Are Government Services Underfunded?

European Gas Storage Can't Survive 3 More Months Of Hormuz Authored by Alex Kimani via OilPrice.com, Europe risks a major gas storage shortfall if disruptions through the Strait of Hormuz continue for another 1–3 months, with inventories still far below normal seasonal levels. LNG supply disruptions, strong Asian demand, and distorted gas pricing have made refilling storage unusually difficult and expensive across the EU. Equinor warns prolonged disruptions could push Dutch TTF gas prices toward €90/MWh, forcing industrial demand destruction and fuel switching across Europe. Europe could face a critical shortfall in natural gas...

Target Hospitality Jumps As Data Center Boom Fuels Demand For Worker Camps Target Hospitality shares jumped in premarket trading after the company announced a new contract to provide mobile housing solutions and related hospitality services for workers at data center construction projects. The 48-month contract could generate upward of $750 million in revenue for Target Hospitality, which builds, owns, leases, and operates large temporary or semi-permanent "communities" for workers of major projects. The contract covers 3,370 beds. Historically, Target Hospitality generated revenue from energy, natural resources, and government-related customers, but since the...

Conflict Hits 6 Months: Iran Says Diplomacy Can Return But "Pressure Doesn't Work" In what will likely prove to be a very limited and ultimately unfruitful diplomatic overture, Iranian Foreign Minister Abbas ​Araghchi has newly announced that Tehran views renewed talks with Washington as not impossible, and that dialogue can actually get on track - but so long as the US understands that pressure does not work. In a Friday post on X, Araghchi ⁠acknowledged "creative discussions" ‌with Qatar's Prime Minister and Foreign Minister ‌Sheikh Mohammed bin Abdulrahman Al -Thani, wherein...