As of the week ending June 12, 2026, the US Strategic Petroleum Reserve (SPR) held approximately 340.25 million barrels of crude oil… Sounds like a lot, but it is approaching the danger zone. In late May, that number was 372 million barrels, which consisted of Sweet crude: ~142 MMB | Sour crude: ~230 MMB, according to the US Department of Energy.
Economics
Reuters: Euro zone October PMI adds to evidence bloc is heading for recession
Flash PMIs for October provide yet more evidence that the euro zone is sliding into quite a deep recession but that inflationary pressures remain intense Read Here Photo: KUKA Roboter GmbH, Bachmann
Corruption
Lighthouse Reports: Europe’s Potemkin Lobby
Powerful European farming lobby Copa-Cogeca is losing legitimacy even as it stymies the EU’s green agenda and hoovers up public funds Read HERE
Economics
Dean Baker: NYT Does Public Relations Work for Emmanuel Macron
One probably calls this international reactionary solidarity. Read here
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