Chapter 1: The Foundations of Liberal Policy

"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...

Russia Sends Over 1500 Missiles, Drones On Ukraine In 48 Hours After V-Day Ceasefire Soon on the heels of the successful 3-day and US-backed 'V-Day' ceasefire between Russia and Ukraine, Russian forces have unleashed several days of drone and missile barrages on Ukrainian cities, especially the capital. It seems the Kremlin is bent on 'payback' for several weeks of effective Ukrainian long-range drone attacks which have badly damaged several Russian oil refineries and energy sites. BBC reports Thursday that "At least seven people have been killed, including a 12-year-old girl, in...

Cuba Depletes Fuel As Blackouts Worsen, Putting Havana's Communists Under Pressure Ahead Of U.S. Talks Today's news cycle centers on President Donald Trump's summit and state banquet with Chinese President Xi Jinping, with early messaging from both sides pointing to a constructive first day. Once Trump concludes his China trip, if a peace deal emerges to de-escalate the Iran conflict - likely with Beijing leaning on Tehran to reopen the Hormuz chokepoint - the Trump administration's attention may quickly pivot to the next pressure point: Communist-controlled Cuba. As of mid-week,...