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The Houthis Could Drive Up Gas Prices Even Further

2 hours agoFar Right

The Houthi rebels in Yemen have expanded their military campaign against Saudi Arabia, which could drive up gas prices even further than they already are. Houthi ballistic […]

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This $50 HVAC move could save you $500 a year on energy bills

New York Post

1 hour ago

This $50 HVAC move could save you $500 a year on energy bills

Save on your exorbitant energy bills.

Right

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SAVE America or save face? What’s driving Trump’s recess fight

Washington Examiner

2 hours ago

SAVE America or save face? What’s driving Trump’s recess fight

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to give readers the full picture. You can find our full list of In Focus pieces here. The Senate is supposed to leave town on Aug. 7 […]

Center Right

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‘He should go to jail’: Senator insists that Fauci pay the price for COVID pandemic ‘perjury’

WorldNetDaily

3 hours ago

‘He should go to jail’: Senator insists that Fauci pay the price for COVID pandemic ‘perjury’

'Has had contempt for Congress and contempt for the American people for decades'

Far Right

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Trump says he could pull Blanche's attorney general nomination until GOP holdouts leave

NBC News Politics

4 hours ago

Trump says he could pull Blanche's attorney general nomination until GOP holdouts leave

In a post on social media, President Trump threatened to pull acting Attorney General Todd Blanche's nomination to serve permanently in the role until two Senate Republicans who are withholding their support leave office next year. NBC News' Julie Tsirkin reports from Capitol Hill on why the senators oppose advancing Blanche's nomination to the full Senate.

Center Left

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Knicks’ ‘Champions Way’ sign could go to one determined — and wealthy — fan at NYCDOT auction

New York Post

7 hours ago

Knicks’ ‘Champions Way’ sign could go to one determined — and wealthy — fan at NYCDOT auction

Knicks fans can grab a piece of New York history as the city is auctioning off one of just 30 ‘Champions Way’ street signs.

Right

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Iran war shows China role in setting the price of oil

Axios

11 hours ago

Iran war shows China role in setting the price of oil

Data: China's General Administration of Customs; Chart: Matt Phillips/AxiosThe Iran war has revealed China's enormous power over global oil prices, thanks to its position as the world's largest buyer. Why it matters: China's reaction to the oil shock — by substantially withdrawing from buying on world markets — helped prevent the worst of the price spikes that experts thought would follow from the effective closure of the Strait of Hormuz.Catch up quick: After the U.S. and Israel launched the war on Feb. 28, Chinese crude oil imports dove as prices spiked. At first, the decline in imports didn't surprise analysts. (China has long been known as a price-sensitive buyer.) Yes, but: Few expected that China could maintain this low level of oil buying without deeply damaging its domestic economy. But as the war approaches its sixth month, China has done just that.By the numbers: Through June, Chinese oil imports remain down over 40% from the previous year. "I guess the surprise has been just how low Chinese demand can go," said Michal Meidan, head of China energy research at the Oxford Institute for Energy Studies. "But it's been low without impairing the well-functioning of the economy." How it works: Chinese policymakers have pulled several levers to mitigate the impact of the decline in oil imports, Goldman Sachs analysts say. Chinese officials tapped into domestic reserves of coal, oil and natural gas for supplies. They boosted usage of coal and renewables, where it is less reliant on imports. And China took advantage of its giant fleet of electric vehicles, reflected by the fact that "despite much lower gasoline consumption, traffic congestion remained relatively stable," Goldman analysts say.Big picture: Broadly speaking, analysts say that China has taken such steps almost exclusively for the benefit of its domestic economy. But the benefits of those decisions — basically lower global oil prices — have been broadly shared. What they're saying: "China has been a key player in helping the global economy navigate this crisis," Reid I'Anson, a Houston-based economist at global commodities and shipping consulting firm Kpler, tells Axios."They are the major swing demand setter in the global oil market, for sure," says Jane Nakano, senior fellow in the Energy Security and Climate Change Program at the Center for Strategic and International Studies."China has drastically reduced its net imports of fossil fuels, effectively acting as a shock absorber for global energy prices through reduced demand," Goldman Sachs analysts wrote in a report last week. Caveat: China isn't the only reason that the world economy was able to deal with the energy supply disruptions of the war.Rich nations released large amounts of oil from their own strategic reserves.And U.S. energy companies drastically boosted exports to meet global demand.Connect the dots: Still, China's energy policy — and its ability to keep global prices in check — could be a valuable asset, as it positions itself as a source of stability, often in contrast to current U.S. leadership."China is doing this for China, fundamentally," said Ruby Osman, a senior policy advisor on China at the Tony Blair Institute for Global Change. "But obviously it's not unhelpful for China that it has become a global public good."What we're watching: Any hints that Chinese buyers are flocking back to global markets. Early indications suggest a bit of a bounce in July purchases.

Center Left

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Even Maga is falling out of love with JD Vance. If only his rivals weren’t even worse … | Arwa Mahdawi

US news | The Guardian

11 hours ago

Even Maga is falling out of love with JD Vance. If only his rivals weren’t even worse … | Arwa Mahdawi

The US vice-president is facing a barrage of allegations and complaints from inside and outside the Republican ranks. Good news for Marco Rubio – but not for the rest of the worldThere’s something a bit off about JD Vance. And I mean that literally: the vice-president has been snacking on sauerkraut and other fermented foods as part of a weight-loss regime. Health secretary Robert F Kennedy Jr got a number of Trump officials, including Vance, on to the diet, and is thrilled with the results. “Within 20 days I lost 20 pounds,” Kennedy said at an event in Michigan last month. “JD Vance is also on the diet and you can see how different he looks.” Dunno about that: still looks like a naked opportunist to me.If you want to get into Donald Trump’s good books, improving your looks is a surefire way to do so. According to MS Now, the president is loving Vance’s svelte new figure; it’s helped propel him back into Trump’s good graces. Which is lucky for him because he doesn’t have many other fans. They may be full of beneficial bacteria, but everyone around Vance seems to hate his guts. Continue reading...

Center Left

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'Naked opportunist': Vance dressed down as he sets the stage for 'someone even worse'

Raw Story

23 hours ago

'Naked opportunist': Vance dressed down as he sets the stage for 'someone even worse'

MAGA has started to turn on Vice President JD Vance, and in doing so, it's left room for his rivals and complicated his status among his conservative base, a columnist argued on Wednesday.The Guardian's Arwa Mahdawi discussed how Vance has been eating sauerkraut and losing weight under Health Secretary Robert F. Kennedy Jr.'s recommendations, but he can't seem to keep his MAGA coalition happy. Kennedy recently commented on Vance's weight loss, claiming he lost 20 pounds in 20 days."JD Vance is also on the diet, and you can see how different he looks," Kennedy said. "Dunno about that: still looks like a naked opportunist to me," Mahdawi wrote.Amid reports that Vance's security detail has accommodated frequent or last-minute helicopter trips for his family, Vance's standing among Republicans has also come into question, according to The Washington Post."Vance’s allies told the Post that the attacks, which seem largely driven by his mild criticism of Israel and the Iran war, are a 'coordinated' attempt to poison his 2028 presidential chances," Mahdawi wrote.Angering the GOP could create a path for Secretary of State Marco Rubio in the 2028 presidential race, she added."I can’t say it’s not fun to watch MAGA infighting," Mahdawi quipped. "Nevertheless, it’s hard to take too much satisfaction from Vance’s troubles considering they only really benefit his rival for the 2028 Republican nomination: the odious war hawk Marco Rubio, who is now narrowing the gap with Vance in the polls. A setback for one awful politician always seems to spell a career boost for someone even worse. It’s really quite the pickle."

Far Left

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The Houthis Could Drive Up Gas Prices Even Further

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The Houthis Could Drive Up Gas Prices Even Further

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