Britain's Grid Operator Just Paid £1.4MM/Hour For Gas Power To Keep Lights On As Wind Slumps

Why Oil Markets Could Face A Generational Shock This Summer If US-Iran Talks Fail President Trump is signaling "make a good deal" or walk away with no deal at all. Overnight hostilities around the Hormuz maritime chokepoint highlight just how fragile the ceasefire remains as Washington and Tehran try to solidify a peace deal to end the conflict. The timing of a peace deal is very important because, as we have warned readers, a no-deal scenario would collide with a deteriorating oil-supply backdrop by summer, when global buffers and floating storage begin...

US Restricts Direct Return Of US Citizens From Congo Over Ebola Outbreak Non-citizens had already been prohibited from entering the United States within 21 days of being in Congo, Uganda, and South Sudan, and now, the Trump administration has begun using federal authority to bar U.S. citizens who have been in Congo from entering the United States until they spend at least three weeks in another country, an official said on July 14. The administration on Monday started using authorities under a transportation statute called Title 49 to place U.S. citizens who...

A Stunning Case In The Making? The Supreme Court Orders New York To Respond In Second Amendment Case Authored by Jonathan Turley, One of the cases that I have been following as we approach the October term of the Supreme Court is Calce v. New York, a case challenging New York's ban on stun guns. While it is important not to overplay the significance of the order, some justices clearly want to hear more on the case before deciding whether to grant a writ of certiorari for review. New York City...