Rothbard vs. the Conservatives on the American and French Revolutions

"Doesn't Look Good": Explosion Rocks Major New Orleans-Area Refinery As Fuel Markets Tighten A fire broke out Friday afternoon at PBF Energy's Chalmette refinery outside New Orleans, according to the facility. Reuters cited people familiar with the incident who said the 190,000-barrel-per-day Chalmette refinery suffered an explosion on Friday afternoon. The explosion can be traced to a reformer heater used to convert refining byproducts into octane-boosting components added to unfinished gasoline to make premium and mid-grade fuel blends. The 190,000-barrel-per-day refinery is one of the major Gulf Coast refineries because it produces...

Toxic Wildfire Smoke Begins To Disrupt Local Economic Activity As GOP Senator Readies Canada Sanctions Bill Summary: Questions Swirl Whether Ecoterrorism May Have Accelerated Wildfires  Economic Activity Impacted in Some States  WaPo Warns Smoke Plume To Worsen  GOP Members Blast Canada Over Toxic Smoke; Sanction Bill Against Canada Set To Be Introduced   Toxic Smoke Plume Over Great Lakes, Ohio Valley, Mid-Atlantic, Northeast  Canada's Wildfire Management Failures Choke Millions Of Americans With Toxic Smoke The Washington Post's Capital Weather Gang reports that deteriorating air quality across the Great Lakes, Ohio Valley, Mid-Atlantic, and Northeast could be "as bad...

AI Capex Depreciation Risk Is The Catch To Record Earnings Authored by Lance Roberts via RealInvestmentAdvice.com, The second-quarter earnings season is in full swing. So far, the results are landing in line or better than the upwardly revised Wall Street estimates. That’s the opposite of how this usually works. Analysts normally trim their forecasts as a year wears on. In 2026, they’ve done the opposite. The S&P 500 is on track to grow earnings north of 20% for a second straight quarter. The earnings are real. However, a meaningful slice of...