Podcasts about Strategic Petroleum Reserve

Today, we detail U.S. plans to release 172 MMbbl from the Strategic Petroleum Reserve, examine how it compares with U.S. actions after the Russian invasion of Ukraine in 2022, and why the SPR could drop to levels not seen since the Reagan administration.

Roundup of the Week's Top Stories in Economics and FreedomChina has just 3 Months of OilBiggest Job Crash since CovidChina Slowest Growth in 35 yearsWhy the Strategic Petroleum Reserve is 1/3 EmptyRussia to Cut off Europe's GasRead the article "Russia to Cut off Europe's Gas" at https://www.profstonge.com/Visit our Sponsor: Monetary MetalsEarn 5% to 12% interest on your physical gold and silver, paid in physical gold and silver.Visit our Sponsor: CoinKiteProtect your Bitcoin with an Ultra-Secure Hardware WalletProfstonge WeeklyWeekly articles on economics and freedom and a monthly investment Watch ListDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show

Meet my friends, Clay Travis and Buck Sexton! If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts. Go Thank an Oil Man Clay and Buck open by discussing breaking developments in Iran, including the condition of Mojtaba Khamenei—nicknamed “Little Mo”—who is reportedly in a coma and severely injured following U.S. airstrikes. The hosts analyze how the Iranian leadership is under unprecedented pressure as air campaigns continue to dismantle military assets and target key regime figures. They also address escalating attacks on oil tankers in the Strait of Hormuz, the resulting volatility in global oil prices, and how President Trump is responding with aggressive measures, including tapping the Strategic Petroleum Reserve and coordinating releases of hundreds of millions of barrels internationally to stabilize markets. The conversation highlights the dramatic price swings of crude oil and examines how Iran is trying to weaponize oil shipping routes to trigger economic turmoil. The hosts then explore how American media outlets are selectively covering the surge in gas prices. Clay criticizes networks like CNN and MSNBC for ignoring declining fuel costs for more than a year but immediately amplifying short‑term price increases during the conflict. This flows into a broader media discussion about the differences between advertising‑driven outlets and subscription‑driven news models, with Clay noting that subscriber‑funded outlets—such as the New York Times—now cater to ideological expectations instead of broad audiences. Buck argues that Fox News at least acknowledges its editorial perspective, whereas CNN still pretends to be nonpartisan despite consistent ideological framing. Uncle Bill: "We'll Do It Live!" Clay and Buck welcome media icon Bill O’Reilly, who joins them to discuss his new long‑form interview program We’ll Do It Live! O’Reilly recounts the origins of the viral “We’ll do it live!” clip from his Inside Edition days and how it resurfaced years later as internet culture took off. After the lighthearted banter, the conversation shifts dramatically toward the unfolding Iran conflict. O’Reilly details the stakes of President Trump’s military campaign, emphasizing that U.S. strikes—coordinated with Israeli intelligence—have dismantled much of Iran’s offensive capability. He explains that the killing of top Iranian leadership and the crippling of Iran’s military infrastructure mark one of the most consequential U.S. operations in decades. But O’Reilly warns that global economic consequences, especially oil price volatility, remain the biggest wildcard, and that Trump’s political future hinges significantly on the success or failure of the campaign. The hosts ask O’Reilly what “victory” in Iran should look like, prompting him to outline a diplomatic off‑ramp: forcing Iran to abandon nuclear ambitions, curtail ballistic missile development, weaken the Revolutionary Guard, and end support for terrorism. He acknowledges that Iran often violates agreements but argues that overwhelming military pressure could eventually push the regime toward negotiation. O’Reilly also discusses the Save America Act and the Senate’s political obstacles, noting that although the bill won’t reach the 60 votes needed to advance, Democrats risk political backlash because voter‑ID requirements enjoy overwhelming national support. MO Sen. Eric Schmitt Senator Eric Schmitt of Missouri joined the program to discuss the Save America Act and the Senate’s procedural fight over election integrity, voter ID requirements, mail in balloting limits, and protections for women’s sports. Schmitt explains how a talking filibuster could force Democrats to publicly defend their opposition and outlines the legislative mechanics needed to bring the bill to the Senate floor. He then addresses the Democrats’ refusal to fund the Department of Homeland Security amid a surge in terror threats, arguing that their resistance to immigration enforcement and ICE operations has resulted in long TSA wait times, staffing shortages, and national security vulnerabilities just as Americans enter peak spring travel season. TX Sen. John Cornyn Senator John Cornyn of Texas discusses his May runoff against Ken Paxton and the potential impact of a Donald Trump endorsement in the race. Cornyn defends his record as a Trump aligned conservative, noting that he has voted with Trump more than 99 percent of the time and has played major roles in passing tax cuts, confirming Supreme Court justices, and securing federal reimbursement for Texas border security operations. He explains his evolving stance on the filibuster, arguing that the Save America Act is critical enough to justify a talking filibuster exception due to Democrats’ pattern of blocking legislation tied to national security and voter integrity. Cornyn also contrasts his electability with Paxton’s, asserting that he is the stronger candidate to defeat the Democrats’ far left challenger and to protect down ballot Republican seats in Texas. Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuckYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Oil prices are surging as the conflict in Iran intensifies. To ease the pain at the pump, President Trump is tapping into the Strategic Petroleum Reserve. Former Senior Economic Adviser Steve Moore joins The FOX Business Network's Gerri Willis to break down the administration's energy strategy and why he thinks we can see $2 gas in near future. Plus, the new GDP data showing a cooling U.S. economy.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Oil prices are surging as the conflict in Iran intensifies. To ease the pain at the pump, President Trump is tapping into the Strategic Petroleum Reserve. Former Senior Economic Adviser Steve Moore joins The FOX Business Network's Gerri Willis to break down the administration's energy strategy and why he thinks we can see $2 gas in near future. Plus, the new GDP data showing a cooling U.S. economy.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Iran War Update: Gas Goes Up, Missiles Go Boom, and Epstein Still Ain't Dead (Probably) On the Libservative podcast, Corey hosts with Bell while Dan is away, covering the ongoing Iran war, rising gas prices, and political fallout. They criticize Trump golfing while authorizing a major Strategic Petroleum Reserve release, compare it to Biden's 2022 release, and mock the recurring “short-term pain for long-term gain” messaging. They argue the U.S. is spending about $1B/day firing expensive missiles at cheap drones, warn the conflict could drag on (with a memo preparing through September 2026), and say the war is destabilizing alliances, including pulling Patriot/THAAD systems from South Korea. They discuss claims a U.S. tomahawk hit a school, broader history of U.S.-Iran tensions, cluster munitions hypocrisy, job losses and higher unemployment, and new Epstein guard cover-up allegations, then touch on special-election “blue wave” chatter and Trump targeting Thomas Massie. 00:00 Welcome to Libservative 01:12 Show topics and tech issues 03:01 Trump golfing and war optics 04:00 Oil reserves and gas prices 07:07 Short term pain montage 08:51 Drone math and war costs 11:58 Public support and goalposts 13:15 Religion and the war lens 17:49 School strike and deniability 21:35 How we got here since 1954 26:43 Regime change and mission creep 28:50 Cluster bombs and hypocrisy 30:11 Patriot systems and global spillover 37:05 THAAD moved from Korea to Israel 38:46 Two state solution and blowback fears 42:44 War of attrition and economic pain 45:18 Diplomacy bombed and summer outlook 47:19 Unit Party Blue Wave 48:55 War Spending Inflation 49:45 Silver Demand Explained 50:40 War Powers Backroom Deals 52:12 DHS Shutdown Surveillance 55:33 Draft Fears Kids Recruiters 59:20 Bases Alliances Munitions 01:03:03 Money Printing Homefront 01:06:23 Subsidies Supply Demand 01:12:39 MAGA No New Wars 01:14:16 Massey Ana Third Way 01:20:12 Jobs Report Economy Data 01:25:49 Epstein Guard Coverup 01:28:31 Midterms Special Elections 01:37:17 Final Thoughts Sign Off

Atlassian announced that it is letting about 10% of its workforce go today. Management said it was because AI is making the company more efficient, but we're wondering if there is more to it than that. Plus, some napkin math on the Strategic Petroleum Reserve release and Dollar General's most recent earnings Tyler Crowe, Matt Frankel, and Jon Quast discuss: - Altassian's Layoffs - The challenges facing SaaS companies in an age of efficiency - Assessing the impact of the SPR release and how it changes our investing approach - Dollar General's earnings and its ongoing turnaround project Companies discussed: TEAM, XYZ, DG, FIVE, WMT, TGT Host: Tyler Crowe Guests: Matt Frankel, Jon Quast Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

More than 30 countries have agreed to release 400 million barrels of oil from strategic reserves as the war-driven supply shock sends crude above $100 a barrel. U.S. Energy Secretary Chris Wright discusses America's plan to release 172 million barrels from the Strategic Petroleum Reserve, the effort to stabilize oil prices, and whether the U.S. Navy could help escort tankers through the Strait of Hormuz. Then, CNBC's Dan Murphy reports on Iran's escalating attacks on shipping and energy infrastructure across the Gulf. And, Defense Department CTO Emil Michael takes aim at Anthropic's AI models over concerns about ideology in military supply chains. Plus, Elon Musk unveils the new Tesla-xAI project “Macrohard,” and CNBC's Eamon Javers reports on the Trump administration's next tariff steps.   Sec. Chris Wright - 15:39 Emil Michael - 33:28   In this episode: Sec. Chris Wright, @SecretaryWright Eamon Javers, @EamonJavers Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A suspected attacker is dead after a vehicle reportedly packed with explosives rams into a synagogue in West Bloomfield, Michigan, which has a school & daycare center. A guard was injured, but no children or staff; A deadly shooting at Old Dominion University in Norfolk, Virginia is being investigated as an act of terrorism. The suspect has connections to ISIS; Iranian TV says the new Supreme Leader Mojtaba Khamenei in his first statement says the Strait of Hormuz will remain closed to oil tankers affiliated with the U.S. and Israel; Energy Secretary Christopher Wright talks about the release of the more than 170 million barrels of oil from the Strategic Petroleum Reserve to curb rising gas prices; Another Senate vote to end the Homeland Security Department shutdown fails, with Democrats still demanding reforms to federal immigration enforcement be attached and Republicans opposing that; Senate passes a bill to promote more affordable housing, but it differs from the House-passed version. We will talk with Reuters Congressional reporter Richard Cowan about what happens next (32); Senate Majority Leader John Thune (R-SD) says a bill to require proof of U.S. citizenship to vote will come up next week, and reports are the debate will be extensive, with late nights expected; Long-time Rep. James Clyburn (D-SC), former No. 3 in the House Democratic leadership, announces he will not retire, but run again this November; conversation with Supreme Court Justice Amy Coney Barrett; President Donald Trump & First Lady Melania Trump host a Women's History Month celebration at the White House; NASA gives an update on the Artemis II moon mission schedule. Learn more about your ad choices. Visit megaphone.fm/adchoices

with Brad Friedman & Desi Doyen

Iran's new supreme leader says the Strait of Hormuz must stay closed as the U.S. releases 172 million oil barrels from its strategic reserve. Kevin Green explains how continuing supply pressures will trickle into other commodities beyond crude oil. When it comes to refilling the Strategic Petroleum Reserve, KG talks about headwinds markets aren't taking into account. He adds that there will be long-term impacts across the global even if the Strait of Hormuz closure is short-lived.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

How game shows lie, President Trump has authorized the release of 172 million barrels from the U.S. Strategic Petroleum Reserve, Whoopie Goldberg's latest crazy theory, rumors say Britney Spears arrest could have been a set up, Jake Paul joins President Trump on stage at a rally in KY, and oil tankers are stuck in the Strait of Hormuz...

U.S. Central Command says Iran is losing air capability day by day, after releasing footage on Wednesday showing strikes on three Iranian aircraft. CENTCOM says U.S. forces aren't just defending against Iranian threats, but methodically dismantling them. President Trump adding that the U.S. is striking the Iranian regime ‘harder than virtually any country' has been hit in history, and it's not done yet.Tensions in the Strait of Hormuz are in the spotlight. The Trump administration is tapping into the Strategic Petroleum Reserve to ease rising gas prices amid the war with Iran. The Department of Energy announced 172 million barrels of oil will be released beginning next week. Energy Secretary Chris Wright says it will take approximately 120 days to deliver based on planned discharge rates.The Trump administration has launched new trade investigations under the ‘Trade Act.' Trade Representative Jamieson Greer said the probes will examine excess industrial capacity in 16 major trading partners. The investigations will determine whether foreign policies and practices are unfairly displacing U.S. manufacturing and restricting commerce. A second investigation will focus on imports produced with forced labor, targeting roughly 60 countries.

Our analysts Andrew Sheets and Martijn Rats discuss why a prolonged disruption of oil flow through the Strait of Hormuz would be unprecedented—and nearly impossible for the market to absorb.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Fixed Income Research at Morgan Stanley.Martijn Rats: I'm Martijn Rats, Head of Commodity Research at Morgan Stanley.Andrew Sheets: Today on the program we're going to talk about why investors everywhere are tracking ships through the Strait of Hormuz.It's Wednesday, March 11th at 2pm in London.Andrew Sheets: Martijn, the oil market, which is often volatile, has been historically volatile over the last couple of weeks following renewed military conflict between the United States and Iran.Now, there are a lot of different angles to this, but the oil market is really at the center of the market's focus on this conflict. And so, I think before we get into the specifics, I think it's helpful to set some context. How big is the global oil market and where does the Persian Gulf, the Strait of Hormuz fit within that global picture?Martijn Rats: Yeah, so the global oil consumption is a little bit more than a 100 million barrels a day. But that splits in two parts. There is a pipeline market and there is a seaborne market. And when it comes to prices, the seaborne market is really where it's at. If you're sitting in China, you're buying oil from the Middle East, all of a sudden, it's not available. Sure, if there is a pipeline that goes from Canada into the United States, that doesn't really help you all that much.Andrew Sheets: So, it's the oil on the ships that really matters.Martijn Rats: It's the oil on ships that is the flexible part of the market that we can redirect to where the oil is needed. And that is also the market where prices are formed. The seaborne market is in the order of 60 million barrels a day. So, only a subset of the 100 [million]. Now relative to that 60 million barrel a day, the Strait of Hormuz flows about 20 [million]. So, the Strait of Hormuz is responsible for about a third of seaborne supply, which is, of course, very large and therefore, you know, very critical to the system.Andrew Sheets: And I think an important thing we should also discuss here, which we were just discussing earlier today on another call, is – this is a market that could be quite sensitive to actually quite small disruptions in oil. So, can you give just some sense of sensitivity? I mean, in normal times, what sort of disruptions, in terms of barrels of oil, kind of, move markets; get investors' attention?Martijn Rats: Yeah, look, this is part of why this situation is so unusual, and oil analysts really sort of struggle with this. Look normally, at relative to the 100 million barrels a day of consumption, we care about supply demand imbalances of a couple of 100,000 barrels a day. That becomes interesting.If that, increases to say 1 million barrel a day, over- or undersupplied, you can expect prices to move. You can expect them to move by meaningful amounts. We can write research; the clients can trade. You have a tradable idea in front of you. When that becomes 2 to 3 million barrels a day, either side, you have major historical market moving events.So, in [20]08-09, oil famously fell from over 100 [million] down to something like 30 [million], on the basis that the oil market was 2-2.5 million barrel day oversupplied for two quarters. In 2022, we all thought – this actually never happened, but we all thought that Russia was going to lose about 3 million barrel day of supply. And on that basis, just on the basis of the expectation alone, Brent went to $130 per barrel. So, 2-3 [million] either side you have historically large moves. Now we're talking about 20 [million].Andrew Sheets: And I think that's what's so striking. I mean, again, I think investors, people listening to this, they can do that arithmetic too. If this is a market where 2 to 3 million barrels a day have caused some of the largest moves that we've seen in history, something that's 20 [million] is exceptional. And I think it's also fair to say this type of closure of the Strait [of Hormuz] is something we haven't seen before.Martijn Rats: No, which also made it very hard to forecast, by the way. Because the historical track records did not point in that direction, and yet here we are. The historical track record – look, you can look at other major disruptions historically.The largest disruption in the history of the oil market is the Suez Crisis in the mid-1950s that took away about 10 percent of global oil consumption. This is easily double that. So really unusual. If you look at supply and demand shocks of this order of magnitude, you can think about COVID. In April 2020, for one month, at the peak of COVID, when we're all sitting at home. Nobody driving, nobody flying. Yeah, we lost very briefly 20 million barrels a day of demand. Now we're losing 20 million barrels a day of supply. So, look, the sign is flipped, but it's in the same order of magnitude. And yeah, these are unusual events that you wouldn't actually, sort of, forecast them that easily. But that is what is in front of us at the moment.Andrew Sheets: So, I think the next kind of logical question is if shipping remains disrupted, and I'd love for you to talk a little bit about, you know, you're sitting there with satellite maps on your screen tracking shipping, which is – a development. But, you know, what are the options that are available in the region, maybe globally to temporarily balance this supply and create some offset?Martijn Rats: Yeah. So, like of course when we have a big disruption like this one, of course the market is going to try to solve for this. There are a few blocks that we can work with. I'll run you through them one by one, including some of the numbers. But very quickly you arrive at the conclusion that this is; this puzzle – we can't really solve it.Like in 2022, the market was very stressed. We thought Russia was going to lose 3 million barrels a day of supply, but we could move things around in our supply demand model. Russia oil goes to China and India. Oil that they buy, we can get in Europe, we can move stuff around to kind of sort of solve a puzzle.This puzzle is very, very difficult to solve. So, through the Strait of Hormuz, 15 million barrels a day have crude, 5 million barrels a day of refined product, 20 million barrels a day in total. What can we do?Well, the biggest offset, is arguably the Saudi EastWest pipeline. Saudi Arabia has a pipeline that effectively allows it to ship oil to the Red Sea at the Port of Yanbu, where it can be evacuated on tankers there. That pipeline has a capacity of 7 million barrels a day. We think it was probably already flowing at something like 3 million barrels a day. So, there's probably an incremental 4 [million] that can become available through that. That's the biggest block, that we can see of workaround capacity, so to say.After that the numbers do get smaller. The UAE has a pipeline that goes through Fujairah that's also beyond the Strait of Hormuz. We think there is maybe 0.5 million barrel a day of capacity there. Then you're basically, sort of, done within the region, and you have to look globally for other sources of oil.If there are sanctions relief, maybe on Russian oil, you can find a 0.5 million barrel day there. Here, there and everywhere. 100,000 barrels a day, 200,000 barrels a day. But the numbers get…Andrew Sheets: It's still not… So, if you kind of put all of those, you know, kind of, almost in a best-case scenario relative to the 20 million that's getting disrupted.Martijn Rats: If you add another one or two from a massive SPR release, the fastest release from SPR…Andrew Sheets: That's the Strategic Petroleum Reserve.Martijn Rats: Yeah, exactly. Earlier today, we got an announcement, that the IEA is proposing to release 400 million barrels from Strategic Reserve across its member countries. That is a very large number. But – and that is important. But more important is how fast can it flow because the extraction rate from these tanks is not infinite. The fastest ever rate of SPR release is only 1.3 million barrels a day. Now, maybe the circumstances are so extraordinary, we can do better than that and we can get it to 2 [million]. But beyond that, you're really in very, very uncharted territory.So maybe in the region, work around sanctions relief, SPR release, we can probably find like 7 million barrels a day out of a problem that is 20 [million]. You're left with another 13 [million]. The 13 [million] is four times what we thought Russia would lose. So, you're left with this conclusion: Look, this really needs to come to an end.Andrew Sheets: And the other rebalancing mechanism, which again, you know, when we come back to markets and forecasting, this is obviously price. And, you know, you talk about this idea of demand destruction, which I think we could paraphrase as – the price is higher so people use less of it and then you can rebalance the market that way.But give us just a little sense of, you know, as you and your team are sitting there modeling, how do you think about, kind of, the price of oil? Where it would need to go to – to potentially rebalance this the other way.Martijn Rats: Yeah, that price is very high. So, what it's a[n] really interesting analysis to do is to look at the historical frequency distribution of inflation adjusted oil prices.You take 20 years of oil prices. You convert it all in money of the day, adjusted for inflation, and then simply plot the frequency distribution. What you get is not one single bell curve centered around the middle with some variation around the midpoint. You get, sort of, two partially overlapping bell curves.There is a slightly larger one, which is, sort of, the normal regime. Lower prices, 60, 70, 80 bucks. There's a lot of density there in the frequency distribution, that's where we are normally. What's interesting is that actually, if you go from there to higher prices, there are prices that are actually very rare in inflation adjusted terms.Like a [$] 100-110. In nominal terms, we might feel that that has happened. In inflation adjusted terms, these prices are extremely rare. They are way rarer than prices that live even further to the right. [$]130, 140.The oil market has this other regime of these very high prices. If you go back in history, when did those prices prevail? They always prevailed in periods where we asked the same question. What is the demand destruction price? And yeah, to erode demand by a somewhat meaningful quantity, yeah, you end up in that regime. These very high prices, like [$]130. And it's… It's not a gradual scale. You sort of at one point shoot through these levels and that's where you then end up.Andrew Sheets: It's quite, quite serious stuff.Martijn Rats: Well, yeah. Also, because we can casually say in the oil market, ‘Oh, demand erosion has to be the answer.' But we don't erode demand in isolation. Like, you know, diesel is trucking. Yeah, jet is flying. NAFTA is petrochemicals.Andrew Sheets: These are real core parts of economic activity.Martijn Rats: It's all GDP.Andrew Sheets: So maybe Martijn, in conclusion, let me give you a slightly different scenario. Let's say that the conflict goes on for another couple of weeks, but then there is a resolution. Traffic goes back to normal. Walk us through a little bit of what that would mean. You know, kind of how long does it take to get back to normal in a market like this?Martijn Rats: Yeah. So, if you say, weeks, I would say that is an uncomfortable period of time actually.Andrew Sheets: Feel free to use a slightly different scenario.Martijn Rats: If you say days. Let's say next week something happens, the whole thing comes soon to end. Look, then we will have logistical supply chain issues. But look, we can work through that.There is at the moment somewhat of an air pocket in the global oil supply chain. There should be oil tankers on their way to refineries for arrival in April and May that currently are not. So, we will have hiccups and things need to be rerouted and we draw on some inventories here or there, but… And that will keep commodity prices tense, I would imagine. The equity market will probably look through it.We'll have a month or six weeks, not more than two months, I would imagine of logistical issues to sort out. Look, of course, if that, you know, doesn't happen, then we're back in the scenario that we discussed. But yeah, look, that that's equally true. If it's short, we can sort of live with a disruption.Andrew Sheets: It's fair to say that this is a situation where days really matter, where weeks make a big difference.Martijn Rats: Oh, totally. Look, the oil industry has built in various, sort of, compensatory measures, I think. You know, inventories along the supply chains. But nothing of the scale that can work with this. I mean, this is truly yet another order of magnitude.Andrew Sheets: Martijn, thank you for taking the time to talk.Martijn Rats: My pleasure.Andrew Sheets: And thank you as always for your time. If you find Thoughts on the Market useful, let us know by leaving review wherever you listen. And also tell a friend or colleague about us today.Important note regarding economic sanctions. This report references jurisdictions which may be the subject of economic sanctions. Readers are solely responsible for ensuring that their investment activities are carried out in compliance with applicable laws.

President Trump says he'll tap the Strategic Petroleum Reserve soon to bring gas prices down. Cleanup in Midwest states after severe weather while more is on the way. British government release more files concerning former U.S. Ambassador Peter Mandelson's relationship with Jeffrey Epstein. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

How is the war with Iran impacting global oil prices—and could the Strait of Hormuz trigger the next energy crisis? In this episode, Lisa sits down with former U.S. Energy Secretary Dan Brouillette to break down the extreme volatility in the oil markets, the risks facing global shipping, and how energy traders are trying to price uncertainty during a geopolitical conflict. Brouillette explains why oil prices surged from the mid-$70s to $120 in just hours, how the Trump administration’s proposed $20 billion tanker insurance backstop could stabilize shipments through the Strait of Hormuz, and why the Strategic Petroleum Reserve is at a dangerously low level. He also reflects on how deregulation during the Trump administration helped make the United States a net energy exporter and what that means for energy security today. The conversation also explores the global implications of bringing Venezuelan oil back into the market, China’s reliance on discounted energy, and how geopolitical shifts could reshape the world’s energy supply. Plus, Brouillette discusses the massive power demand coming from AI and data centers, why nuclear energy may be the key to meeting future electricity needs, and how cybersecurity and quantum computing could transform energy infrastructure. Topics covered include: Why oil prices are swinging wildly during the Iran conflict The strategic importance of the Strait of Hormuz Trump’s tanker insurance plan and global shipping risks The state of the U.S. Strategic Petroleum Reserve Energy independence and deregulation under the Trump administration Venezuelan oil and China’s discounted energy supply The massive energy demand from AI and data centers Why nuclear power could be critical for America’s energy future A must-listen for anyone following energy markets, geopolitics, oil prices, and the future of global energy security.See omnystudio.com/listener for privacy information.

Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this episode of The Wright Report, Bryan covers a new intelligence warning tied to the war with Iran, including mysterious shortwave radio broadcasts believed to be coded signals that could activate Iranian sleeper agents abroad.    He also breaks down the latest military developments, from the remaining Iranian missiles and drones threatening the Strait of Hormuz to the growing oil crisis as tankers remain stuck and global markets brace for shortages.    Finally, Bryan examines the economic and political fallout, including pressure on President Trump to release U.S. strategic oil reserves, new polling on the war's popularity, and signs the White House may be narrowing its war goals to stopping Iran's nuclear program as a possible off-ramp.    "And you shall know the truth, and the truth shall make you free." - John 8:32     Keywords: Iran war update, Iranian sleeper agents shortwave radio, Strait of Hormuz crisis, Iran missiles TEL launchers, global oil shock 2026, Strategic Petroleum Reserve debate, Trump Iran nuclear strategy, U.S. Iran conflict analysis, Bryan Dean Wright podcast, The Wright Report

How are these political hoors worth hundreds of millions of dollars?? PLUS, Michele Steeb, CEO of Free Up Foundation and author of Answers Behind the RED DOOR: Battling the Homeless Epidemic, tells Shaun that Obama finally admitted his failure in his homeless housing mandate as it drove homelessness up to the highest rate in history. And The Heritage Foundation's Dr. EJ Antoni discusses the bastardization of fuel as this would have been the perfect time to use our Strategic Petroleum Reserve that was drained by Biden in 2023.See omnystudio.com/listener for privacy information.

G7 finance ministers have said they're ready to take measures to support the global energy supply, after meeting to discuss the economic turmoil caused by the US-Israeli war against Iran. Oil prices eased back below 100 US dollars a barrel, after they indicated this could include the release of strategic reserves. But they're still about 40 percent up since the start of the war, which has halted most exports from the Gulf. Concerns about the impact on the global economy have caused stock markets to fall in America, Europe and Asia.Also in the programme: Reports that members of Iran's women's football team are seeking refuge in Australia - we'll hear from a former Iranian sportsman who fled the country; and how AI is predicting the risk of serious heart disease from breast cancer screenings.(File Photo: A maze of crude oil pipes and valves pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US. Credit: Reuters/Richard Carson/File Photo)

In Episode 545 of District of Conservation, Gabriella recaps her trip to Arizona and discusses the impact of US-Israel strikes on Iran and domestic energy prices. Tune in to learn more!SHOW NOTESUniversity of Arizona PicturesA Grand Arizona Time Out WestRefill the Strategic Petroleum Reserve now, before it's too lateStrategic Petroleum ReserveUnder Biden, U.S. oil reserves to drop by 40 percentBiden sold off nearly half the U.S. oil reserve. Is it ready for a crisis?Starmer's answer to Iran energy shock: Go green fasterAmerica's Natural-Gas Bounty Is Cushioning U.S. Markets From Global Shocks

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

National Economic Director Kevin Hassett says the White House has no plans to tap the Strategic Petroleum Reserve to bring down oil prices. He says the US nonfarm payrolls report for February, which showed a loss of 92,000 jobs, was an "outlier." He speaks to Jonathan Ferro.See omnystudio.com/listener for privacy information.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

President Trump announced on Monday that the U.S. would create a domestic stockpile of critical minerals for civilian use — essentially a Strategic Petroleum Reserve, but for lithium, copper, rare earths, and other rocks central to electronics and decarbonization.It's one of many experimental and unusual steps that the administration has taken to boost U.S. mineral production over the past 13 months. But are any of those plans working? What could improve — and what does any of this mean for clean energy?On this week's Shift Key, we talk to someone who saw these policies up close. From 2023 to 2025, Nathaniel Horadam worked on electric vehicle and mineral policy at the Department of Energy's Loan Programs Office, eventually overseeing the office's critical mineral portfolio last year. The office is the department's in-house bank (it's since been rechristened the Energy Dominance Financing Office) and it runs some of the federal government's most ambitious industrial policy.Horadam is now founder and president of Full Tilt Strategies, LLC, and he writes about mineral issues for his Tailings substack. He joins us to discuss what's working, what's not working, and what needs to improve. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University. Jesse is off this week.Mentioned:Final 2025 List of Critical MineralsReuters: US moves away from critical mineral price floors“What exactly are ‘Critical Minerals'?,” by Nathaniel HoradamThe Secure Minerals Act, by Senators Todd Young and Jeanne ShaheenThe Pentagon's Rare Earths Deal Is Making Former Biden Officials Jealous--This episode of Shift Key is sponsored by ...Accelerate your clean energy career with Yale's online certificate programs. Explore the 10-month Financing and Deploying Clean Energy program or the 5-month Clean and Equitable Energy Development program. Use referral code HeatMap26 and get your application in by the priority deadline for $500 off tuition to one of Yale's online certificate programs in clean energy. Learn more at cbey.yale.edu/online-learning-opportunities.Music for Shift Key is by Adam Kromelow. Hosted on Acast. See acast.com/privacy for more information.

MacroVoices Erik Townsend & Patrick Ceresna welcome, Rory Johnston. They will discuss all things crude oil, starting with the Venezuela news and what it means for markets, then moving on to Iran, the U.S. Strategic Petroleum Reserve, and much more https://bit.ly/4qnVjQs    

Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Wednesday Headline Brief of The Wright Report, Bryan exposes a stunning Secret Service breach that put Vice President JD Vance and President Trump at risk, explains why emerging weapons like bioweapons and directed energy systems are reshaping warfare, and tracks escalating political and legal clashes tied to immigration enforcement, Venezuela, Greenland, China, and Iran. Secret Service Scandal Puts Leaders at Risk: An undercover sting revealed that Secret Service agent Tomas Escotto shared highly sensitive security details about Vice President JD Vance and President Trump, including movement patterns and advance travel plans. Bryan explains how such pattern of life leaks are exactly how foreign intelligence services plan assassinations and warns that internal ideological bias inside protective services now poses a grave national security threat. New Weapons That Change Everything: Secretary of War Pete Hegseth publicly warned that future military dominance will hinge on hypersonic missiles, long-range drones, space systems, biotechnologies, and directed energy weapons. Bryan breaks down why targeted bioweapons and portable energy weapons are no longer science fiction, how they may already have been used in Venezuela, and why cartels or hostile states gaining access would be catastrophic. SPR and Venezuelan Oil Strategy: Congress and the White House are considering how to use Venezuelan oil now under U.S. control to refill the Strategic Petroleum Reserve. Because the oil is heavy and high in sulfur, officials may sell it on the open market and purchase more suitable crude instead, turning Venezuela's resources into strategic leverage. Minnesota Protests Turn Organized and Political: Far left activists continue coordinated attacks on ICE officers in Minneapolis, with media outlets downplaying the political funding and organization behind the protests. Bryan explains why lawsuits by Minnesota officials to block federal immigration enforcement are political theater designed to energize the Abolish ICE movement, not serious legal efforts. Trump Moves Against Sanctuary Policies and Fraud: President Trump warned that federal funding will be cut off to sanctuary jurisdictions within ninety days unless they comply with immigration law. He also announced plans to revoke citizenship obtained through fraud nationwide, with Treasury Secretary Scott Bessent confirming investigations are underway in all fifty states. Greenland Becomes a Spy Battlefield: As U.S., Danish, Chinese, and Russian interests collide over Greenland, Bryan answers a listener question on CIA operations there. He explains how U.S. intelligence identifies motivations, recruits sources, and counters Russian and Chinese influence as all sides quietly prepare for long term control of the Arctic. Global Power Plays Intensify: The Pentagon is repositioning naval assets near Venezuela while courts battle over deportations. Trump is quietly seeking seizure warrants for Russian-flagged ghost fleet tankers to squeeze Moscow and Tehran. Meanwhile, new assessments warn China could neutralize the U.S. Navy around Taiwan by mass-producing hypersonic missiles faster than America can replace them. Iran and Argentina Close the Episode: Iran's protest death toll may exceed twenty thousand as Trump weighs military action despite regional warnings. Bryan closes with rare good news as Argentina repaid a $2.5 billion U.S. loan with interest, bolstering President Javier Milei's reforms and delivering a win for American taxpayers.   "And you shall know the truth, and the truth shall make you free." - John 8:32     Keywords: January 14 2026 Wright Report, Secret Service breach JD Vance, Tomas Escotto sting operation, Pete Hegseth new weapons warning, bioweapons directed energy systems, Strategic Petroleum Reserve Venezuelan oil, Minneapolis ICE protests Abolish ICE, sanctuary city funding cutoff, citizenship revocation fraud, CIA operations Greenland Arctic, China hypersonic missile threat Taiwan, Iran protest death toll Trump decision, Argentina Milei loan repayment

Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this episode of The Wright Report, Bryan delivers a sweeping analysis of the national and global fallout from President Trump's decision to capture Nicolás Maduro. From Minneapolis to Caracas, and from Mexico to Greenland, Bryan explains how one operation is reshaping immigration policy, energy markets, global power dynamics, and America's definition of strength. ICE Launches Largest Immigration Operation in U.S. History: DHS Secretary Kristi Noem confirmed a massive surge of ICE officers into Minneapolis, with Venezuelans, Somalis, and other migrant groups now prioritized for removal. With Maduro no longer in power, the administration says it is safe for Venezuelans to return home. Minnesota Governor Tim Walz condemned the operation, calling it unprecedented, as Temporary Protected Status, asylum cases, and green card applications are frozen or revoked. Trump Strikes a Massive Oil Deal with Venezuela: Negotiations with Venezuela's new Marxist leadership produced a deal transferring thirty to fifty million barrels of oil to U.S. control, valued at up to two point eight billion dollars. The oil will help refill the Strategic Petroleum Reserve and stabilize global markets. U.S. oil companies are now being pushed to rehabilitate Venezuela's collapsed energy sector, potentially with taxpayer support, despite concerns about security and long term stability. Stability Over Democracy in Caracas: The White House decided it cannot yet work with opposition leaders like María Corina Machado or Edmundo González. Instead, Trump is temporarily backing remnants of the Maduro regime to maintain order and secure oil and mineral flows. Power struggles inside Venezuela have already turned violent, with armed gangs, checkpoints, and internal purges spreading fear among civilians. Global Strategy Tied to Oil and Power: Trump's plan aims to flood global markets with Venezuelan oil to pressure Canada, undercut Russia's finances, and entice India away from Russian energy. Bryan explains how this strategy could weaken Vladimir Putin's war funding and force movement toward a Ukraine peace deal. Shockwaves Across Mexico, Cuba, and Greenland: Mexican leaders fear they could be next as Trump escalates cartel strikes and pressures Mexico to cut oil shipments to Cuba. Cuban leaders face collapse without Venezuelan and Mexican energy. Meanwhile, Trump renewed warnings that military force remains an option to secure Greenland, citing the threat posed by China and Russia. European leaders are furious but largely powerless to stop him. A Message to China and the World: Trump warned Venezuela's remaining leaders to sever ties with China, Russia, Cuba, and Iran or face removal. Reuters reports Interior Minister Diosdado Cabello is now under direct U.S. threat. Bryan argues the broader message is clear. Trump is no longer bluffing, and assumptions that he is all bark and no bite are collapsing worldwide. Analysis and Warning: Bryan cautions that while Trump may manage Venezuela in the short term, the strategy carries serious risks. China, Brazil, or Colombia could destabilize the country through proxies or sabotage. He suggests Trump may seek a grand bargain with Beijing, trading U.S. restraint in Asia for Chinese withdrawal from the Western Hemisphere. The Political Lesson: Senator Chris Murphy admitted this week that Trump must now be taken seriously. Bryan closes by arguing that Trump is reordering global power at age seventy-nine because he believes the country is nearing collapse and this is America's last chance to reset its trajectory.   "And you shall know the truth, and the truth shall make you free." - John 8:32     Keywords: January 7 2026 Wright Report, ICE Minneapolis surge Venezuelans, Kristi Noem Todd Lyons deportations, Trump Venezuela oil deal Strategic Petroleum Reserve, Maduro regime remnants power struggle, global oil strategy Canada Russia India, Mexico cartel pressure Cuba collapse, Greenland military option Trump, China warning Venezuela Cabello, Trump global power reset

The Democrat Party is a party of organized crime. PLUS, Michele Steeb, author of Answers Behind the RED DOOR: Battling the Homeless Epidemic and Visiting Fellow with the Discovery Institute's Fix Homelessness Initiative, tells Shaun about a new bombshell report, Infiltrated: The Ideological Capture of Homelessness Advocacy, that exposes the Homelessness Industrial Complex and follows where the money is really going - radical political agendas. Drill, baby, drill! Gregory Wrightstone, executive director of the CO2 Coalition, tells Shaun how Trump is driving down oil prices through drilling compared to Biden taking it from the Strategic Petroleum Reserve (and points out that no hurricanes have hit Florida since Trump renamed the Gulf of America)! See omnystudio.com/listener for privacy information.

In this episode of Energy Newsbeat Daily Standup, Stuart Turley covers escalating global energy tensions as the EU's climate directives trigger backlash from major LNG suppliers like the U.S. and Qatar, warning of trade disruptions. He discusses possible sabotage at refineries in Hungary and Romania, critiques the costly ERCOT grid expansion in Texas, slams Gavin Newsom's wildfire fund access law as corruption, and highlights how sanctions on Russian oil are backfiring. Turley also praises U.S. Energy Secretary Chris Wright for refilling the Strategic Petroleum Reserve and previews rising LNG trading volumes via aBAX Technologies. A jam-packed episode linking policy, energy, and geopolitics. Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn:https://www.linkedin.com/in/stuturley/ andTwitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... andTwitter: https://twitter.com/mtanner_1 Timestamps: 00:00 - Intro00:16 - EU's Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats02:23 - U.S. Energy Secretary and Qatari Energy Minister Send Letter to EU Regarding Proposed Corporate Climate Regulations04:17 - Recent Attacks on Energy Infrastructure in Hungary and Romania – Who did it is a huge question06:35 - The Permian Basin Reliability Plan will cost every customer in the ERCOT region.10:22 - Gavin Newsom Signs Bill Allowing California Utility Companies to Draw Funding from State Wildfire Fund12:40 - Russian Oil Keeps Flowing: “Sanctions Don't Work as Intended”- Irina Slav17:19 - The US Needs to Restock the Strategic Oil Reserve – This would save money and jobs in the long run.19:09 - Abaxx Confirms Growing Trading Activity in its North Pacific-Asia and US Gulf of Mexico LNG Futures20:47 - Outro Links to articles discussed: EU's Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade ThreatsU.S. Energy Secretary and Qatari Energy Minister Send Letter to EU Regarding Proposed Corporate Climate RegulationsRecent Attacks on Energy Infrastructure in Hungary and Romania – Who did it is a huge questionThe Permian Basin Reliability Plan will cost every customer in the ERCOT region.Gavin Newsom Signs Bill Allowing California Utility Companies to Draw Funding from State Wildfire FundRussian Oil Keeps Flowing: “Sanctions Don't Work as Intended”- Irina SlavThe US Needs to Restock the Strategic Oil Reserve – This would save money and jobs in the long run.Abaxx Confirms Growing Trading Activity in its North Pacific-Asia and US Gulf of Mexico LNG Futures

HEADLINE: US Response to China's Rare Earth Threat and Stockpiling GUEST NAMES: Victoria Coates, Gordon Chang SUMMARY: China injected the rare earths threat into trade talks, a serious move given they supply 70% of US needs and US stockpiles are low. President Trump responded with 100% tariffs but later sought an off-ramp. Experts stress the urgent need for the US to develop a domestic supply and a national stockpile, similar to the Strategic Petroleum Reserve, to counter future Chinese blackmail. 1942

CBS EYE ON THE WORLD WITH JOHN BATCHELOR THE SHOW BEGINS IN THE DOUBTS ABOUT THE DISARMING OF HAMAS... 10-13-25 FIRST HOUR 9-915 HEADLINE: Escalating Border Conflict Between Pakistan and Afghanistan GUEST NAMES: Bill Roggio, Husain Haqqani SUMMARY: A major border conflict has erupted between Pakistan and Afghanistan, resulting in significant casualties and air strikes. The tension is rooted in the Afghan Taliban supporting the Pakistani Taliban (TTP) and historical issues over the Durand Line. Pakistan views the Afghan Taliban as ungrateful clients, threatening Pakistan's stability. 915-930 HEADLINE: Escalating Border Conflict Between Pakistan and Afghanistan GUEST NAMES: Bill Roggio, Husain Haqqani SUMMARY: A major border conflict has erupted between Pakistan and Afghanistan, resulting in significant casualties and air strikes. The tension is rooted in the Afghan Taliban supporting the Pakistani Taliban (TTP) and historical issues over the Durand Line. Pakistan views the Afghan Taliban as ungrateful clients, threatening Pakistan's stability. 930-945 HEADLINE: Iran's Isolation and Weakening "Axis of Resistance" Post-Gaza Ceasefire GUEST NAMES: Janatyn Sayeh, Bill Roggio SUMMARY: Tehran is in a tough spot concerning the Gaza ceasefire because stability does not work in its favor, contradicting its strategy of regional destabilization. Iran skipped the Cairo peace summit, demonstrating its isolated diplomatic position. Experts note that the Iranian-led "axis of resistance" (including Hezbollah and Iraqi PMF factions) is severely weakened due to sanctions and cash flow reductions. 945-1000 HEADLINE: Iran's Isolation and Weakening "Axis of Resistance" Post-Gaza Ceasefire GUEST NAMES: Janatyn Sayeh, Bill Roggio SUMMARY: Tehran is in a tough spot concerning the Gaza ceasefire because stability does not work in its favor, contradicting its strategy of regional destabilization. Iran skipped the Cairo peace summit, demonstrating its isolated diplomatic position. Experts note that the Iranian-led "axis of resistance" (including Hezbollah and Iraqi PMF factions) is severely weakened due to sanctions and cash flow reductions. SECOND HOUR 10-1015 HEADLINE: US Intelligence, Tomahawks, and Escalation in the Ukraine War GUEST NAMES: John Hardie, Bill Roggio SUMMARY: The US is considering providing Ukraine with long-range Tomahawk missiles, potentially facilitating strikes on Russian energy nodes using US intelligence. While Russia warns of escalation, experts believe their response will likely be strengthening air defense rather than direct conflict with NATO. Ukrainian officials are urgently seeking air defense systems due to increasing Russian missile and drone production. 1015-1030 HEADLINE: US Intelligence, Tomahawks, and Escalation in the Ukraine War GUEST NAMES: John Hardie, Bill Roggio SUMMARY: The US is considering providing Ukraine with long-range Tomahawk missiles, potentially facilitating strikes on Russian energy nodes using US intelligence. While Russia warns of escalation, experts believe their response will likely be strengthening air defense rather than direct conflict with NATO. Ukrainian officials are urgently seeking air defense systems due to increasing Russian missile and drone production. 1030-1045 HEADLINE: US Response to China's Rare Earth Threat and Stockpiling GUEST NAMES: Victoria Coates, Gordon Chang SUMMARY: China injected the rare earths threat into trade talks, a serious move given they supply 70% of US needs and US stockpiles are low. President Trump responded with 100% tariffs but later sought an off-ramp. Experts stress the urgent need for the US to develop a domestic supply and a national stockpile, similar to the Strategic Petroleum Reserve, to counter future Chinese blackmail. 1045-1100 HEADLINE: China's Desperate Rare Earth Export Curbs and Economic Collapse GUEST NAMES: Alan Tonelson, Gordon Chang SUMMARY: China's sweeping curbs on rare earth exports are described as a desperate "hail mary" heave, risking severe economic damage, particularly given the collapse of its property bubble and external pressures. Experts agree China is undergoing a major deflationary spiral, and this move ironically contradicts the globalization from which it prospered. THIRD HOUR 1100-1115 HEADLINE: China's Aggressive Ramming Policy in the South China Sea GUEST NAMES: Captain James Fanell, Gordon Chang SUMMARY: The purposeful ramming of a Philippine Bureau of Fisheries vessel by a massive Chinese Coast Guard cutter is part of a consistent CCP strategy to claim total control over the South China Sea. Experts warn that this aggressive pattern will continue unless the US takes stronger action, such as having Navy and Coast Guard vessels escort Filipino ships, bolstering support for its treaty ally. 1115-1130 HEADLINE: China's Aggressive Ramming Policy in the South China Sea GUEST NAMES: Captain James Fanell, Gordon Chang SUMMARY: The purposeful ramming of a Philippine Bureau of Fisheries vessel by a massive Chinese Coast Guard cutter is part of a consistent CCP strategy to claim total control over the South China Sea. Experts warn that this aggressive pattern will continue unless the US takes stronger action, such as having Navy and Coast Guard vessels escort Filipino ships, bolstering support for its treaty ally. 1130-1145 HEADLINE: Analysis of Political Speech and "Dark Passions" in American Politics GUEST NAME: Peter Berkowitz SUMMARY: Peter Berkowitz discusses William Galston's book on "dark passions" (anger, fear, domination), asserting that President Biden's rhetoric characterizing MAGA Republicans as a threat exemplifies this concept. Galston views Donald Trump as a new kind of politician who aggressively appeals to these passions. The current spiral of rhetorical extremism and lawfare destabilizes American politics; restoring civic education is recommended to combat this. 1145-1200 HEADLINE: Analysis of Political Speech and "Dark Passions" in American Politics GUEST NAME: Peter Berkowitz SUMMARY: Peter Berkowitz discusses William Galston's book on "dark passions" (anger, fear, domination), asserting that President Biden's rhetoric characterizing MAGA Republicans as a threat exemplifies this concept. Galston views Donald Trump as a new kind of politician who aggressively appeals to these passions. The current spiral of rhetorical extremism and lawfare destabilizes American politics; restoring civic education is recommended to combat this. FOURTH HOUR 12-1215 HEADLINE: Critical Analysis of the Gaza Hostage Exchange and Path to Peace GUEST NAME: John Bolton SUMMARY: The Gaza hostage exchange deal is criticized for lacking a path to the necessary Hamas disarmament, raising doubts about the plan's next stages. The release of 2,000 Palestinian prisoners, many hardened by prison, significantly boosts radicalism. Iran, responsible for arming Hamas, is likely to continue supporting terrorist proxies if it revives its nuclear program. 1215-1230 HEADLINE: The Houthis: Status of Attacks and Ideology GUEST NAMES: Bridget Toomey, Bill Roggio SUMMARY: Houthi attacks on Israel and the Red Sea have recently quieted down, with their leader instructing a temporary cessation following the Gaza ceasefire. The group, whose motto includes "Death to America, Death to Israel," maintains an ideological commitment to fighting Israel long term. They act independently of Arab countries, focusing instead on their own interests and those of Iran. 1230-1245 HEADLINE: Venezuelan Opposition Leader María Corina Machado and the Future of Venezuela GUEST NAMES: Ernesto Araújo, Alejandro Peña Esclusa SUMMARY: Venezuelan opposition leader María Corina Machado received the Nobel Peace Prize for her courage against the dictatorship, inspiring Latin America. She believes liberation requires US military support against the powerful drug cartel regime. After Maduro leaves, $1.7 trillion in investment is needed, along with food and medicine, to reconstruct the nation suffering the largest Latin American humanitarian crisis. 1245-100 AM HEADLINE: Venezuelan Opposition Leader María Corina Machado and the Future of Venezuela GUEST NAMES: Ernesto Araújo, Alejandro Peña Esclusa SUMMARY: Venezuelan opposition leader María Corina Machado received the Nobel Peace Prize for her courage against the dictatorship, inspiring Latin America. She believes liberation requires US military support against the powerful drug cartel regime. After Maduro leaves, $1.7 trillion in investment is needed, along with food and medicine, to reconstruct the nation suffering the largest Latin American humanitarian crisis.V

In this episode of the Energy Newsbeat Daily Standup,Stuart Turley and Michael Tanner discuss the surge in Russian crude prices ahead of new U.S. sanctions, highlighting the U.S. strategy on Russia and AI's growing influence on grid reliability. They also cover Trump's upcoming speech on AI and energy policy, the implications of U.S. tariffs, and Russia's crude exports. The conversation touches on the potential impact of global oil consumption trends, the challenge of "peak oil," and the latest developments in the energy sector, including ExxonMobil borrowing crude from the Strategic Petroleum Reserve due to quality issues.Highlights of the Podcast 00:00 - Intro00:15 - Trump to Outline AI Priorities in Speech Next Week: Implications for Energy and Grid Reliability03:50 - Trump's “Major Statement” On Russia Is A Clumsy Attempt To Thread The Needle06:43 - Russia Crude Shipments Gain Ahead of Trump's Sanctions Threat07:37 - Peak Oil Not on the Horizon, as Global Oil Consumption Reaches an All-Time High12:46 - Market Updates14:56 - ExxonMobil Borrows from SPR Due to Crude Quality Issue17:19 - OutroPlease see the links below or articles that we discuss in the podcast.Trump to Outline AI Priorities in Speech Next Week: Implications for Energy and Grid ReliabilityTrump's “Major Statement” On Russia Is A Clumsy Attempt To Thread The NeedleRussia Crude Shipments Gain Ahead of Trump's Sanctions ThreatPeak Oil Not on the Horizon, as Global Oil Consumption Reaches an All-Time HighExxonMobil Borrows from SPR Due to Crude Quality IssueFollow Michael On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas InvestingNeed Power For Your Data Center, Hospital, or Business?– Get in Contact With The Show –

US Energy Secretary Chris Wright says the US is considering creative ways to refill the nation’s depleted Strategic Petroleum Reserve as it plans to start slowly refilling the massive oil cache. He spoke to Bloomberg's Tyler KendallSee omnystudio.com/listener for privacy information.

My guest today is Daniel Dicker, a seasoned oil trader, former floor broker at the NYMEX, and well-known expert on energy markets. Over a three-decade career, Daniel has seen the full arc of oil's role in financial markets—from a bellwether commodity to a sidelined input. In this conversation, we explore why oil has fallen off the radar for many investors, and what signs might bring it roaring back. We also discuss why renewables aren't ready, how nuclear fits in, and the unexpected reasons he might start buying oil again. Please enjoy this conversation with Daniel Dicker. For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Making Markets (00:00:43) The Changing Role of Oil in the Economy (00:01:56) Financialization and Speculation in Oil Markets (00:04:55) Impact of Renewables and ESG on Oil (00:07:01) Government Policies and Oil Prices (00:14:45) Strategic Petroleum Reserve and Market Manipulation (00:17:38) Recession Risks and Corporate Earnings (00:23:35) Media Coverage of Commodities (00:24:36) Investment Strategies in Energy (00:25:19) Oil Market Dynamics and Bankruptcies (00:26:46) Buffett's Investment in Occidental (00:28:28) Renewable Energy and Carbon Capture (00:30:37) Nuclear Energy Investments (00:37:27) Geopolitics and Oil Supply (00:39:47) OPEC's Challenges and Strategies (00:42:46) Future of Oil Prices Learn more about your ad choices. Visit megaphone.fm/adchoices

How can we reshape the American economy? Zachary and Emma speak with Chris Hughes, Facebook co-founder, Chair of the Economic Security Project, and author of “Marketcrafters: The 100-Year Struggle to Shape the American Economy.” Chris discusses the differences between marketcraft and Trump's tariffs, how marketcraft has succeeded with antitrust and anti-monopoly laws, and historical examples involving marketcraft, including the Strategic Petroleum Reserve and the CHIPS and Science Act. What Could Go Right? is produced by The Progress Network and The Podglomerate. For transcripts, to join the newsletter, and for more information, visit: theprogressnetwork.org Watch the podcast on YouTube: ⁠⁠https://www.youtube.com/theprogressnetwork⁠⁠ And follow us on X, Instagram, Facebook, TikTok: @progressntwrk Learn more about your ad choices. Visit megaphone.fm/adchoices

Should private equity be allowed in your 401(k)? 70 million Americans have roughly $12 trillion in retirement accounts and the high fee private equity firms want a piece of that. Private equity comes with higher risk than traditional stocks and bonds that are found in retirement accounts. The big difference with private equity is they are generally illiquid investments in companies that are too small or risky to issue publicly traded shares. The businesses they invest in don't issue quarterly reports on earnings and the valuations can at best be called questionable. It should be noted that private funds can tie up investors' money for years and may give you some type of loose valuation of what your investment is worth. The fees that these funds charge is around 2 1/2%, which is well above the average fund of a half percent or so in current 401(k)s. Private equity tries to claim their investments far outperform the stock and bond markets, but a study from Boston College in 2024 found that long-term returns for pension funds, which allow alternatives, generated about the same investment return as a 60/40 split of stocks and bonds. Wall Street and the owners of these private equity funds just want to generate more fees even if it means putting your 401(k) in danger with high-risk investments with little to no liquidity. I'm in hopes that private equity's pursuit of trying to get their hands on your retirement accounts hits a brick wall and the regulators protect your retirement plan.    A bitcoin strategic reserve is a terrible idea Last week there was an executive order signed to create a strategic bitcoin reserve for the United States. Crypto enthusiasts were pleased by the action, but disappointed that the order did not specify a buying schedule or clear strategy to buy more bitcoin. In the current fashion, the reserve will include coins that are already owned by the government that it seized from past law enforcement actions. The US currently owns more than 198,000 bitcoins that are worth about $17 billion. Given our large debt and the current deficit, I think it is just silly to borrow money and buy a volatile asset like bitcoin. The government is not here to make investment profits with our taxpayer dollars, if that were the case why wouldn't they also buy individual stocks? Something like the Strategic Petroleum Reserve makes sense as that commodity plays such an important part in our day to day lives. Bitcoin has no impact on our day to day lives and I just can't see what the strategic benefit would be outside of shooting for investment gains. We should be focused on paying down debt and reducing deficits rather than trying to generate investment returns with taxpayer money. I think even the action of keeping seized bitcoin is a mistake as that could be used to reduce debt. As for the price of bitcoin, I believe it could keep falling. There seems to have been a lot of catalysts that took place last year including the launch of ETFs and a more crypto friendly administration taking office. I don't see many new catalysts in the near future, which could lead to steeper declines. For me, I don't want my own dollars or my tax dollars in bitcoin or any other cryptocurrency for that matter.   Inflation report puts stagflation risks at ease The headline Consumer Price Index (CPI) for February came in at 2.8%, which was below the estimate of 2.9% and less than January's reading of 3%. Core CPI, which excludes food and energy came in at 3.1%, which was also below the estimate of 3.2%. This reading was less than January's reading of 3.3% and it marked the lowest increase since April of 2021 when we saw inflation rise 3%. That was really the beginning of the inflation problems as the March 2021 core CPI rate was 1.6%. I've said it before, but with inflation at these levels I really don't see it as a problem. There are some areas like eggs that increased 59% compared to last year, but outside of that most categories are quite tame. Shelter also continues to lift the inflation numbers as the index rose 4.2% in the month of February. This was the smallest increase for the shelter index since December 2021, but it still remains above both the headline and core numbers, which means it is putting upwards pressure on those reports. This report would have shown limited impact from the recent tariffs, so it will be interesting to see in the coming months what the numbers look like as the tariffs work their way through supply chains. I still believe inflation will not be a problem in 2025 and that the Fed will be able to cut rates a few times this year.   Another win on the inflation front The February Producer Price Index (PPI) showed no change in the pricing level when compared to January. For the 12-month period it rose 3.2%, which was much better than last month's reading of 3.7%. Core PPI, which excludes food and energy actually fell 0.1% from January and the annual increase of 3.4% was down from last month's reading of 3.8%. This report helps us breathe a sigh of relief as December and January produced hotter readings. As we've been saying, inflation will not go down in a straight line and month to month the readings will be bumpy, but the general trend should be lower. As we said with CPI, it will be interesting to see how the tariffs impact these inflation reports in the coming months. One thing that does not get much coverage is that we had tariffs back in 2018 and inflation did not see a major spike. Hopefully that will be the case again and we can move on from this battle against inflation that has lasted a few years now.   Who Benefits from Repealing the “SALT” limit? One of the more controversial changes in the Tax Cuts and Jobs Act of 2017 was the $10,000 limit placed on the State and Local Tax (SALT) itemized deduction.  Prior to 2018, those who itemized could deduct the full amount of state income taxes and property taxes on their federal tax returns.  Under current law through the end of this year, only the first cumulative $10,000 of these taxes is deductible.  This obviously hurts high earners in states like California.  Someone making half a million dollars per year and paying $40,000 in California income taxes only receives a deduction on the first $10,000 and receives no additional deduction for any property taxes they pay. While there isn't as much public sympathy for high-income earners paying more tax, this limit also impacted California homeowners, especially first-time homebuyers.  When buying a home in California, property taxes are about 1.2% of the purchase price of that home. Thanks to Prop 13, property taxes increase minimally after purchase and generally much less than the property value increases. This means the longer you own a home, the lower your property taxes are relative to the fair market value of the property.  This also means that property taxes are most expensive when first buying a home.  In California, home values are high, mortgage rates are high, insurance costs are high, utilities are high, and because of the high value of homes, property taxes are also high. Virtually everything about homeownership in California is expensive, so it's no wonder people are struggling to afford a house. This phenomenon has gotten worse in recent years, but it's not new.  Regarding the SALT deduction, it is common for homeowners to have state income taxes and property taxes that exceed the $10,000 limit even if they're not really “high-earners” because of the income needed to simply afford a home and its corresponding property taxes.  A young family could easily be looking at $20,000 to $25,000 just in state and local taxes, most of which would not be deductible due to the SALT limit.  While the SALT deduction is mainly thought of as a high-earner issue, a lot of normal people in California would benefit from its repeal, especially if federal tax rates do not increase back to their pre-2018 levels.   Companies Discussed: DoorDash, Inc (DASH), Rocket Companies, Inc. (RKT) & Verizon Communications Inc. (VZ)

Transport Topics is the news leader in trucking and freight transportation. Today's briefing covers another acquisition by Kenan Advantage Group, an alliance to promote hydrogen engines in North America, and a proposal to refill the Strategic Petroleum Reserve. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this Palisades interview, host Tom welcomes Trader Ferg, a full-time trader and author of the Trader Ferg Substack, discussing major narrative pivots in the energy market, focusing on topics like electric vehicles versus plug-in hybrids, net-zero projections, China's policy changes on renewable energy subsidies, battery technology shifts from lithium-ion to sodium-ion batteries, platinum group metals, geopolitical impacts like coal's comeback in Germany, and investment implications. Ferg also delves into the transformative potential of deep learning AI models, expressing excitement about their game-changing impact on technology and markets. Among these innovations, Ferg points to DeepSeek, an open-source AI model that is disrupting the tech industry and challenging major companies like NVIDIA, Microsoft, Google, and Facebook, potentially leading to significant declines in their valuations. Ferg also discusses platinum's unique market dynamics, noting its unpredictable demand and jurisdictional risks, particularly in key producing regions like South Africa. He emphasizes that new platinum supply is expected to remain limited after 2030. Declining production rates are also affecting industries such as oil and uranium. Despite these challenges, Ferg advises investors to maintain patience and position themselves strategically for future demand. Ferg identifies under-invested sectors, particularly the U.S. oil and gas industry, as opportunities for growth. He argues that while drilling activity will likely increase during Trump's second term, supply numbers have been overestimated, and demand remains steady but not overly strong. Additionally, Trump's plans to refill the Strategic Petroleum Reserve could create further demand. Ferg expresses his bullish outlook on oil plays in the market, despite current low prices. In conclusion, Ferg's investment strategy focuses on identifying major narrative shifts, understanding supply decline rates, and positioning investments to capitalize on demand when markets price it appropriately. Time Stamp References:0:00 - Introduction1:00 - Narratives & Pivots5:30 - Coal & Green Transitions?10:48 - Tariffs & Chinese EVs14:46 - China's A.I. Model21:04 - Sector Valuations?25:39 - Platinum Supply31:48 - Drill Baby Drill!37:03 - Trump & Inflation Risks42:00 - Gold, Rates, & Treasuries46:00 - Gold ETF Holdings48:43 - Resource Investment Risk54:00 - Derisking & Hated Sectors56:56 - Resource Costs & Inflation59:00 - Wrap Up Guest Links:Substack: https://traderferg.substack.com/X: https://x.com/trader_ferg Trader Ferg is a Full-time trader for going on 8+ years now. He has a habit of hanging out in hated corners of the market that are considered uninvestable. He enjoys sharing his research and thoughts about possible trades and markets.

Fires and cold weather are back in the headlines. Among the Executive Orders signed yesterday, many affect the energy and transportation industries. President Trump declared a National Energy Emergency, giving him a broad range of actions to reach a reliable, diversified and affordable supply of energy. President Trump also pulled out of the Paris Climate Accord. We were the largest funder ($10 billion per year) while the Accord allowed China and India to continue polluting. President Trump is going to fill the Strategic Petroleum Reserve and ending Biden's war on liquified natural gas. In another Executive Order, all executive departments are barred from issuing new regulations and new rules until they are reviewed by the new agency heads. He also removed EV-Favoring policies and subsidies. Oil reacts to Trump declaring an energy emergency, potential 25% tariffs on Mexico and Canada and to U.S. to stop buying Venezuelan oil.

  Democrats love promising a "peaceful transition of power," but history—and their actions—tell a different story. When Obama handed the reins to Trump, he made a https://theblacksphere.net/2024/11/the-myth-of-obamas-power-a-manufactured-legacy-and-misplaced-allegiance/ while his DOJ quietly sharpened its knives. Four years of investigations, conspiracies, and obstruction later, the Democrats finally ousted Trump using their COVID-19 coup, complete with ballot-stuffing, midnight counting, and media complicity. But their https://theblacksphere.net/2024/11/lets-not-let-democrats-forget-joe-biden/, leaving Biden with the unenviable task of ushering in yet another "peaceful transition"—this time back to Trump. Biden's Legacy of Chaos Let's take stock of what Joe Biden is leaving behind. Start with Bidenflation:- https://finance.yahoo.com/news/national-debt-tops-36-trillion-000208774.html, up $13 trillion since 2020.- Interest rates that https://tradingeconomics.com/united-states/inflation-cpi, particularly for small businesses. Families struggling to stretch their dollars farther than a triathlete on a treadmill.- Instead of financing our recent $1.8 trillion federal budget deficit by issuing 10- and 30-year bonds, Janet Yellen has instead https://nypost.com/2024/11/23/business/janet-yellen-exiting-office-leaving-mess-behind-for-trump-team/in a what has been described as “a nakedly political effort to avoid a massive jump in mortgage rates.” Mortgage rates created by Bidenflation, I remind you.Aristotle wrote about “moderation in all things,” but he didn't anticipate Joe Biden or Leftism. Biden's economic policies aren't just unmoderated; they're unhinged. The Strategic Petroleum Reserve is https://ycharts.com/indicators/us_ending_stocks_of_crude_oil_in_the_strategic_petroleum_reserve, energy prices are volatile, and Biden's administration seems to think solar panels is the answer. And what of the military? It's in shambles. Recruitment numbers are dismally low, matched by our stockpile of weapons. We can thank Biden for his proxy war in Ukraine and his failure to manage the Middle East, where Iran and its proxies, including a resurgent Al Qaeda that recently took control of Syria flex their muscles. In short, the world is a much less safe place under Joe Biden.  And then there's the Department of Justice, which under Biden and Obama transformed from an institution of law to a political cudgel. Public trust in the DOJ is at an all-time low, but Biden isn't addressing the problem—he's doubling down, reportedly planning to pardon key players in his administration to shield them from accountability. The Irony of Democrat Spending If Biden's administration were a business, it would be Enron. Trillions of dollars are unaccounted for across multiple agencies. The CHIPS Act and Inflation Reduction Act (IRA) were boondoggles, diverting taxpayer money to pet projects that failed to deliver. Even Biden admitted the IRA was less about reducing inflation and more about funding the global climate agenda. John Podesta, the man controlling https://spectrumlocalnews.com/nys/central-ny/environment/2024/01/31/john-podesta-will-take-over-for-john-kerry-as-the-us-special-climate-change-envoy, might as well be handing out blank checks at a lobbyist convention. Let's not forget Transportation Secretary Pete Buttigieg, who burned $7.5 billion on eight electric vehicle charging stations. That's a cost-per-station that would make Elon Musk burst out laughing—or crying. And Kamala Harris, armed with $42 billion for https://www.politico.com/news/2024/09/18/senate-republicans-ding-harris-role-as-broadband-czar-00179855, has accomplished as much as she did at the border: absolutely nothing. Funding the Resistance? A recent exposé from Project Veritas revealed EPA adviser Brent Efron https://www.youtube.com/watch?v=CblV6EwzKxg about funneling money to tribes, nonprofits, and states as quickly as possible before Trump's team could intervene. “It feels like we're on the Titanic and throwing gold bars off the edge,” he said. For once, the metaphor fits: Democrats are sinking, but they're determined to take everyone else down with them. “We gave them the money because it was harder if it was a government-run program, they could take the money away, if Trump won.”, Efron exclaims. Even Elon Musk https://www.nysun.com/article/biden-administration-goes-on-dangerous-and-destructive-climate-spending-spree-ahead-of-trump-inauguration, calling the video proof that "the U.S. government is actively working to undermine the American people." Trump's Transition Team: From Chaos to Competence Trump has made it clear that his second term will prioritize results over rhetoric. His administration will cut through the debris of Biden's failures with laser focus, appointing experts—not diversity freaks—to tackle America's most urgent problems.- Energy independence will be restored.- Government employees will be expected to actually show up to work as President Trump dismantles Biden's attempt to prevent 42,000 workers at the Social Security Administration https://www.bloomberg.com/news/articles/2024-12-03/biden-administration-locks-in-wfh-policies-for-some-federal-staff-ahead-of-trump.- Wasteful spending on unproductive programs will be slashed.Gone will be the carnival of incompetence that defined the Biden administration. Trump's team will hit the ground running, undoing four years of damage in record time. Peaceful Transition This! Aristotle said, "The worst form of inequality is to try to make unequal things equal." The Biden administration proved to be a https://theblacksphere.net/2024/12/carville-calls-biden-the-most-tragic-figure-in-american-politics/. And their transition has been no different. Despite inheriting the worst administration in history, Trump's first 100 days will be epic. And the transformation of America back to greatness will begin on Day One. A short of adrenalin is about to hit America, and it will last 4 years, challenging the boom of the Clinton years. If Trump performs as I predict (and he will), Democrats will be hard-pressed to win major elections for the next decade at least. In short, Trump doesn't care about the so-called “peaceful transition”. He has a man on his team who can replace NASA. And he appointed others who are equally talented in their own ways. Gone are the DEI appointments, and freak show of the Biden administration. This transition team knows it's at war with Biden. And like the election, this too will be an easy victory.    Oh the irony of Trump ever sitting down with media again and how this was the Democrats' goal. As I have stated today and many times, the media is dying a slow death. X is the #1 media outlet in America. Media by the people. The platform that deplatformed President Trump is now his biggest defender by being blatantly OPEN. Trump is doing regular media now. Not that long ago, MSNBC's undynamic duo from Morning Joe begged president Trump for an interview.  How must it feel for Trump to know how much the media participated in targeting him, and now they beg him for interviews. As all the Leftist media networks suffer, their only lifeline is getting him to sit down for an interview. And when he speaks, the added irony that they can no longer "fact-check" him, because the American people trust Trump more than they do the media itself. Next is the summary of the interview. Again, look for the irony, hypocrisy, and most of all the comedy of this. Present it as if you were a writer for the Trump sitcom hosted by me. I know what endears me to Donald Trump. When it comes to Americans, he tells us what his plans are. Sure he's more coy with our frenemies, but with us, he's a straight shooter. The fact is, I don't agree with everything Trump says or does. For example, in the interview, Trump reiterated that he has no plans for retribution and that success Alright, let's set the stage for the greatest sitcom plot twist ever: The Donald Trump Redemption Tour: Meet the Press Edition. Picture this—it's like a rom-com where the villain realizes they need the hero to save them. Except, instead of flowers, the media shows up with boom mics and trembling voices like, "Mr. President... would you please save our ratings?" The Setup: Desperate Times for Leftist Media You know the media's down bad when they start swiping right on Trump. These people spent years acting like he was Voldemort with a spray tan. Now? He's their only hope. The irony here is rich, folks. They've gone from screaming "Orange Man Bad!" to whispering, “Orange Man, can you spare some views?” It's like they planned this massive intervention to cancel him, but now they're the ones on life support. CNN's viewership is so low they might as well broadcast in Morse code. MSNBC is losing so many key demographics, I hear Rachel Maddow's next show is called Rachel Maddow: Live from My Basement. And Trump knows it. You could see it in his smirk during that Meet the Press interview. That smirk said, “You need me more than a vegan needs quinoa.”Become a supporter of this podcast: https://www.spreaker.com/podcast/the-kevin-jackson-show--2896352/support.

[SEGMENT 2-1] Lessons Learned 1 - Peaceful transition   Democrats love promising a "peaceful transition of power," but history—and their actions—tell a different story. When Obama handed the reins to Trump, he made a https://theblacksphere.net/2024/11/the-myth-of-obamas-power-a-manufactured-legacy-and-misplaced-allegiance/ while his DOJ quietly sharpened its knives. Four years of investigations, conspiracies, and obstruction later, the Democrats finally ousted Trump using their COVID-19 coup, complete with ballot-stuffing, midnight counting, and media complicity. But their https://theblacksphere.net/2024/11/lets-not-let-democrats-forget-joe-biden/, leaving Biden with the unenviable task of ushering in yet another "peaceful transition"—this time back to Trump. Biden's Legacy of Chaos Let's take stock of what Joe Biden is leaving behind. Start with Bidenflation:- https://finance.yahoo.com/news/national-debt-tops-36-trillion-000208774.html, up $13 trillion since 2020.- Interest rates that https://tradingeconomics.com/united-states/inflation-cpi, particularly for small businesses. Families struggling to stretch their dollars farther than a triathlete on a treadmill.- Instead of financing our recent $1.8 trillion federal budget deficit by issuing 10- and 30-year bonds, Janet Yellen has instead https://nypost.com/2024/11/23/business/janet-yellen-exiting-office-leaving-mess-behind-for-trump-team/in a what has been described as “a nakedly political effort to avoid a massive jump in mortgage rates.” Mortgage rates created by Bidenflation, I remind you.Aristotle wrote about “moderation in all things,” but he didn't anticipate Joe Biden or Leftism. Biden's economic policies aren't just unmoderated; they're unhinged. The Strategic Petroleum Reserve is https://ycharts.com/indicators/us_ending_stocks_of_crude_oil_in_the_strategic_petroleum_reserve, energy prices are volatile, and Biden's administration seems to think solar panels is the answer. And what of the military? It's in shambles. Recruitment numbers are dismally low, matched by our stockpile of weapons. We can thank Biden for his proxy war in Ukraine and his failure to manage the Middle East, where Iran and its proxies, including a resurgent Al Qaeda that recently took control of Syria flex their muscles. In short, the world is a much less safe place under Joe Biden.  [SEGMENT 2-2] Lessons Learned 2 And then there's the Department of Justice, which under Biden and Obama transformed from an institution of law to a political cudgel. Public trust in the DOJ is at an all-time low, but Biden isn't addressing the problem—he's doubling down, reportedly planning to pardon key players in his administration to shield them from accountability. The Irony of Democrat Spending If Biden's administration were a business, it would be Enron. Trillions of dollars are unaccounted for across multiple agencies. The CHIPS Act and Inflation Reduction Act (IRA) were boondoggles, diverting taxpayer money to pet projects that failed to deliver. Even Biden admitted the IRA was less about reducing inflation and more about funding the global climate agenda. John Podesta, the man controlling https://spectrumlocalnews.com/nys/central-ny/environment/2024/01/31/john-podesta-will-take-over-for-john-kerry-as-the-us-special-climate-change-envoy, might as well be handing out blank checks at a lobbyist convention. Let's not forget Transportation Secretary Pete Buttigieg, who burned $7.5 billion on eight electric vehicle charging stations. That's a cost-per-station that would make Elon Musk burst out laughing—or crying. And Kamala Harris, armed with $42 billion for https://www.politico.com/news/2024/09/18/senate-republicans-ding-harris-role-as-broadband-czar-00179855, has accomplished as much as she did at the border: absolutely nothing. Funding the Resistance? A recent exposé from Project Veritas revealed EPA adviser Brent Efron https://www.youtube.com/watch?v=CblV6EwzKxg about funneling money to tribes, nonprofits, and states as quickly as possible before Trump's team could intervene. “It feels like we're on the Titanic and throwing gold bars off the edge,” he said. For once, the metaphor fits: Democrats are sinking, but they're determined to take everyone else down with them. “We gave them the money because it was harder if it was a government-run program, they could take the money away, if Trump won.”, Efron exclaims. Even Elon Musk https://www.nysun.com/article/biden-administration-goes-on-dangerous-and-destructive-climate-spending-spree-ahead-of-trump-inauguration, calling the video proof that "the U.S. government is actively working to undermine the American people." Trump's Transition Team: From Chaos to Competence Trump has made it clear that his second term will prioritize results over rhetoric. His administration will cut through the debris of Biden's failures with laser focus, appointing experts—not diversity freaks—to tackle America's most urgent problems.- Energy independence will be restored.- Government employees will be expected to actually show up to work as President Trump dismantles Biden's attempt to prevent 42,000 workers at the Social Security Administration https://www.bloomberg.com/news/articles/2024-12-03/biden-administration-locks-in-wfh-policies-for-some-federal-staff-ahead-of-trump.- Wasteful spending on unproductive programs will be slashed.Gone will be the carnival of incompetence that defined the Biden administration. Trump's team will hit the ground running, undoing four years of damage in record time. Peaceful Transition This! Aristotle said, "The worst form of inequality is to try to make unequal things equal." The Biden administration proved to be a https://theblacksphere.net/2024/12/carville-calls-biden-the-most-tragic-figure-in-american-politics/. And their transition has been no different. Despite inheriting the worst administration in history, Trump's first 100 days will be epic. And the transformation of America back to greatness will begin on Day One. A short of adrenalin is about to hit America, and it will last 4 years, challenging the boom of the Clinton years. If Trump performs as I predict (and he will), Democrats will be hard-pressed to win major elections for the next decade at least. In short, Trump doesn't care about the so-called “peaceful transition”. He has a man on his team who can replace NASA. And he appointed others who are equally talented in their own ways. Gone are the DEI appointments, and freak show of the Biden administration. This transition team knows it's at war with Biden. And like the election, this too will be an easy victory.  [SEGMENT 2-3] Lessons Learned 3   Oh the irony of Trump ever sitting down with media again and how this was the Democrats' goal. As I have stated today and many times, the media is dying a slow death. X is the #1 media outlet in America. Media by the people. The platform that deplatformed President Trump is now his biggest defender by being blatantly OPEN. Trump is doing regular media now. Not that long ago, MSNBC's undynamic duo from Morning Joe begged president Trump for an interview.  How must it feel for Trump to know how much the media participated in targeting him, and now they beg him for interviews. As all the Leftist media networks suffer, their only lifeline is getting him to sit down for an interview. And when he speaks, the added irony that they can no longer "fact-check" him, because the American people trust Trump more than they do the media itself. Next is the summary of the interview. Again, look for the irony, hypocrisy, and most of all the comedy of this. Present it as if you were a writer for the Trump sitcom hosted by me. I know what endears me to Donald Trump. When it comes to Americans, he tells us what his plans are. Sure he's more coy with our frenemies, but with us, he's a straight shooter. The fact is, I don't agree with everything Trump says or does. For example, in the interview, Trump reiterated that he has no plans for retribution and that success Alright, let's set the stage for the greatest sitcom plot twist ever: The Donald Trump Redemption Tour: Meet the Press Edition. Picture this—it's like a rom-com where the villain realizes they need the hero to save them. Except, instead of flowers, the media shows up with boom mics and trembling voices like, "Mr. President... would you please save our ratings?" The Setup: Desperate Times for Leftist Media You know the media's down bad when they start swiping right on Trump. These people spent years acting like he was Voldemort with a spray tan. Now? He's their only hope. The irony here is rich, folks. They've gone from screaming "Orange Man Bad!" to whispering, “Orange Man, can you spare some views?” It's like they planned this massive intervention to cancel him, but now they're the ones on life support. CNN's viewership is so low they might as well broadcast in Morse code. MSNBC is losing so many key demographics, I hear Rachel Maddow's next show is called Rachel Maddow: Live from My Basement. And Trump knows it. You could see it in his smirk during that Meet the Press interview. That smirk said, “You need me more than a vegan needs quinoa.”[SEGMENT 2-4] Lessons Learned 4Become a supporter of this podcast: https://www.spreaker.com/podcast/the-kevin-jackson-show--2896352/support.

Tom welcomes back, Jesse Felder, founder, editor, and publisher of The Felder Report, to discuss inflation and its impact on investments. Felder argues that American citizens consider inflation a major issue, despite the Federal Reserve's efforts to contain it. He suggested the Fed might accept higher-than-targeted inflation levels in the future. Felder touches upon bond markets as indicators of potential inflation trends and the possibility of another "lost decade" for stock and bond portfolios due to current valuations. Felder criticizes passive investing, citing negative annual returns over a 10-year period, and emphasizes individual investors' attention to Warren Buffett's investment philosophy, focusing on valuation sensitivity. Buffett's massive cash position in Berkshire Hathaway was discussed, with reasons for his disinterest in gold and cautious approach due to concerns over the fiscal situation. Jesse suggests individual investors pay heed to Buffett's underlying investment strategy while acknowledging opportunities unavailable to Berkshire Hathaway. Felder also highlights the potential for a steep market reversal following the stock market's overexuberance post-Trump's election and emphasized insider activity and buy-sell ratios as indicators of earnings and economic disappointments in the equity market. He encourages investors to be cautious given current extreme valuations. Felder expresses his interest on oil and gas stocks due to the changing inflation environment and the new floor at $70 for oil prices. He believes that energy producers would benefit from a more stable foundation for their commodity, despite concerns about the Strategic Petroleum Reserve's size and potential implications of inflation and peak oil production. Time Stamp References:0:00 - Introduction0:37 - Inflation Been Fixed?3:45 - Fed & Inflation Targets8:16 - Bonds & Reality11:38 - Tariffs & Tax Cuts14:10 - A Lost Decade?18:05 - Warren Buffet Position28:14 - Risk Exposure & Gold32:08 - Market Exuberance36:50 - Avoiding Loss38:30 - Valuing Sectors40:00 - Energy & Tech43:44 - SPR & U.S. Production46:38 - Peak Energy & Inflation49:00 - Equity Mkt. Concerns50:12 - Wrap Up Talking Points From This Episode American citizens perceive inflation as a significant problem, despite Federal Reserve's attempts to control it. The Fed might accept higher-than-targeted inflation levels in the future. Buffett's cash position and disinterest in gold, potential market reversal, and focus on oil and gas stocks are notable. Guest Links:Twitter: https://twitter.com/jessefelderWebsite: https://thefelderreport.com/Articles: https://thefelderreport.com/blog/ Jesse Felder is the Founder, Editor, and Publisher of The Felder Report. He began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Since moving to Bend, Oregon in 2000 and founding The Felder Report shortly thereafter his writing and research have been featured in major publications and websites like The Wall Street Journal, Barron's, Yahoo!Finance, Business Insider, RealVision, Investing.com, and more. Jesse also hosts and produces the Superinvestors and the Art of Worldly Wisdom podcast.

On this week's Stansberry Investor Hour, Dan and Corey welcome Pete Carmasino back to the show. Pete is chief market strategist at our corporate affiliate Chaikin Analytics. He's also editor of the Chaikin PowerTactics and Chaikin PowerTrader newsletters. With more than 25 years of experience in the financial-services industry, Pete joins the podcast to share some of his wisdom on sector rotations, pullbacks, and the housing market. Pete kicks off the show by talking about the Federal Reserve cutting interest rates, unemployment ticking higher, and the difficulty bond managers are having with timing the market. He also shares his thoughts on the Sahm Rule indicator, which says we're currently in a recession. Pete believes that Fed Chair Jerome Powell will only do a 25-basis-point rate cut, but that ultimately Japan will be the deciding factor in Powell's decision. This leads to a conversation about sector rotation and which sectors are outperforming today. (0:43) Next, Pete gives pointers on how to find investing opportunities within market rotations and pullbacks. He explains that a lot of the sectors that are thriving today serve as bond proxies, and a lot of the individual stocks that investors are flocking to are safe havens that pay high dividends. After, Pete talks about the trend in oil and gas prices over the past two years and how it has been influenced by the White House's efforts to refill the Strategic Petroleum Reserve. (18:46) Finally, Pete shares why he believes the housing market is on its way to reaching an "equilibrium" between buyers and sellers. He says housing prices can stay high (benefiting sellers) while interest-rate cuts will lower mortgages (benefiting buyers). Pete also cites increases to the lifetime gift/estate tax exemption as a reason for the influx of competitive all-cash housing transactions. (34:31)

Donate (no account necessary) | Subscribe (account required) In today's episode of The Wright Report, former CIA Operations Officer Bryan Dean Wright brings you the latest news shaping America and the world. Tune in for three key briefs: Venezuela's Election Turmoil: Venezuela's Marxist leader claims victory in the presidential election, sparking nationwide protests and international skepticism. Discover the implications for Venezuela and why this matters to the world. Solar Panel Cybersecurity Threats: Federal officials warn about the vulnerability of U.S. solar panels to Chinese hacking. Learn about the risks, the dominance of Chinese-manufactured solar components in the U.S., and what this means for national security. Listener-Driven Updates: Bryan addresses six pressing topics requested by you, the listeners, including the status of the U.S. Strategic Petroleum Reserve, updates on the Trump assassination attempt, and positive news from North Dakota's wheat harvest. "And you shall know the truth, and the truth shall make you free." - John 8:32

Monday, June 10th, 2024Today, More Supreme Court corruption as Clarence Thomas finally adds more updates to his financial disclosure forms and Leonard Leo is found to have sent millions to his own firm; Joe Biden's economy added 278K jobs in may smashing expectations; South Korea restarts anti-North Korea loudspeaker broadcasts; Jim Comer attacks Joe Biden for using email aliases when he himself used two; how Joe Biden broke OPEC; that bag of $120K in cash didn't stop the jurors from convicting; plus Allison and Dana deliver your Good News.Promo Code:Helix is offering up to 20% off all mattress orders AND two free pillows for our listeners! Go to https://www.helixsleep.com/dailybeans.Tickets and LIVE show dates https://allisongill.comSubscribe for free to MuellerSheWrote on Substackhttps://muellershewrote.substack.com US buys 3 million barrels of oil for Strategic Petroleum Reserve (Reuters)Key takeaways from the blowout May jobs report (CNN)Clarence Thomas, in Financial Disclosure, Acknowledges 2019 Trips Paid by Harlan Crow (NYT)Nonprofit connected to Leonard Leo sent millions to his firm (Politico)James Comer Attacked Joe Biden for Using Email Aliases. He Used Two Himself (Daily Beast)Bag of cash doesn't stop jurors from convicting 5 of 7 defendants in $40 million food fraud scheme (AP News) Subscribe to Lawyers, Guns, And MoneyAd-free premium feed: https://lawyersgunsandmoney.supercast.comSubscribe for free everywhere else:https://lawyersgunsandmoney.simplecast.com/episodes/1-miami-1985Check out other MSW Media podcastshttps://mswmedia.com/shows/Follow AG and Dana on Social MediaDr. Allison Gill Follow Mueller, She Wrote on Posthttps://post.news/@/MuellerSheWrote?utm_source=TwitterAG&utm_medium=creator_organic&utm_campaign=muellershewrote&utm_content=FollowMehttps://muellershewrote.substack.comhttps://twitter.com/MuellerSheWrotehttps://www.threads.net/@muellershewrotehttps://www.tiktok.com/@muellershewrotehttps://instagram.com/muellershewroteDana Goldberghttps://twitter.com/DGComedyhttps://www.instagram.com/dgcomedyhttps://www.facebook.com/dgcomedyhttps://danagoldberg.comHave some good news; a confession; or a correction?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/From The Good Newshttps://www.belknapcounty.govManheim Township Democrats (Pennsylvania) Live Show Ticket Links:https://allisongill.com (for all tickets and show dates)Sunday, June 2nd – Chicago IL – Schubas TavernFriday June 14th – Philadelphia PA – City WinerySaturday June 15th – New York NY – City WinerySunday June 16th – Boston MA – City WineryMonday June 17th Boston, MA https://tinyurl.com/Beans-Bos2Wednesday July 10th – Portland OR – Polaris Hall(with Dana!)Thursday July 11th – Seattle WA – The Triple Door(with Dana!)Thursday July 25th Milwaukee, WI https://tinyurl.com/Beans-MKESunday July 28th Nashville, TN - with Phil Williams https://tinyurl.com/Beans-TennWednesday July 31st St. Louis, MO https://tinyurl.com/Beans-STLFriday August 16th Washington, DC - with Andy McCabe, Pete Strzok, Glenn Kirschner https://tinyurl.com/Beans-in-DCSaturday August 24 San Francisco, CA https://tinyurl.com/Beans-SF Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/OrPatreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts

Inez Stepman of the Independent Women's Forum and host of the "High Noon" podcast is in for Jim. Join Greg and Inez as they discuss Harvard's new "Institutional Voice Working Group" report, Biden's attempts to explain away high oil prices with pre-election pandering, and the fast-approaching denouement of the Trump trial, along with all the implications associated with the verdict.First, they raise their eyebrows at Harvard's professed commitment to upholding free speech and open inquiry. They point out that Harvard's Institutional Voice Working Group is only making such statements to appease both angry donors and radical students, and that they will, in all likelihood, proceed with anti-speech policies when it comes to conservative voices.Next, they dissect President Biden's deceptive attempts to use Russia as the reason for high gas prices and to fashion a scapegoat out of oil companies and corporate greed. They also shake their heads at his inappropriate use of the Strategic Petroleum Reserve to essentially pander to voters. And they shake their heads at the counterproductive impact California Democrats may inflict with their new law that's supposedly designed to prevent gas price gouging. Finally, they wonder why the Biden-Harris campaign chose Robert DeNiro, of all people, to make a statement of endorsement outside of the Trump trial proceedings. They also consider the possible impacts, positive and negative, of the trial on Trump's popularity, as well as his chances of acquittal.Please visit our great sponsor:Omaha Steakshttps://omahasteaks.comUse promo code MARTINI for additional savings when you shop Gourmet Gift Packages for Father's Day.  

The Biden Administration is draining our petroleum reserve again so he can lower gas prices ahead of an election. David Covey running against Dade Phalen of Texas and what it takes to run for office. Are restaurants on the way out?See omnystudio.com/listener for privacy information.

The Rich Zeoli Show- Hour 4: 6:05pm- Daniel Turner—Founder & Executive Director of Power the Future—joins The Rich Zeoli Show to discuss the Biden Administration's decision to restrict oil and gas leasing in an Alaskan area that's roughly 13 million acres and crucial to the nation's Strategic Petroleum Reserve. You can learn more about Power the Future here: https://powerthefuture.com/about-us/ 6:30pm- On Friday, a man set himself on fire in Collect Pond Park right outside of the Manhattan Criminal Courthouse where Donald Trump's “hush money” trial was unfolding. According to the New York City Fire Department, the man was brought to New York Presbyterian/Weill Cornell Medical Center and is currently in critical condition. 6:35pm- On Saturday, the House of Representatives will vote on four foreign aid bills totaling $95 billion—including a package that would send $60 billion to Ukraine. The bills cleared a procedural hurdle on Friday with bipartisan support—316 to 94, passing with more Democrat than Republican support. 6:40pm- The Wall Street Journal Editorial Board writes: “California has spent $24 billion to combat homelessness over the last five years—and what did it get for its money? More homelessness, according to a new state audit that should embarrass Sacramento and infuriate taxpayers.” You can read the full editorial here: https://www.wsj.com/articles/california-homelessness-state-audit-grant-parks-gavin-newsom-e51d349b?mod=opinion_lead_pos2

The Rich Zeoli Show- Full Episode (04/19/2024): 3:05pm- On Friday, a man set himself on fire in Collect Pond Park right outside of the Manhattan Criminal Courthouse where Donald Trump's “hush money” trial was unfolding. According to the New York City Fire Department, the man was brought to New York Presbyterian/Weill Cornell Medical Center and is currently in critical condition. 3:30pm- The twelve jurors serving on former President Donald Trump's Manhattan “hush money” trial have been selected—along with six alternate jurors. According to reports, opening arguments in the case will begin on Monday. Trump has been indicted for attempting to conceal payments made to adult film actress Stormy Daniels. Manhattan District Attorney Alvin Bragg alleges that the payment concealment amounted to falsified business records which influenced the 2016 election. 4:05pm- The New York Post reports: “The man who lit himself on fire outside Manhattan court during former President Donald Trump's ‘hush money' trial Friday is a self-described ‘investigative researcher' who arrived in New York in the past few days, police said… Moments before he doused himself in gasoline and set himself ablaze, Azzarello tossed a stack of pamphlets into the air, which included links to a Substack newsletter apparently authored by the self-immolator called ‘The Ponzi Papers.' At the top of the site is an article with the headline “I have set myself on fire outside of the trump Trial,” followed by a rambling manifesto riddled with conspiracy theories on everything from cryptocurrency and Hollywood actors to COVID and former President Bill Clinton.” You can read the full article from Larry Celona, Joe Marino, and Chris Nesi here: https://nypost.com/2024/04/19/us-news/man-who-set-self-on-fire-outside-trump-trial-idd-as-max-azzarello/ 4:30pm- On Saturday, the House of Representatives will vote on four foreign aid bills totaling $95 billion—including a package that would send $60 billion to Ukraine. The bills cleared a procedural hurdle on Friday with bipartisan support—316 to 94, passing with more Democrat than Republican support. 4:50pm- Prior to entering the Manhattan Criminal Courthouse on Friday, Republican presidential candidate Donald Trump said “the gag order has got to come off”—noting that it's infringing upon his freedom of speech and prevents him from being open with the press. 5:05pm- Dr. Wilfred Reilly—Professor of Political Science at Kentucky State University—joins The Rich Zeoli Show to discuss his latest article for National Review, “Why the Rise in Trans Shooters?” You can read the full article here:  https://www.nationalreview.com/2024/04/why-the-rise-in-trans-shooters/. Dr. Reilly's new book, “Lies My Liberal Teacher Told Me,” releases on June 11th but you can pre-order it now: https://a.co/d/jd6PjBb. 5:35pm- While speaking in Pennsylvania, President Joe Biden said that little kids regularly give him the middle finger. Plus, Fox News' Peter Doocy asked White House Press Secretary to clarify remarks Biden made earlier this week when he seemingly suggested his uncle was eaten by cannibals in New Guinea. 5:40pm- Students in the Nebo School District in Utah held a walkout after they were allegedly harassed by a small group of students who self-identify as “furries” and dress in animal costumes. According to the protesting students, school administrators allow the “furries” to bark at and bite other students without repercussions. 6:05pm- Daniel Turner—Founder & Executive Director of Power the Future—joins The Rich Zeoli Show to discuss the Biden Administration's decision to restrict oil and gas leasing in an Alaskan area that's roughly 13 million acres and crucial to the nation's Strategic Petroleum Reserve. You can learn more about Power the Future here: https://powerthefuture.com/about-us/ 6:30pm- On Friday, a man set himself on fire in Collect Pond Park right outside of the Manhattan Criminal Courthouse where Donald Trump's “hush money” trial was unfolding. According to the New York City Fire Department, the man was brought to New York Presbyterian/Weill Cornell Medical Center and is currently in critical condition. 6:35pm- On Saturday, the House of Representatives will vote on four foreign aid bills totaling $95 billion—including a package that would send $60 billion to Ukraine. The bills cleared a procedural hurdle on Friday with bipartisan support—316 to 94, passing with more Democrat than Republican support. 6:40pm- The Wall Street Journal Editorial Board writes: “California has spent $24 billion to combat homelessness over the last five years—and what did it get for its money? More homelessness, according to a new state audit that should embarrass Sacramento and infuriate taxpayers.” You can read the full editorial here: https://www.wsj.com/articles/california-homelessness-state-audit-grant-parks-gavin-newsom-e51d349b?mod=opinion_lead_pos2

MacroVoices Erik Townsend & Patrick Ceresna welcome back, Commodity Context Founder, Rory Johnston. Erik & Rory discuss all things crude oil, from fundamentals, to geopolitical risk to the Strategic Petroleum Reserve. https://bit.ly/444LL2L   ⚫ Follow Rory on X: https://www.twitter.com/Rory_Johnston ⚫ Find out More: https://www.commoditycontext.com