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Halliburton Sees First Signs Of Life In America's Oil Patch: "We Are In Early Innings"
Halliburton Sees First Signs Of Life In America's Oil Patch: "We Are In Early Innings"
An emerging theme we are focusing on is the early stage of a major capex upcycle in America's oil patch, with even Goldman now moving in that direction and forecasting a boom that could echo the industry's expansion cycle of the early 2000s.
Continental Resources CEO Doug Lawler was the first of the major oil patch players to mention in early April that "Continental is increasing our capital budget, which will increase production."
Now, another giant...
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May 18, 2026 / Tyler Durden
Escobar On Xi's "Constructive Strategic Stability"
Escobar On Xi's "Constructive Strategic Stability"
Authored by Pepe Escobar,
If all of us are magnanimous enough, we might infer that Xi and Trump agreed on a three-year stability framework.
The headline on the front page of China Daily this past Thursday was a thunder and lightning “Red-carpet welcome for Trump in Beijing”.
Well, complete with electric jumpin’ children waving flowers and a visit to the Temple of Heaven, built in 1420, symbolizing the connection between heaven and humanity.
Youth meet tradition. The generation that will lead fully modernized China meets deep History. A...
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Apr 29, 2026 / Tyler Durden
Billionaire Tim Draper: You Should Be Scared If You Don't Own Bitcoin
Billionaire Tim Draper: You Should Be Scared If You Don't Own Bitcoin
Authored by Micah Zimmerman via Bitcoin Magazine,
Speaking on the Nakamoto Stage, Tim Draper told attendees that bitcoin has entered the financial mainstream and that governments now roll out “the red carpet” for the industry. He said the community is “starting to feel like something is happening” as adoption grows, and he cast that shift as the early phase of a larger transition in the money system.
In his view, people will move in stages: first from dollars to stablecoins,...
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Nov 12, 2026 / Tyler Durden
Biden Finally Admits He Should Never Have Run
Biden Finally Admits He Should Never Have Run
Authored by Steve Watson via Modernity,Joe Biden has finally said what millions of Americans watched unfold in real time. In a new interview with People magazine promoting his forthcoming memoir, the former president stated that if he had known he was "feeling lousy because I had cancer," he "would've not gone forward" with the 2024 reelection bid.He added plainly: "I don't think an 80-year-old man with cancer should be running."The admission arrives years after Biden's own party, his closest aides, and large...
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