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UK Announces End Of Fracking Ban, Will Become Net Energy Exporter By 2040

September 22, 2022
International

The United Kingdom has ended its fracking ban in a push to strengthen the nation’s energy security after Russia shut down its flow of natural gas through the Nord Stream 1 pipeline earlier this month. While the United Kingdom “imports very little gas from Russia, gas prices are set globally and are now approximately 450% higher than they were this time last year,” BBC News explained. “The market is so tight at the moment that any disruption in supply causes more hikes in the price of gas,” said Carole Nakhle, CEO of analysts Crystol Energy, after Russia shut down the

Top Banking Executive Shoots Down Rashida Tlaib’s Climate Extremist Proposal: ‘Absolutely Not’

September 21, 2022
Nation
(Photo by Chip Somodevilla/Getty Images)

On Wednesday, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shot down an attempt by far-left Rep. Rashida Tlaib (D-MI) to suggest that banks should quit funding new oil and gas products, explaining that doing so would be a “road to hell for America.” The exchange happened during a House Financial Services Committee hearing from top bank executives on regulatory and oversight in their industry. “You have all committed, as you all know, to transition the emissions from lending and investment activities to align with pathways to net zero in 2050,” Tlaib said. “Do you know what the International Energy Agency has

Federal Reserve Raises Interest Rates By Another .75%

September 21, 2022
Economy
Jerome Powell

On Wednesday, the Federal Reserve announced an interest rate hike of 0.75% to combat the inflation crisis, marking the third consecutive 0.75% increase. According to a recent report from the Bureau of Labor Statistics, prices rose 0.1% in August and 8.3% over the last year. Core inflation, which excludes volatile gas and energy prices, rose 0.6% in August and 6.3% over the last year. “Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low,” the Federal Reserve’s Board of Governors said in a statement. “Inflation remains elevated, reflecting supply

DeSantis Dismantles Top Democrat Who Called Him A ‘Human Trafficker’

September 20, 2022
Immigration
(Photo by Joe Raedle/Getty Images)

On Tuesday, Republican Florida Governor Ron DeSantis dismantled claims by Rep. Hakeem Jeffries (D-NY), chairman of the House Democrats, who said that DeSantis and Texas Governor Greg Abbott (R) were “behaving like human traffickers.” Jeffries’ comments came after DeSantis sent 50 illegal immigrants to Martha’s Vineyard, a vacation spot for affluent Democrats in Massachusetts. “The behavior of individuals like Ron DeSantis and Greg Abbott is radical, reckless, regressive and reprehensible,” Jeffries claimed during a press conference. “They should start behaving like governors and stop behaving like human traffickers. They are putting politics over people in the most egregious way possible.” That afternoon, DeSantis responded,

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