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After Dems Record-Breaking (And Useless) Drain, Schumer 'Demands' Trump Release Oil From The SPR 'Immediately'
After Dems Record-Breaking (And Useless) Drain, Schumer 'Demands' Trump Release Oil From The SPR 'Immediately'
In 2022, following Russia's invasion of Ukraine, which disrupted global oil supplies and drove US gasoline prices to record highs above $5 per gallon in June, the Biden administration authorized unprecedented releases from the Strategic Petroleum Reserve (SPR) to ease fuel costs as the 2022 Midterm elections loomed (and Democrat approval ratings slid).
The historic drawdown announced in March was the largest SPR release in history, and was pitched as 'bridging supply shortfalls while global production...
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Mar 26, 2026 / Tyler Durden
The US Shows A Way Out Of Germany's Energy Trap
The US Shows A Way Out Of Germany's Energy Trap
Submitted by Thomas Kolbe
Big developments are underway in Tennessee and Alabama. Over the next five years, the joint Japanese-American project will bring several so-called small modular reactors (SMRs) of the BWRX-300 type online. Almost one percent of U.S. electricity production—slightly more than three gigawatts—will be added to the existing energy mix by reactors designed by Hitachi and GE Vernova.
A caveat for purists of market economics: this is a hybrid project. While the majority is privately financed, export support from Japan...
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Apr 3, 2026 / Tyler Durden
Trump Says 'A Little More Time' Needed To Open Hormuz, 'Take The Oil & Make A Fortune' - As Israel Hit Hard During Passover
Trump Says 'A Little More Time' Needed To Open Hormuz, 'Take The Oil & Make A Fortune' - As Israel Hit Hard During Passover
Summary
Trump: US needs "a little more time" to reopen the Strait of Hormuz, while floating the prospect of seizing oil amid potential island or ground campaign
Iran and Hezbollah fire 140+ rockets during Jewish Passover, with sustained barrages hitting Israel
French-owned vessel becomes first Western-linked/European ship to transit Hormuz since war began, signaling a tentative thaw after weeks of near-total shipping freeze
Iran targets Gulf infrastructure, including a Kuwaiti...
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Feb 14, 2026 / Tyler Durden
Lavrov Soberly Acknowledged The Challenges Posed By Trump 2.0
Lavrov Soberly Acknowledged The Challenges Posed By Trump 2.0
Authored by Andrew Korybko,
He calmly acknowledged that it’s now more difficult for Russia to advance its foreign policy goals due to the US’ renewed attempt to dominate the global economy through coercion and force, but he still believes that BRICS will play a pivotal role in furthering the global systemic transition to multipolarity.
Russian Foreign Minister Sergey Lavrov recently gave an interview to TV BRICS about their namesake organization and its role in the global systemic transition.
He began by contextualizing the present moment in...
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