War Schmwar

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...

The Russian Defense Ministry said on Wednesday that its forces intercepted 502 Ukrainian drones over multiple Russian regions as the Ukrainian military continues launching massive US-backed drone swarms into the country. Much of Ukraine’s attack focused on Novorossiysk, a Russian Black Sea port city in the Krasnodar Oblast, where local Russian officials said at least […]

The US Embassy in Baghdad on Saturday told all US citizens to leave Iraq due to drone and missile attacks launched by Iran and its Iraqi allies, which continue to target US assets across the country, as the US-Israeli war against Iran expands across the region. “Iran-aligned terrorist militias have encouraged and conducted indiscriminate attacks […]