US Data Centers To Burn More Natural Gas Than Most Nations

Professor Michael Hudson, in a recent discussion, takes issue with those who speak today of the “decline of the US hegemon.” A decline implies something goes up and down, Hudson says, but it always recovers. “But there’s never been any such thing statistically as a cycle … There’s no decline, it’s a crash” — We’re […]

Indian Refineries Run At Up To 108% Capacity On Soaring Diesel Demand India’s refineries have been running at an unprecedented 105% to 108% capacity utilization in the past six months as demand for diesel soars and international fuel markets tighten amid the ongoing Middle East crisis, OilPrice reports citing Reuters. Refinery capacity utilization in the world’s third-largest crude oil importer has been between 105% and 108% since the war began, a senior executive at Mangalore Refinery and Petrochemicals Limited (MRPL) said at the APPEC petroleum conference in Singapore on Wednesday.   “Most...

Kevin Plank's Unsellable Thoroughbred Race Farm Sees Another Deep Price Cut Under Armour CEO Kevin Plank has once again cut the asking price on his massive thoroughbred racing farm in northern Baltimore County, Maryland, as the historic farm - once owned by the Vanderbilt family - continues to sit on the market amid a series of deep price cuts. Plank has been winding down his sprawling real estate portfolio, offloading everything from multiple residential properties to a luxury hotel in Baltimore City in recent years. Among his crown jewels - alongside...