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Crude Inventories Have Fallen To "Precariously Low" Levels
Crude Inventories Have Fallen To "Precariously Low" Levels
U.S. crude inventories fell sharply last week as refineries ramped up production to capitalize on higher fuel prices following renewed conflict with Iran, according to Financial Times.
Commercial crude stockpiles declined by 7.2 million barrels, while the Strategic Petroleum Reserve (SPR) dropped another 3.8 million barrels. Refineries operated at 97% of capacity nationwide, with some Midwest facilities running at full capacity as exports to Asia and Europe increased.
FT writes that the drawdown comes as renewed fighting between the U.S. and Iran continues to disrupt...
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Apr 16, 2026 / Tyler Durden
From Supply-Chain Risk To National Security Imperative: U.S. Government Embraces Anthropic's Mythos AI
From Supply-Chain Risk To National Security Imperative: U.S. Government Embraces Anthropic's Mythos AI
In a striking reversal that underscores the breakneck pace of the AI arms race, the White House has directed federal agencies to begin using Anthropic’s most dangerous new model - Claude Mythos - despite months of public friction between the Trump administration and the San Francisco-based AI company (read on to see how we reconcile this with the Pentagon's "supply-chain risk" designation).
The move, detailed in an internal Office of Management and Budget (OMB) memo circulated this week,...
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Jun 2, 2026 / Tyler Durden
Early Returns Show Surprises In California As Other States Wrap Up
Early Returns Show Surprises In California As Other States Wrap Up
Update (0030ET): Voters in six states went to the polls today for key primaries. While many races followed expectations, California delivered notable early drama with slow-counting mail ballots still to come.
California Governor (Top-Two Primary)
The race to replace term-limited Gov. Gavin Newsom remains the biggest story. In a crowded nonpartisan jungle primary, early returns (approx. 45-50% counted) show:
Steve Hilton (R) leading at ~26.7%
Xavier Becerra (D) close behind at ~25.8%
Tom Steyer (D) trailing at ~19.6%
Chad Bianco (R) is further back. If trends...
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Feb 23, 2026 / Tyler Durden
US Intel Aided Mexican Special Forces In "El Mencho" Kill As Spillover Risks Rise
US Intel Aided Mexican Special Forces In "El Mencho" Kill As Spillover Risks Rise
The Sunday killing of Nemesio "El Mencho" Oseguera Cervantes, the leader of Jalisco New Generation Cartel (CJNG), by Mexican security forces unleashed coordinated cartel retaliation attacks, driving rapid instability across Guadalajara (Jalisco's capital) and spilling into high-traffic resort areas, including Puerto Vallarta.
CNN reported that the US provided intelligence support to Mexican Army Special Forces, aided by aircraft and the National Guard's Immediate Reaction Force, during the operation to capture Oseguera. The operation, however, devolved into a...
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