Originally published at: https://peakprosperity.com/daily-digest/oils-reaction-to-iranian-attack-free-energy-bird-flu-and-chinese-cyber-attack/
In the wake of Iran’s missile attack on Israel, the global oil market exhibited a relatively muted response, with only a slight uptick in prices. This subdued reaction underscores the evolving dynamics of global oil supply, particularly the role of U.S. shale oil. Despite geopolitical tensions, the perception of ample global supply, bolstered by U.S. shale production, has tempered the impact of such events on oil prices. However, the Energy Information Administration’s recent report highlights a slowdown in U.S. shale output growth, attributed to various factors including economic and operational challenges. This slowdown, coupled with a cautious approach by shale producers towards expansion, suggests a potential shift in the global oil supply landscape. As U.S. shale output growth moderates, the long-standing buffer against geopolitical-induced volatility in oil markets may diminish, potentially leading to more pronounced price fluctuations in response to future geopolitical events.
Global health circles are abuzz with concerns over the bird flu, particularly the H5N1 subtype, which has not only decimated bird populations but has also begun infecting mammals, including humans. The World Health Organization has flagged the increasing instances of human infections as a significant worry, given the potential for the virus to mutate into a more transmissible form among humans. This situation is further complicated by revelations of U.S.-funded experiments in China aimed at enhancing the lethality of bird flu viruses, raising alarms over both national security and public health implications. The intersection of scientific experimentation and the natural evolution of viruses underscores the precarious balance between advancing knowledge and safeguarding public health.
Meanwhile, discussions around suppressed technologies that promise unlimited clean energy and defy conventional physics have resurfaced. Allegations of a shadow government stifling innovations in energy generation to maintain control over resources highlight the ongoing debate between conspiracy theories and the quest for sustainable energy solutions. Critics argue that the suppression of such technologies undermines efforts to address environmental challenges, suggesting a need for a more open and collaborative approach to innovation in the energy sector.
On the cybersecurity front, the FBI has issued a stark warning about the Chinese government’s alleged efforts to target U.S. critical infrastructure, including the energy sector. This strategy, part of a broader campaign to undermine U.S. economic and national security, involves a mix of cyberattacks, counterintelligence, and criminal activities. The revelation of an ongoing hack attack, dubbed Volt Typhoon, which has compromised several U.S. companies, underscores the growing cyber threat to critical infrastructure. The Chinese government, however, denies any involvement, framing the accusations as politicized attempts to vilify China. This ongoing cybersecurity saga highlights the complex and shadowy nature of international cyber warfare, with critical infrastructure increasingly in the crosshairs.
Sources
Why Slowing U.S. Shale Oil Growth Could Impact Global Oil Prices
But the latest fracklog figures support the EIA’s prediction that growth will slow.
Source | Submitted by roosterrancher
Global Health Officials Sound Alarm over Increasing Spread of Bird Flu to Humans
The increasing spread of bird flu to humans is an ‘enormous concern’, the World Health Organization has warned.
Source | Submitted by bcoop
Suppressed Inventions: The Quest for Free Energy and Anti-Gravity Technology
The technology to create unlimited clean, free energy has existed for over 100 years. Dozens, perhaps hundreds, of inventors have created machines that pull energy out of thin air, machines that could defy gravity, levitate, and fly, machines that bend the fabric of space-time itself. These machines sound not just like science fiction, they sound like magic. So where are these magical devices? Well, when the inventors patented and publicized their technology, they performed another magic trick – they disappeared.
Source | Submitted by IrishPrince
FBI Warns of Chinese Hack Attack on U.S. Energy Infrastructure
“The PRC [People’s Republic of China] has made it clear that it considers every sector that makes our society run as fair game in its bid to dominate on the world stage, and that its plan is to land low blows against civilian infrastructure to try to induce panic and break America’s will to resist.”
Source | Submitted by nickythec