Oil Demand Drops, Navalny Dead, Nuclear Reactor Approved

Originally published at: https://peakprosperity.com/daily-digest/oil-demand-drops-navalny-dead-nuclear-reactor-approved/

The International Energy Agency (IEA) has issued a warning about plummeting oil stocks as global demand growth loses momentum. Disruptions to maritime trade in the Red Sea have led to longer oil delivery distances and times, resulting in a drop in stocks. Preliminary data indicates that global observed oil stocks fell by about 60 million barrels in January, with on-land inventories falling to their lowest level since at least 2016. The IEA also noted a sharp drop in China underpinning an 830,000 barrel decline in global oil demand to 102.1 million barrels per day in the last quarter of 2023. The agency expects that oil demand could peak by the end of this decade.

In a significant development in Russia, prominent opposition leader Alexei Navalny has died in prison. Navalny, who rose to prominence by exposing corruption among the ruling elite, fell unconscious during a walk at the Arctic penal colony where he was serving a three-decade sentence. His death has sparked outrage and condemnation from Western leaders, who have accused Russia and President Vladimir Putin of being responsible. Navalny’s movement is now outlawed, and many of his allies live in exile. His death has raised concerns about the health and safety of other activists in jail.

In the United States, the Nuclear Regulatory Commission has issued a construction permit for a new type of nuclear test reactor for the first time in 50 years. The Hermes demonstration reactor, to be built in Oak Ridge, Tennessee, by California-based company Kairos Power, will use molten fluoride salt instead of water as a coolant. This change will allow the reactor to operate at a much lower pressure, making it safer and more flexible. Proponents of nuclear power argue that it is one of the safer and more environmentally friendly forms of power available.

In the field of medical technology, a new class of “encrypted RNA” vaccines is being developed. These vaccines use Therapeutic Interfering Particles to stop the virus from multiplying and are designed to piggyback onto existing wild viruses and spread without consent. Companies like Autonomous Therapeutics and VxBiosciences are working on these vaccines, receiving millions in federal grants. However, the safety of these inhalable therapies is questionable, as they involve man-made parasites that self-replicate and transmit without consent. The Informed Consent Action Network (ICAN) is taking legal action to ensure individuals are not infected without consent.


Jailed Russian Opposition Figure Alexey Navalny Dies After Losing Consciousness in Prison

“All the necessary resuscitation measures were carried out, but they failed to achieve a positive result,” the authorities outlined.

Source | Submitted by richcabot

New Class of “Encrypted RNA” Vaccines Raises Concerns Over Consent and Safety

ICAN is already deploying a legal strategy to ensure that individuals will never be infected with engineered viruses and bacteria without their express consent.

Source | Submitted by guodong

U.S. Nuclear Regulatory Commission Issues Permit for New Type of Nuclear Test Reactor

“Nuclear energy is akin to a climate savior, given the overwhelming utility, low risk and sustainability available from this technology,” Robert Hayes, an associate professor of nuclear engineering at North Carolina State University, wrote in a research paper.

Source | Submitted by John Goodwin

Putin foe Alexei Navalny dies in jail, West holds Russia responsible

Navalny dies in prison after walk, says prison service

Source | Submitted by vs555

IEA Warns of Plummeting Oil Stocks Amid Global Demand Slowdown

“Global observed oil stocks plummeted by about 60 mb (million barrels) in January, preliminary data indicate, with on-land inventories falling to their lowest level since at least 2016,” the IEA said in its latest monthly oil market report.

Source | Submitted by roosterrancher

1 Like

Anyone in to Biological Jazz (noise)? amazing artistry but…(not for the Squamish):