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"Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil
"Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil
Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can hold hundreds of millions of barrels, it would still become fragile once working stocks fell too low. Like blood pressure in the human body, the issue is circulation.
Then, approximately 4 weeks later, the bank followed up this analysis with some more math, explaining "Why Hormuz Will...
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Sep 10, 2026 / Tyler Durden
America's Next Military Contractors Could Be Hackers
America's Next Military Contractors Could Be Hackers
Washington may soon outsource part of its cyberwarfare operations to private companies, according to a new report from Bloomberg.
Language tucked into the Senate’s 2027 defense bill would create a pilot program allowing the Pentagon to hire outside cybersecurity firms to penetrate computer networks chosen by the US military. Contractors would operate under US Cyber Command and Pentagon supervision.
Bloomberg writes that the authority would initially be relatively narrow. Private operators could establish access to targeted networks, but the Senate language stops short of authorizing...
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Mar 8, 2026 / Tyler Durden
A 'War Of The Oil Refineries' Opens As Israel Bombs Key Tehran Sites, After Which Haifa Refinery Targeted
A 'War Of The Oil Refineries' Opens As Israel Bombs Key Tehran Sites, After Which Haifa Refinery Targeted
Update(1425): Is a tit-for-tat oil depot war opening? This could be the next phase of escalation, already in progress.
Iran's Islamic Revolutionary Guard Corps (IRGC) says it has struck Israel's Haifa refinery, framing the attack as direct retaliation for fresh Israeli strikes on energy infrastructure inside Iran.
The war of the oil refineries: Iran says it targeted tonight a refinery in Israel after an attack on its own refinery in Tehran.
The regional energy infrastructure is getting...
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Sep 22, 2026 / Tyler Durden
New York Is Hemorrhaging Young People To Philadelphia
New York Is Hemorrhaging Young People To Philadelphia
New York continues to attract ambitious young people, but apparently it’s also getting pretty good at showing them the door.
The metro area recorded the largest net loss of Gen Z residents in the country in 2024, with nearly 30,000 more young adults leaving than arriving, according to Census data analyzed by Redfin, according to the NY Post. Millennials were even more eager to pack up, producing a net outflow of almost 43,000 people ages 28 to 43.
The Post writes that a sizable...
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