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WTI Holds Losses As SPR Drain Slows, Cushing Just Off 'Tank Bottoms'

WTI Holds Losses As SPR Drain Slows, Cushing Just Off 'Tank Bottoms' Oil extended its biggest quarterly drop since the pandemic this morning as traders monitored US-Iran peace talks and a market for real-world barrels that’s been in freefall. WTI is holding below $70 as US negotiators Jared Kushner and Steve Witkoff had positive discussions in Qatar and technical talks with Iran are moving ahead, a senior administration official said, while President Trump said the meeting was good. Crude has fallen in recent days as the warring parties continued discussions to reach a...
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Jul 28, 2026 / Tyler Durden
PG&E Says It Has 12.7 GW In Data Center Pipeline As It Courts Smaller Loads
PG&E Says It Has 12.7 GW In Data Center Pipeline As It Courts Smaller Loads By Emma Penrod of UtilityDive, Pacific Gas and Electric now counts 12.7 GW in its data center pipeline, of which 490 MW of projects have executed interconnection agreements and another 3.9 GW are in final engineering, company officials said Thursday during a second-quarter earnings call. The company’s data center pipeline has fluctuated over the past year, from 7.3 GW at the end of 2025 to 5.4 GW in the first quarter of 2026 as projects dropped...
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Jun 24, 2026 / Dave DeCamp
Trump Asks Congress for Additional $87.6 Billion, Mainly for Iran War
The White House sent a letter to Congress on Wednesday requesting an additional $87.6 billion in supplemental funding, with the vast majority going toward “costs incurred” by the US-Israeli war against Iran. The White House Office of Budget Management told House Speaker Mike Johnson (R-LA) that the nearly $70 billion earmarked for the Iran war […]
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Jun 17, 2026 / Tyler Durden
America At 250: Survey Finds Enduring Patriotism, Growing Anxiety
America At 250: Survey Finds Enduring Patriotism, Growing Anxiety Authored by Karlyn Bowman and Nicole Penn via RealClearPolitics, As we approach the nation's semiquincentennial celebrations, the American Enterprise Institute released a new public opinion survey exploring Americans' views about the nation's past and present. The survey is part of AEI's America at 250 initiative, and it expands on a survey conducted 30 years ago by the Public Agenda Foundation in NYC. Americans continue to endorse many of the ideals the founders championed, and they worry about their erosion. Nearly eight in 10...
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