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Major US Shale Producer To Boost Output, And It Suggests One Thing

Major US Shale Producer To Boost Output, And It Suggests One Thing Last month, roughly three weeks into the U.S.-Iran conflict, UBS chief economist Arend Kapteyn told clients that one reason this Middle East energy shock is "not like the 2011-2014 shale boom" is the lack of a comparable response from the U.S. shale patch. In other words, the oil shock was viewed as temporary by major shale players and not worth adding new drilling rigs to the mix. But now, on day 35 of Operation Epic Fury, that assumption about...
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Apr 23, 2026 / Tyler Durden
Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right'
Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right' Summary: Trump Confirms possible U.S. Gov't takeover of Spirit  WSJ says the Trump administration's possible $500 million rescue deal could leave the U.S. government with 90% control. WSJ says Commerce Secretary Howard Lutnick is leading the effort in U.S.-Spirit talks. BBG reported earlier on a potential $500 million rescue loan for Spirit. News of a possible rescue loan for Spirit emerged last week. Polymarket:   US takes a stake in Spirit Airlines by May 31? Yes 36% · No 64%View full market & trade...
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Jul 6, 2026 / Tyler Durden
US Services Surveys Show Continued Expansion In June: Jobs Up, Inflation Down
US Services Surveys Show Continued Expansion In June: Jobs Up, Inflation Down Following US manufacturing small dip in June (though still expanding), the US Services sector PMI surveys are a little more mixed but both still solidly in expansion in June: S&P Global US Services PMI ticking up on the month from 50.7 to 51.2 (but a smidge below the 51.3 flash print) ISM US Services PMI dipped from 54.5 to 54 (in line with expectations) “A slight acceleration of business growth in the services economy takes the expansion to the strongest since...
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Jul 27, 2026 / Tyler Durden
Shootout Erupts At Seattle Festival, Killing 3; Second Gunman On The Run
Shootout Erupts At Seattle Festival, Killing 3; Second Gunman On The Run Seattle police are searching for a second suspect after two gunmen allegedly exchanged fire inside the crowded Bite of Seattle festival beneath the Space Needle, killing three people and wounding four others, including a 2-year-old boy. BREAKING: 2 killed, 5 injured in shooting at Seattle Center, Washington pic.twitter.com/MPaA3lzO7W — Rapid Report (@RapidReport2025) July 27, 2026 One suspect surrendered at the scene, while the second remains at large. "We're still trying to figure this out," Davis said. Suspect Number One: BREAKING - SEATTLE SHOOTING...
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