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Feedstock Is Not Fuel: Why Venezuelan Crude Is No Near-Term Fix
Feedstock Is Not Fuel: Why Venezuelan Crude Is No Near-Term Fix
Authored by former CIA officer Larry Johnson
My friend, Karl Miller, is out with a great piece that exposes Trump’s claims about Venezuelan oil as a massive case of gaslighting. I am summarizing his piece, which is titled,“Venezuela Oil: The Physical Barrel and the Capital Bill,” because it is not publicly available via a link.
On August 27 2026, President Trump announced what he called the biggest oil deal in world history — a US-Venezuela agreement giving the United States majority...
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Jun 3, 2026 / Tyler Durden
US Govt. Lab Launches Advanced Battery Lab To Help Power Grid
US Govt. Lab Launches Advanced Battery Lab To Help Power Grid
Authored by Georgina Jedikovska via Interesting Engineering,
The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid.
PNNL's new prismatic cell line will allow researchers and industry partners to create, test and demonstrate real-world prismatic cells at an industrially relevant scale. (Andrea Starr/Pacific Northwest National Laboratory)
The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by...
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Jul 24, 2026 / Tyler Durden
EU Approves Biggest Russia Sanctions Yet After Holdout Greece Secured LNG Exemption
EU Approves Biggest Russia Sanctions Yet After Holdout Greece Secured LNG Exemption
What is there left to sanction and what is its effectiveness? Europe is boasting of no less that its 21st package of sanctions against Russia, approved by the EU on Thursday.
Apparently it has found plenty of entities still to sanction, as the compiled blacklisting is said to be the EU's largest in four years, targeting primarily financial and energy sectors. The bloc also agreed to freeze the Russian oil price cap at current levels for another year, alongside...
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Sep 16, 2026 / Tyler Durden
Two Robinhood Engineers Accused Of Making $50,000 By Front-Running Crypto Listings
Two Robinhood Engineers Accused Of Making $50,000 By Front-Running Crypto Listings
Federal prosecutors have accused two former Robinhood engineers of turning their access to the company’s crypto plans into personal trades, according to Bloomberg.
Hefu Chai, 36, and Huaisong Xiang, 30, are accused of learning in advance which digital assets Robinhood intended to add to its platform. Rather than simply keeping that information inside the company, prosecutors allege they positioned themselves in derivatives tied to those tokens before the news reached the public.
Bloomberg writes that the trades were placed through Hyperliquid,...
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