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Australia Considers Emergency Powers To Protect Domestic Gas Supply
Australia Considers Emergency Powers To Protect Domestic Gas Supply
Authored by Tsvetana Paraskova via OilPrice.com,
Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026.
The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle East conflict disrupts global energy markets.
Australian Minister for Resources, Madeleine King, has given notice of her intention to consider...
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Apr 15, 2026 / Tyler Durden
Tax Freedom Day Underestimates How Long You Work For The Government
Tax Freedom Day Underestimates How Long You Work For The Government
Authored by Jonathan Newman via The Mises Institute,
Tax Freedom Day, calculated by the Tax Foundation, “represents how long Americans as a whole have to work in order to pay the nation’s tax burden.”
It appears that they stopped publishing this in 2019, but others have picked up where they left off.
The idea is that the income earned by taxpayers over a certain proportion of the year goes to Uncle Sam.
In 2025, that date was April 16th.
But the burden of government...
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Apr 17, 2026 / Tyler Durden
Tanker Armada Races For Hormuz After Iran Says Strait Is Open
Tanker Armada Races For Hormuz After Iran Says Strait Is Open
An armada of at least eight oil tankers set off toward the Strait of Hormuz immediately after Iran’s foreign minister said the vital waterway was fully open to shipping.
Five of the carriers, which had been anchored north of Dubai, were moving into the waterway on Friday afternoon, soon after Iran’s foreign minister said it was completely open, vessel tracking data compiled by Bloomberg show. Three more, which were waiting about 70 miles west, have also begun moving in the direction of...
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Feb 23, 2026 / Tyler Durden
Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone
Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone
Authored by Daniel Lacalle,
The market consensus reaction to the Supreme Court ruling on the Liberation Day tariffs exaggerates the negatives and ignores the options of the Trump administration.
Markets are overreacting to headlines about a $175–200 billion tariff refund financial hole. However, the Supreme Court ruling opens a long, narrow, and manageable process, not an imminent fiscal crisis.
In the days after the Supreme Court struck down the Trump Liberation Day tariffs, many sell-side analysts turned a complex legal...
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