Citadel Eyes US Shale As Oil Trading Moves Closer To The Wellhead

Crude Slides On Report Saudis Could Restore Half Of East-West Pipeline Flows Within Days WTI futures fell to $101 a barrel around midday in New York after Bloomberg reported that Saudi Arabia could restore roughly half the East-West pipeline's capacity within days. The pipeline, a critical export route bypassing the Strait of Hormuz, has been shut since last week's drone attack. The outlet reported: State-run Saudi Aramco is working to bypass a damaged section on the route that will allow it to resume part of the pipeline's capacity, the person said, asking...

Maryland Protests Data Center Costs By Ethan Howland of UtilityDive A group of 80 Maryland state lawmakers are backing a complaint at the Federal Energy Regulatory Commission over the PJM Interconnection’s cost allocation for transmission lines that support data centers. Driven by the way PJM spreads transmission costs, Maryland ratepayers will pay $1.6 billion over the next decade for transmission projects that were approved in the grid operator’s last three regional transmission expansion plans that are designed to mainly serve out-of-state data centers, Maryland’s ratepayer advocate — the Office of People’s Counsel —...

The Socialist Monster Awakens Authored by Victor Davis Hanson via American Greatness, Who Caused Unaffordability? Fear about “affordability” supposedly fueled the new, strident socialism. Yet annual inflation during Biden’s four years averaged almost 5 percent. It peaked at over 9 percent, while prices for some key staples rose by 30 percent over his tenure—all to silence from the Left. (By contrast, annual inflation during Trump’s first term averaged 1.9 percent. In his second term, it averaged 2.6 percent in 2025—and may rise to 4.5 percent in 2026, given the war with Iran.) The socialists...