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US Unleashes Another Wave Of Crude From Strategic Reserve As Gas Prices Soar
US Unleashes Another Wave Of Crude From Strategic Reserve As Gas Prices Soar
The U.S. government will loan 53 million barrels of oil from the Strategic Petroleum Reserve (SPR) to petroleum companies in a bid to relieve elevated gas and oil prices amid the conflict with Iran.
In a news release on Monday, the Department of Energy (DOE) announced it would release the crude oil from its sites in Louisiana and Texas to contribute to the International Energy Agency’s (IEA’s) move to stabilize the price of oil, which has often risen...
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May 11, 2026 / Tyler Durden
"No More Nakedness": Spencer Pratt's L.A. Mayoral Plan To Restore Order 'In Weeks' Has Democrats In Panic Mode
"No More Nakedness": Spencer Pratt's L.A. Mayoral Plan To Restore Order 'In Weeks' Has Democrats In Panic Mode
Los Angeles mayoral candidate Spencer Pratt, whose social media team has been running circles around far-left incumbent Mayor Karen Bass and socialist Councilmember Nithya Raman in recent weeks, appears to be gaining momentum. Whether from his strong performance at last week's mayoral debate or his viral social media ads, the former reality TV star, made famous on MTV's The Hills, has reached an inflection point as a serious challenger to the Democratic...
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Apr 20, 2026 / Tyler Durden
Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit
Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit
Last November, we warned that storms clouds were gathering over the torrid, and in some cases chaotic, rollout of US data centers, after Fermi's massive 11 GW energy and data center project in Texas, called Project Matador, which the company has envisioned to be the world's largest AI data center and energy campus in the Texas Panhandle, near Amarillo, was struggling to close the deal with its first major data center tenant (and since Fermi is set up as...
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Feb 23, 2026 / Jason Ditz
Maliki Rejects US Demands He Step Aside, Path to Iraq Premiership Unclear
Former Iraqi Prime Minister Nouri al-Maliki’s candidacy to return to the position was meant to have been vetoed last month by President Trump, who denounced Maliki as “insane” and threatened to withhold all US support if he returned to office. There was talk of a Sunday ultimatum for him to step down. Monday morning, Maliki […]
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