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US Gas Prices Cross Politically Sensitive $4 Level Closely Watched By Trump

US Gas Prices Cross Politically Sensitive $4 Level Closely Watched By Trump The U.S. national average for a gallon of regular 87-octane gasoline has climbed back above the politically sensitive $4 threshold as U.S. military forces and Tehran enter a ninth day of tit-for-tat strikes. This level is significant because it is where fuel costs begin to alter spending and driving behavior among working-poor households, while also weighing more broadly on consumer sentiment, making it a key pressure point closely watched by the Trump administration ahead of the midterm...
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Aug 6, 2026 / Tyler Durden
Senate Panel Holds Fauci In Contempt For Refusing To Answer Questions
Senate Panel Holds Fauci In Contempt For Refusing To Answer Questions Anthony Fauci has been held in contempt of Congress by the Homeland Security and Governmental Affairs Committee, after he repeatedly refused to answer lawmakers' questions about funding risky research to genetically manipulate bat coronavirus in Wuhan China, and his role in the ensuing lockdown quagmire that cratered the economy after he was put in charge of leading the COVID-19 response.  Oh, and they obtained a copy of his cell phone.  In an 8-5 vote brought by Committee Chairman Sen. Rand Paul (R-KY), the contempt vote seeks...
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Jun 23, 2026 / Tyler Durden
"This May Be Iran's First Misstep - And Proof Leverage Isn't Total"
"This May Be Iran's First Misstep - And Proof Leverage Isn't Total" Brent and WTI futures extended declines on Tuesday morning as momentum continued toward an end to the US-Iran conflict. The latest signs of de-escalation include a U.S. waiver allowing some crude and fuel sales from Iran, while Tehran said $12 billion in frozen funds had been released as part of ongoing talks with U.S. negotiators. Both sides have signaled progress so far this week, further eroding the war premium in crude markets as traders begin to price in...
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Apr 17, 2026 / Tyler Durden
World's First Six-Gen Bomber Completes Aerial Refueling Test Flight
World's First Six-Gen Bomber Completes Aerial Refueling Test Flight Northrop Grumman released new images of its B-21 Raider stealth bomber performing "more advanced stages of flight test" and "aerial refueling." Northrop Grumman’s B-21 Raider continues to demonstrate outstanding performance as the program moves into more advanced phases flight test, including aerial refueling. (Photo Credit: U.S. Air Force) The B-21 is the world's first sixth-generation aircraft and the "most advanced aircraft to take to the sky now has global reach," according to Northrop. The B-21 Raider conducts aerial refueling with a KC-135 Stratotanker,...
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