I'm Sorry, But The Fed Has Run Out Of Road

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...

Watch: Gulf High-Rises, Tourist Spots Get Pummeled By Iranian Ballistic Missiles Update(1245ET): Some absolutely crazy footage has been emerging Saturday amid Iran's retaliation, following the overnight into early hours US-Israeli strikes on the Islamic Republic. Among the most shocking: the Palm Jumeirah area has been hit, possibly directly or else by falling missile debris, which is the iconic man-made island in Dubai. Fairmont The Palm hotel on fire, and confirmation: "Dubai authorities confirm that an incident occurred in a building in the Palm Jumeirah area. Emergency response teams were deployed immediately, and...