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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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Jul 22, 2026 / Tyler Durden
Poland's Planned Megaport Is Part Of Its Regional Power Play
Poland's Planned Megaport Is Part Of Its Regional Power Play
Authored by Andrew Korybko,
Poland will become indispensable to Czechia, Slovakia, Austria, and Hungary’s global trade upon the completion of this project, thus securing their place within its “sphere of influence” and reducing the likelihood that German-backed Ukraine “poaches” them as part of their rivalry for regional leadership.
“Notes From Poland” reported that “Poland has begun construction of a 10 billion zloty (€2.3 billion) deepwater port and container terminal in the city of Świnoujście, near the German border…The facility will also be...
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May 26, 2026 / Tyler Durden
Does Demand Create Supply?
Does Demand Create Supply?
Authored by Frank Shostak via Mises Institute,
By popular thinking, increases in demand cause economic growth. According to such thought, whenever the economy falls into a recession what is required is to strengthen demand. Since government is seen as an important part of total demand, what is then required is to increase government outlays, thereby lifting overall demand and hence increasing economic growth.
According to the popular view, it is also possible to strengthen overall demand through the inflationary increases in money supply. With more money in their...
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Aug 8, 2026 / Tyler Durden
Existing Power Plants Are "Bedrock" In Supplying Data Centers: Constellation CEO
Existing Power Plants Are "Bedrock" In Supplying Data Centers: Constellation CEO
By Ethan Howland of UtilityDive.com
Despite the Ratepayer Protection Pledge’s call for planned data centers to supply their own new generation, existing power plants will play a major role in supplying them with power, according to Joseph Dominguez, Constellation president and CEO.
“We’re never going to build this economy if … we have to wait for new power plants to be built before we can connect any data center,” Dominguez said Thursday during an earnings conference call. “The bedrock of building...
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