Your gateway to a free society
Article
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and we are increasingly seeing anecdotal evidence of just that (here is a table from Goldman we showed previously, laying out where demand destruction is most acute).
We start, as always, with Asia which has emerged as ground zero of the global energy crisis - as a reminder last week we first presented a map by JPMorgan's...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Sep 27, 2026 / Tyler Durden
Xi Will Return And Put His Foot On The Pedal To Develop Better Chips, Better Models, And The Energy To Drive That Compute
Aug 18, 2026 / Tyler Durden
Inside The DSA's Dilemma: Grow The Democratic Party Or Become It
Inside The DSA's Dilemma: Grow The Democratic Party Or Become It
Authored by Russ Jones via The Epoch Times,
The Democratic Socialists of America's national leadership was split 14-13 in Chicago this summer. Not over whether to endorse Rep. Alexandria Ocasio-Cortez (D-N.Y.) for president in 2028, but over whether the group's own 120,000 members should even get to vote on the question.
Rep. Alexandria Ocasio-Cortez (D-N.Y.) speaks during the Democratic National Convention in Chicago on Aug. 19, 2024. Madalina Vasiliu/The Epoch Times
The narrow margin, which blocked a nonbinding member poll, landed in...
Read more
Jul 14, 2026 / Tyler Durden
Trump Backs Off 20% Fee Plan For Hormuz, Asserts 'FULL Blockade' Only On Iranian Ports
Trump Backs Off 20% Fee Plan For Hormuz, Asserts 'FULL Blockade' Only On Iranian Ports
Update(11:20ET): It's the return of another TACO Tuesday as President Trump in a lengthy Truth Social missive appears to have reversed his plan to collect a 20% of cargo fee for international vessels wishing to transit the Strait of Hormuz.
"Oil is flowing like never before," he began (except it's not...), before writing, "Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?