recent months, thanks to Iran and other countries that have helped it evade US sanctions. Oil industry sources confirmed to the Spanish-language newspaper El Nuevo Herald, published in Florida, that […]
Tag: fossil fuels
Capitalism goes back to “normal”
The ruling class around the world have decided that the global economy must get back to normal, and that restrictions introduced to protect people in the so-called “developed world” from the covid-19 pandemic must be abandoned, despite the onset of a new wave of the virus. Governments have gone back […]
Profits put before action on Climate Change
The constant growth of capitalism, fuelled by exploitation, has resulted in an energy crisis in the European Union. Oil prices have risen by 60 per cent this year, while natural gas has risen by 500 per cent, and coal prices in China are at a record. The increase in gas […]