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Shale Giant Diamondback Is Boosting Oil Output "Immediately" On Soaring Prices

Shale Giant Diamondback Is Boosting Oil Output "Immediately" On Soaring Prices With oil prices soaring to multi-year highs, it was only a matter of time: Diamondback Energy, one of the largest shale oil producers, announced it is boosting crude output in response to rising prices caused by the Iran war. The company that operates in the Permian Basin of West Texas and New Mexico is pumping more than 520,000 barrels a day, 3% more than its original full-year guidance, and plans to sustains those levels, Chief Executive Officer Kaes Van’t Hof...
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Sep 9, 2026 / Tyler Durden
NextEra Secures $1.9BN Loan From Dept Of Energy For Restart Of Duane Arnold Nuclear Power Plant
NextEra Secures $1.9BN Loan From Dept Of Energy For Restart Of Duane Arnold Nuclear Power Plant By Zachary Skidmore of DataCenterDynamics NextEra Energy has secured a $1.9 billion loan from the US Department of Energy’s Office of Energy Dominance Financing (EDF) to support the restart of the Duane Arnold nuclear power plant, which is tied to a long-term Power Purchase Agreement (PPA) with Google. The plant, located in Linn County, Iowa, is the only nuclear energy project in the state and first entered service in February 1975. However, due to the 2020...
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Apr 29, 2026 / Tyler Durden
JetBlue Plans 30-40% "Fuel Recapture" Fare Hikes, Capacity Cuts To Cover Rising Costs
JetBlue Plans 30-40% "Fuel Recapture" Fare Hikes, Capacity Cuts To Cover Rising Costs Thanks to the war in Iran, JetBlue Airlines is passing the cost along to us - announcing during Q1 earnings on Tuesday that while the airline had strong revenue performance, prices are going up due to rising fuel costs.  A JetBlue Embraer 190 taxis on the tarmac at Ronald Reagan Washington National Airport in Arlington, Va., on June 29, 2021. Daniel Slim/AFP via Getty Images "While the macro environment, particularly fuel, has become more volatile, we are taking decisive actions to manage...
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Jun 27, 2026 / Tyler Durden
"Iran Is Not Really A Threat To The US"; Curt Mills On Pulling The Chips Off The Table Re:Hormuz
"Iran Is Not Really A Threat To The US"; Curt Mills On Pulling The Chips Off The Table Re:Hormuz President Trump's Iran agreement remains under pressure after a fresh round of retaliatory strikes by the U.S. in and around the Strait of Hormuz. Iran allegedly targeted a commercial cargo ship with attack drones, U.S. forces responded by striking Iranian missile, drone, and radar sites. So the ceasefire is shaky but it seems ….. Against that backdrop, last night, American Conservative executive director Curt Mills and Will Chamberlain of the Article III Project...
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