EU’s Arctic Strategy Excludes Oil and Gas
The European Union will shun crude oil and natural gas produced from fields in the Arctic, recommending that these “stay in the ground” under its new Arctic strategy…
Rising Crude Oil Imports Reduce China’s Need to Draw from Stocks
China has relied on its huge crude oil inventories since the Iran war hiked oil prices to above $100 per barrel. The world’s biggest crude importer has drawn…
GOP Facing Steep Uphill Battle as Economic Pessimism Spreads Among Base
Americans are sounding a loud alarm on the state of the economy just two weeks before the congressional elections, creating a precarious environment for Republican candidates. According to…
A Tribute to Mark C. Schug’s Career in Economic Education
On July 13, the field of economic education lost one of its leading educators, Dr. Mark C. Schug. I had the privilege of knowing Mark for many years…
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Politics
US pulls personnel from Saudi Arabia as kingdom comes under Houthi fire
The Trump administration has ordered non-emergency U.S. government employees and their families to leave Saudi Arabia as deadly Houthi attacks intensify across…
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Energy
Big Oil Eyes Record Profits but Keeps Spending in Check
Oil supermajors have been raking it in since the war in the Middle East began. They are now set to report another…
U.S. Energy Red Tape Gives China an Edge
Congress needs to pass the bipartisan bill on permitting reform to accelerate energy infrastructure buildout so that the United States can compete…
Petrobras’ Deepwater Push Sets Off a Race for Offshore Vessels
Recently, we reported that the Middle East conflict and subsequent closure of the Strait of Hormuz has triggered an unprecedented spike in…
Europe’s Power Demand Returns to Growth
Despite weakening industrial activity and high energy costs, European electricity demand is bucking years of flailing power consumption. Rising electrification rates and…
UK Pays Record Sums to Balance Grid as Transmission Falls Behind
The UK is among the most ambitious states when it comes to a transition to a net-zero economy. Also, the UK is…
Why Invading Iran Could Become America’s Biggest Military Mistake
The ghosts of Baghdad and Kabul should be enough to silence any talk of sending American troops into Iran. Yet here we…
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The High Cost of Closing Doors to Global Talent
The Trump administration is intensifying its efforts to limit the presence of international students and foreign professionals in the United States through…
How Saudi Arabia’s defense vulnerabilities could become Trump’s problem amid Houthi onslaught
Saudi Arabia is turning to foreign allies to fend off Houthi missiles and drones, exposing a military vulnerability that could soon become…
Vance-led task force set to unveil charges against 40-plus defendants in alleged $40M SNAP fraud
FIRST ON FOX: Vice President JD Vance will announce today that the federal anti-fraud task force he leads has identified $40 million…
Virginia sanctuary county ignores 1,670 detainer requests over 2 years, House Judiciary Committee finds
The Fairfax County Sheriff’s Office in Virginia ignored at least 1,670 immigration detainers from U.S. Immigration and Customs Enforcement between 2023 and…
University president sounds alarm as nearly half of students justify violence to stop ‘hate speech’
A new survey found that close to half of undergraduate students surveyed believe physical violence can be justified to stop “hate speech,”…
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