Energy Secretary Wright Says Venezuela Could More Than Double Oil Production

Who is actually running the government? That is no longer a rhetorical question. As America’s war with Iran lurches from escalation to ceasefire to renewed threats of military force, Americans are being asked to trust that someone, somewhere, knows what they are doing. But who? This is the constitutional crisis hiding in plain sight. The […]

In addition to the regular lethal American and Israeli attacks on Iran, last week alone the Israeli military killed 13 Gazans and 13 Lebanese. Gaza is now 70% Israeli occupied, contrary to what was agreed upon in the ceasefire arrangement, as is much of south Lebanon. More than 1,000 Gazans have been murdered by Israel since the […]

Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater With mortgage rates still relatively low, despite a recent jump in interest rates, and a top-down push for affordability, Housing Starts for March soared while the more forward-looking Building Permits disappointed, unexpectedly plunged. Housing starts soared 10.8% MoM in March (far more than the -0.4% expected drop) while Permits plunged 10.8% MoM (and worse than the -0.4% decline expected)... This pushed the SAAR totals for Starts to 1.502 million, far above the 1.390 million expected, and the highest since Dec 2024,...