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US Crude Stockpile Hits Highest Since June 2024, Exports Surge

US Crude Stockpile Hits Highest Since June 2024, Exports Surge Oil prices are ripping higher this morning (rebounding aggressively of overnight lows) after US and Israel attacked upstream Iranian energy assets for the first time since the war (While the US struck oil export hub Kharg Island late last week, it limited that attack to military targets began). Iran’s IRGC responded by publishing a list of Gulf energy sites in Saudi Arabia, the United Arab Emirates and Qatar that “have become direct and legitimate targets” following the attack on South Pars, the...
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Mar 19, 2026 /
Department of War Seeks $200 Billion More to Fund Iran War
The Department of War says it needs $200 billion in additional funds for the war against Iran. Pentagon chief Pete Hegseth suggested the number could go higher. According to a senior administration official speaking with The AP, the Department of War submitted the spending request to the White House. Congress will have to pass a supplemental military […]
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Feb 27, 2026 / Tyler Durden
'Sense-Making Seems Impossible...'
'Sense-Making Seems Impossible...' Authored by James Howard Kunstler, The Man Who Might Wreck the Country “That a government’s primary responsibility is to its citizens should not be a controversial proposition.” - Coddled Affluent Professional on X The zeitgeist is a rough beast, hard to ride as it slouches into the unknown. Our country is trying to hang on while a party of goblins vexes and needles the beast from behind, and you cannot make them stop. Sense-making gets to seem impossible. We don’t have an explanation from Senate Majority Leader John Thune as to why he will...
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Apr 10, 2026 / Tyler Durden
D.C. Economy "Under Strain," Faces Biggest Spending Cuts Since Great Recession
D.C. Economy "Under Strain," Faces Biggest Spending Cuts Since Great Recession The U.S. Bureau of Economic Analysis released its state-level real gross domestic product data on Thursday, revealing a sharply uneven economic landscape in the fourth quarter of 2025, with boom times in North Dakota contrasting with a sharp slowdown spreading across the Mid-Atlantic, especially in Washington, D.C. "From a regional perspective, real GDP increased in 35 states in the fourth quarter of 2025, with the percent change at an annual rate ranging from 3.8 percent in North Dakota to –8.3...
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