Article
Russia's Oil Windfall Vanishes As Urals Crashes To $42 A Barrel
Russia's Oil Windfall Vanishes As Urals Crashes To $42 A Barrel
By Charles Kennedy of OilPrice.com
Russian crude oil prices have fallen back to where they were before the Middle East war, with its flagship Urals averaging just $41.66 a barrel during the first three days of July.
The drop wipes out the revenue boost Moscow received from the conflict and pressures a federal budget that assumes oil prices of about $59 a barrel.
Urals had averaged more than $59 a barrel every month since March and climbed to $60.92 in June after...
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Apr 10, 2026 / Tyler Durden
Largest Winemaker In America Turns To Hard Liquor As Young People Drinking Less
Largest Winemaker In America Turns To Hard Liquor As Young People Drinking Less
E. & J. Gallo Winery, the largest wine producer in the United States and the world by volume, has completed a major pivot into hard liquor. The family-owned giant finalized its acquisition of iconic Kentucky bourbon brand Four Roses from Japan’s Kirin Holdings in a deal valued at up to $775 million. The move comes as the U.S. wine industry grapples with steep declines in sales and a generational shift away from traditional wine - especially among...
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May 23, 2026 / Tyler Durden
AI Content Is Swamping The Internet: How It Impacts Critical Thinking
AI Content Is Swamping The Internet: How It Impacts Critical Thinking
Authored by Autumn Spredemann via The Epoch Times (emphasis ours),
A never-ending flood of content generated by artificial intelligence is reshaping the internet and the way people engage with information faster than ever.
Illustration by The Epoch Times, Freepik
From news summaries to social media posts to academic research, the sheer volume of machine-assisted materials has been correlated with a spike in "cognitive offloading" - a phenomenon in which people outsource critical thinking and verification to automated systems.
A 2025 analysis of how...
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Feb 27, 2026 / Tyler Durden
DOE Closes Massive $26 Billion Loan For Southern Co.
DOE Closes Massive $26 Billion Loan For Southern Co.
Here comes more of those “Hundreds of Billions”
So much capital coming to this space next 3 years https://t.co/ZwTB0C2CUU
— zerohedge (@zerohedge) November 18, 2025
“These investments will support the extraordinary and transformative projected growth we're seeing across our company” Southern Chairman and CEO Chris Womack said. “These loans will help lower the cost of investments in our grid that will enhance reliability and resilience for the benefit of our customers”
Energy Secretary Chris Wright framed the deal as a direct fulfillment of the Trump...
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