Futures Rebound From Overnight Selling To Trade At Session Highs Amid Constant Iran Newsflow

AI Demand, War, & Climate Pressure Push World Back To Nuclear Authored by Haley Zaremba via OilPrice.com, The US and Canada each announced plans this week to build ten new nuclear reactors, the biggest coordinated nuclear push in North America in decades. The moves come as the AI boom, the war in Iran, and broader geopolitical instability push energy security to the top of the policy agenda worldwide. China added 34 gigawatts of nuclear capacity over the past decade to the US's one plant, and is on track to overtake both the US...

No, The Framers Would Have Hated The Billionaire Tax Authored by Jonathan Turley, Below is my column in the Wall Street Journal on the bizarre claim of Gov. Gavin Newsom and others that the Framers would have supported wealth taxes, including the proposed Billionaire’s Tax. It is a claim that seeks to mask the economically unwise with the historically unfounded. The Framers sought to protect property from legislative redistributive impulses. James Madison wrote that the bicameral system, and particularly the Senate, “ought to be so constituted as to protect the minority of the...

As Los Angeles Hits "Breaking Point" Population Exodus, Houston's GDP Rockets Higher California - which spends nearly 40% of taxpayer revenue ($95.5 billion, not including federal funds) on social services that's rife with  fraud - and which spends roughly 25% of its $95.5 billion Medi-Cal budget (free healthcare) on illegal immigrants, is in the midst of a massive population exodus due to housing affordability, crime, taxes, wildfires, parental rights, and homelessness.  And while San Francisco and Los Angeles compete for the biggest cesspool in the country, LA county just took the crown when it comes to population...