U.S. Wheat Futs Hit Two-Year High As Wall Street Sounds Alarm Over Drought Shock

Europe's Dependence On US LNG Set To Surge By Irina Slav of OilPrice.com The European Union’s dependence on liquefied natural gas from the United States is set to rise significantly, reaching 80% of all LNG imports in two years, the Institute for Energy Economics and Financial Analysis has warned. In a report cited by Reuters, IEEFA noted that the European Union already imports significant volumes of U.S. liquefied gas, creating a potentially risky dependence on a single supplier. LNG imports from the United States into the EU accounted for 58% of overall LNG...

Wexner Says He Was 'Conned' By Epstein, Did 'Nothing Wrong' After what must have been quite the prep session with lawyers, billionaire Les Wexner - who gave Jeffrey Epstein "about a billion dollars" in cash and assets - testified to the House Oversight Committee on Wednesday that he was "conned" by Epstein, and denied any wrongdoing. Les Wexner denied any wrongdoing or knowledge of Jeffrey Epstein's crimes during testimony to House lawmakers.House Oversight and Government Reform Committee In a prepared statement, the 88-year-old former L Brands (which owned Victoria's Secret) CEO...

America's Energy Future Is Being Decided In Obscure Utility Commission Races Authored by Elizabeth Gianini via RealClearEnergy, Most Americans could not name a single member of their state Public Service or Utility Commission (PSC/PUC). Radical climate activists are counting on that. Across the country, radical climate activists and left-wing environmental organizations are pouring millions of dollars into obscure utility commission races because they understand something many voters do not: these commissions increasingly influence the future of America's electric grid. These regulatory bodies decide how electricity is generated, how transmission infrastructure is built, how quickly...