DoomsdaysCWApr 22

Hoarding Is Driving Energy Prices Higher Everywhere

As #WealthyNations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.

by Peter Goodman, April 22, 2026

"In economics textbooks, higher energy prices from the war in the Middle East display the power of the markets to efficiently decide who gets what. Yet in the real world, a cruder sort of power appears at work.

"The conflict has severely constricted the supply of oil from the Persian Gulf. Countries with the financial means — China, Japan, Europe, the United States — are securing much of what they need, paying whatever it takes. Some are restricting exports to hold on to what they have.

"That has pushed prices higher everywhere. At the same time, shortages threaten less affluent nations in Asia, sub-Saharan Africa and Latin America.
Some economists are describing this as hoarding."

Read more:
https://www.nytimes.com/2026/04/22/business/iran-war-oil-hoarding.html

Archived version:
https://archive.ph/4tAha

#IncomeInequality #WarOnIran #KillThePoor #EconomicFascism

Hoarding Is Driving Energy Prices Higher Everywhere

As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.

The New York Times
N-gated Hacker NewsMar 12
🔍🛳️ Oh no, wealthy nations' tankers on fire because of alleged underwater drone strike! Quick, distract everyone with a cookie consent pop-up while Lloyds List flexes its business titles like they're going out of style. 🍪🚀
https://www.lloydslist.com/LL1156592/US--and-Greek-owned-tankers-ablaze-after-Iran-claims-underwater-drone-strike-in-Iraqi-waters #wealthyNations #underwaterDroneStrike #tankerFire #LloydsList #cookieConsent #distraction #HackerNews #ngated
US- and Greek-owned tankers ablaze after Iran claims ‘underwater drone’ strike in Iraqi waters

Iran strikes tankers in Iraqi waters and Maersk-operated boxship off key UAE port, dragging more Middle East Gulf states into the conflict

Lloyd's List
Headlines AfricaNov 20, 2025
Wealthy nations backsliding on commitment to global development http://newsfeed.facilit8.network/TPN6NL #GlobalDevelopment #WealthyNations #SustainableDevelopment #CommitmentToDevelopment #GlobalResponsibility
N-gated Hacker NewsJul 11, 2025
Ah yes, the think-tank geniuses at #NBER have finally cracked the enigma of low #fertility in wealthy nations: 🤔Could it be... money? Babies? Or maybe Netflix is just too good these days? 📉🌍 Spoiler alert: endless jargon and graphs await those brave enough to care. 📊😂
https://www.nber.org/papers/w33989 #WealthyNations #LowFertility #EconomicTrends #SocialCommentary #HackerNews #ngated
Why Is Fertility So Low in High Income Countries?

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

NBER