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Dies-aster: California Diesel Nears $10 A Gallon As Global Fuel Crisis Deepens
Dies-aster: California Diesel Nears $10 A Gallon As Global Fuel Crisis Deepens
New AAA data show US diesel prices reached a record $6.05 a gallon, signaling severe tightening in global refined-fuel markets.
The squeeze reflects converging pressures: damage to Russian refinery capacity and diesel export halts linked to the Russia-Ukraine war, ongoing disruption at Hormuz, expanding threats to Red Sea shipping, and renewed Chinese buying. Together, these developments threaten both fuel availability and the shipping routes needed to deliver supplies, with conditions appearing to worsen ahead of the Northern Hemisphere winter.
Patrick...
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May 4, 2026 / Tyler Durden
Pentagon Hails Two US Merchant Ships Safely Exiting Strait, As Iran Vows Attack On US Navy Entering Hormuz
Pentagon Hails Two US Merchant Ships Safely Exiting Strait, As Iran Vows Attack On US Navy Entering Hormuz
Summary
CENTCOM hails two US merchant ships exiting Hormuz Strait safely in "first step".
Iran insists Hormuz is under its control & says it targeted & struck a US Navy vessel, which the Pentagon/Central Command has denied.
Trump announced Sunday US will 'help free up' ships stuck in Hormuz Strait through Project Freedom.
Iran has in response issued a "redefined the control zone" in Strait of Hormuz.
Pakistan facilities good faith return of Iranian crew members of...
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Aug 19, 2026 / Tyler Durden
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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Sep 3, 2026 / Tyler Durden
COVID-19: The Great Forgetting
COVID-19: The Great Forgetting
Authored by John MacLeod via The Critic,
We have repressed the memories of the pandemic that changed all of our lives...
It is a little drawer in a cabinet by my bedside and I have not opened it in years. I have to steel myself to open it now. And, yes, they are all there yet in every variety - black, chequered, colourful.
The ear-looped face-coverings behind which I spluttered for two long years, tugging on and off as needs be, as we queued obediently outside supermarkets, danced on...
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