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The Case For Britain Backing Its North Sea Oil & Gas Industry
The Case For Britain Backing Its North Sea Oil & Gas Industry
Authored by David Whitehouse, chief executive of Offshore Energies UK, via City AM,
Jackdaw and Rosebank could strengthen UK energy security by increasing domestic oil and gas production while demand remains substantial.
The projects are expected to support billions of pounds of investment, thousands of jobs, and a broad UK offshore supply chain.
Continued North Sea production could reduce import dependence while preserving engineering skills and industrial capacity needed for offshore wind, hydrogen, and carbon capture.
Britain faces a simple choice. While we...
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Mar 25, 2026 / Tyler Durden
Artificial Intelligence, Real Misallocation
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Authored by Peter C. Earle, Ph.D,
Artificial intelligence may well be the most important technological development of the coming decade-and that is exactly why the current capital surge around it warrants skepticism. History is littered with transformative innovations that were nonetheless disastrously overbuilt and mispriced in their early phases. Austrian Business Cycle Theory was never a children’s story in which every boom ends with clowns, ashes, and worthless machinery; its real claim is subtler and nastier. When the price of time is falsified-when interest rates are pushed...
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Jun 4, 2026 / Dave DeCamp
House Blocks Bill Meant To End US Support for Israel’s War in Lebanon
The House on Thursday blocked a War Powers Resolution meant to end US support for Israel’s war in Lebanon, as Israel’s occupation and destruction campaign in southern Lebanon continues despite several ceasefire announcements. The bill, introduced by Rep. Rashida Tlaib (D-MI), failed in a vote of 92-324, with just one Republican — Rep. Thomas Massie […]
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Jun 9, 2026 / Tyler Durden
Futures Rise As Tech Rebound Extends While Oil Drops
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