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Europe's Looming Jet Fuel Crisis: Hormuz, Policy Failure, And A Self-Inflicted Supply Shock
Europe's Looming Jet Fuel Crisis: Hormuz, Policy Failure, And A Self-Inflicted Supply Shock
Submitted by Thomas Kolbe
Politics has established a new routine. Right at 12 noon, prices at German gas stations now rise day after day.
The government’s pricing decree, a hastily assembled mechanism, acts like an accelerant in an already dramatically strained fuel supply situation. Anyone with rudimentary economic understanding already knew that this form of price regulation would amount to political posturing with fatal consequences.
The market is reacting as expected. Gas station operators anticipate general price increases and indirectly...
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Pentagon Removes Press Offices After Federal Judge Blocks Trump Restrictions
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The Defense Department has announced plans to remove media offices from the Pentagon after a Clinton-appointed federal judge sided with The New York Times in a lawsuit challenging limits on reporters' access to the building. The action is seen as a "loophole" strategy to bypass the ruling against restrictions which the Trump Administration has struggled to enforce in the wake of a hailstorm of national security leaks.
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