Diesel Hits New Record Above $6.50 As Export Ban Fears Mount, Gasoline Squeeze Looms

The Beautiful Great Game: Extra Time & Penalties By Michael Every of Rabobank Yesterday’s in-line US CPI report was the non-event its relative insignificance vs tumultuous domestic and global backdrops suggested it should be. Meanwhile, in the ‘Beautiful Great Game’, it’s extra time and penalties, medals and champagne for some, and tears for others. Iran remains defiant. Trump says he has “total control” of and “will keep” Hormuz. He’s hoping the UAE can shuttle vastly more refined product through Hormuz under the radar than it already is, as Axios flags, ‘Diesel desperation...

"Warning Signs Flashing Red": Ebola Outbreak Spreading Faster Than Response, Aid Group Says Authored by Zachary Stieber via The Epoch Times, The Ebola outbreak in Africa could become the deadliest in history because it is spreading faster than responders can deal with it, an aid group said on May 26. Officials failed to initially detect the outbreak due to a lack of testing sufficient to identify the Bundibugyo virus, a rarer type of virus that causes Ebola. The outbreak is centered in the Ituri province in the northeast of Congo, also known...

Hydrogen: Energy's Version Of Waiting For Godot Authored by James Varney via RealClearInvestigations, Elon Musk may consider hydrogen "mind-bogglingly stupid" as a power source for cars, but the derision of the world's most successful electric vehicle manufacturer has not stopped Washington from nursing dreams that hydrogen might become a big part of an envisioned clean new energy future. That dream came into focus three years ago at a time when the "climate crisis" dominated Washington's thinking. Praising the role hydrogen could play in a brave new energy world that was "sustainable and...