Three Supertankers Carrying Iraqi And Saudi Crude Sail Through The Strait Of Hormuz

Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks Authored by Matthew Vadum via The Epoch Times, Companies that legally sell recreational marijuana to adults are being sued in Illinois and Connecticut for allegedly not warning customers of the possible health problems caused by the drug. Attorneys for the plaintiffs say these proposed class actions—four in all—that were filed May 4 in federal and state courts are the first of their kind. Federal and state court rules govern whether a class action gets certified and is allowed to proceed. The lawsuits come...

Why Bernie Sanders Is Wrong About Gas Prices Authored by Robert Rapier via OilPrice.com, Gasoline prices can diverge sharply from crude oil prices due to refining and logistical constraints. Tight refinery capacity and geopolitical disruptions have created bottlenecks throughout the fuel supply chain. Policies that discourage energy infrastructure investment could worsen future fuel price volatility. When lawmakers propose solutions to complex economic problems, the first requirement should be a clear understanding of how those problems actually work. A recent Facebook post by Bernie Sanders comparing today’s oil and gasoline prices to those in 2011 suggests...

Senators Unanimously Pass Resolution To Withhold Their Own Pay During Shutdowns Authored by Jackson Richman via The Epoch Times, The Senate unanimously approved a resolution on May 14 that would suspend senators’ pay during government shutdowns. The measure, introduced by Sen. John Kennedy (R-La.), passed by voice vote and is scheduled to take effect after the November midterm elections. Under the resolution, the Senate secretary would withhold lawmakers’ salaries whenever a government shutdown affects one or more federal agencies. Pay would be released once government funding is restored. Supporters say the proposal is intended...