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WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain
WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain
Oil prices are lower overnight (but dramatically off their lows) amid on-again, off-again optimism of an imminent US-Iran peace deal.
Benchmark Brent fell as much as 12% to $96.75 a barrel in London, while West Texas Intermediate dropped up to 13%. European natural gas plunged as much as 14%.
Oil and gas later pared about half of those losses after Trump said in a Truth Social post on Wednesday that if Iran doesn’t agree, “the bombing...
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Mar 19, 2026 / Rep. John J. Duncan Jr.
Iran War Is Putting Israel First
Reagan Carney, a really fine young man with whom we go to church, told me a few days ago that the University of Tennessee Young Republicans had a board on which members could express their opinions about the war in Iran. The board had only one question: “Is the Iran war putting America first?” At […]
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May 29, 2026 / Tyler Durden
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode
Authored by Michael Snyder via The Economic Collapse blog,
Our economy is being transformed at a faster pace than we have ever experienced before. Thanks to giant leaps in the field of artificial intelligence, human labor is not as valuable as it once was. All over the world, millions of human workers are being replaced and that trend is only going to accelerate. For those that have already retired or are on the verge of...
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Sep 7, 2026 / Daniel McAdams
God’s Little Helpers
Stalin once said, `The death of one person is a tragedy. The death of thousands is a mere statistic.’ He was quite right, of course. Palestine is the current example of Stalin’s cynical observation. There, young, violent Israeli hoodlums – known as ‘settlers’ in western media – have been trying to terrorize Arab villagers into […]
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