Proven Petroleum Reserves and the Myth of “Peak Oil”

Taiwan Semiconductor April Sales Grow At Slowest Pace In 6 Months Taiwan Semiconductor, world's largest dedicated independent semiconductor foundry, posted its slowest pace of monthly revenue expansion since October, highlighting the challenges of sustaining torrid AI-fueled pace of growth. Sales in April rose 17.5% to NT$410.7 billion ($13.1 billion), their smallest rise in about six months. While the rise reflects just 30 days of business and its revenue can fluctuate month-to-month, the drop was notable; analysts expect the company’s June-quarter revenue to grow almost twice as fast, or at about 35%...

"There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are gazing in the wrong direction. The revolution is behind them. It went by in the Night of Depression, singing songs to freedom."

President Trump said on Friday that the US Navy was acting “like pirates” while enforcing the blockade against Iran, comments that affirm Tehran’s characterization of the US military action, which has involved seizing ships and Iranian oil. “We … land on top of it and we took over the ship,” Trump told a crowd of […]