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"Doesn't Look Good": Explosion Rocks Major New Orleans-Area Refinery As Fuel Markets Tighten
"Doesn't Look Good": Explosion Rocks Major New Orleans-Area Refinery As Fuel Markets Tighten
A fire broke out Friday afternoon at PBF Energy's Chalmette refinery outside New Orleans, according to the facility.
Reuters cited people familiar with the incident who said the 190,000-barrel-per-day Chalmette refinery suffered an explosion on Friday afternoon. The explosion can be traced to a reformer heater used to convert refining byproducts into octane-boosting components added to unfinished gasoline to make premium and mid-grade fuel blends.
The 190,000-barrel-per-day refinery is one of the major Gulf Coast refineries because it produces...
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May 6, 2026 / Tyler Durden
'Still So Early On This Journey': Morgan Stanley Launches Lower-Cost Crypto Trading
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Just a week after Amy Oldenburg, Morgan Stanley’s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full (a gap she says is the industry’s most urgent problem), the bank announces the launch of crypto trading on E*Trade, charging 50bps in a pilot that undercuts rivals like Coinbase, Robinhood, and Charles Schwab.
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Mar 26, 2026 / Jason Ditz
Israeli Forces Raid Syria, Raise Israeli Flag Over Syrian Town of Hadr
Israeli military vehicles rolled into the town of Hadr in Syria’s Quneitra Governorate on Wednesday and raised the Israeli flag over the town’s entrance. Locals say they also closed all but one road leading into or out of the town, and established a checkpoint on that road as well. Though Israel routinely raids Quneitra’s towns […]
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May 26, 2026 / Tyler Durden
Thomas Massie Files To Run In 2028 After Losing Primary
Thomas Massie Files To Run In 2028 After Losing Primary
Rep. Thomas Massie (R-KY) has filed paperwork to run again in 2028, just days after losing the Republican primary for the Kentucky House seat he has held for more than a decade.
Rep. Thomas Massie (R-Ky.) speaks during a Senate Homeland Security and Governmental Affairs Committee Second Amendment hearing in Dirksen Senate Office Building in Washington on April 15, 2026. Luke Johnson/Getty Images
The May 25 filing with the Federal Election Commission lists Massie, 55, as a Republican candidate for Kentucky's 4th...
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