Georgia Governor Declares 15 Day State of Emergency, Deploys National Guard in Anticipation of Tyre Nichols and 'Cop City' Riots

AI "Circle Jerk" Returns: Anthropic To Spend $100 Billion On AWS In Amazon Deal Circular AI vendor financing is back and back in a big way... As we noted last fall, when we walked readers through the stunning math behind what we called the AI "circle jerk," this latest iteration centers on Amazon and Anthropic, with the left-leaning AI company now committing to spend more than $100 billion over the next decade on AWS infrastructure. In the announcement on Monday evening, Anthropic committed to spending more than $100 billion over the next...

Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains Submitted by Michael Kern of OilPrice.com, The war in the Middle East has upended shipping fuel markets with prices of marine fuels skyrocketing and regions running low on supply, pushing some traders to forgo cargo and ship additional fuel volumes to key bunkering ports outside the Middle East. The price of fuel oil has surged this month as the stalled tanker traffic at the Strait of Hormuz is tightening supplies of the fuel in Asia, the key bunkering hub for fuel...

Japan's $36 Billion Bet On US Energy Dominance Authored by Irina Slav via OilPrice.com, Japan has committed $36 billion as the first tranche of its $550-billion U.S. investment pledge under last year’s trade deal, including plans to build a 9.2 GW natural gas power plant in Ohio. The remaining funds will support a synthetic diamond factory and the Texas GulfLink deepwater oil export terminal. The massive gas plant reflects surging U.S. electricity demand — particularly from AI-driven data centers — with natural gas emerging as the preferred source of reliable baseload power. Japan has...