Congressman Outraged After Brief Detention By Gun-Wielding Israeli Settlers In West Bank Visit

Hezbollah's Cheap Fiber Optic Drones A Growing, Deadly Problem For Israeli Troop Convoys Via The Cradle Hezbollah attacked the Israeli army with a fiber-optic drone in the Galilee on Thursday, injuring at least a dozen soldiers and destroying a military vehicle.  Israeli Army Radio reported that 12 soldiers were injured when the drone struck a military position in the Shomera settlement. Two soldiers were “moderately” injured while 10 sustained minor wounds, Army Radio added, also revealing that other soldiers may be transferred to the hospital later for anxiety and ringing in the ears. Source: Israeli...

Expect Electricity Prices To Rise Further, Analysts Warn By Robert Walton of UtilityDive, U.S. electricity prices have risen significantly in recent years, though “national trends mask stark differences” in state prices, according to an April 1 analysis by Lawrence Berkeley National Laboratory and The Brattle Group. Whether you take a “crisis” or “more nuanced view” of the increases - the analysis offers both - one thing is likely, according to the report: “Record levels of [investor-owned utility] rate increase requests & regulatory approvals suggest additional near-term price increases absent policy/market actions.” There were...

IEA Delivers No SPR Action After Extraordinary Meeting As Crude Jawboning Mania Enters Day Two Update (1514ET):  For a second straight day, G-7 leaders attempted to push crude prices lower with headlines about an "emergency meeting" to discuss a possible Strategic Petroleum Reserve (SPR) release aimed at containing Brent and WTI crude prices. However, by late afternoon in New York, the Financial Times reported that the International Energy Agency (IEA) had concluded the meeting without reaching a decision on a coordinated release of crude stockpiles. Today's slide in Brent and WTI was...