The US May Have Shot Down a Small Hobby Balloon With a Sidewinder Missile

LIS Technologies Initiates Engagement With NRC LIS Technologies (LIST) initiated its first engagement with the Nuclear Regulatory Commission (NRC) in preparation for starting up the company's laser uranium enrichment technology facilities.  LIST submitted a Standard Practice Procedures Plan for the company's smaller-scale demonstration facility in Oak Ridge, Tennessee. This is part of a process for obtaining approval from the NRC to start handling classified information related to nuclear technology. It's a relatively minor step, but important in the context of finally engaging the regulator. The company is currently pursuing novel uranium enrichment technology...

WTI Extends Losses After Biggest Crude Build In 3 Years Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran). "Iran, rather than backing down and agreeing to all and any term [U.S. President Trump] is placing on the table (as he had expected), is instead daring him to attack. "Just you try it and you will see what you will get!" is kind of what Iran implicitly said...