"Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day. I really look with commiseration over the great body of my fellow citizens, who, reading newspapers, live and die in the belief that they have known something of what has been passing in the world." -- Thomas Jefferson

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OPEC+ on Sunday agreed to extend all production curbs into 2025 in an effort to shore up oil prices, delegates said, with top producers in the group continuing to haggle over a deal to cut output further.

The agreement comes on the same day the group’s kingpin, Saudi Arabia, launched a giant sale of shares in its national oil champion that will yield billions to help fund the kingdom’s economic transformation.

by Tyler Durden

 

America's transition to a decarbonized economy demands massive base metals and rare Earth minerals. Currently, China dominates the rare Earth mineral market. However, initiatives are already underway by the US federal government to sever reliance on the Chicoms and boost domestic mining and refining abilities. 

One unlikely area where 40% of the nation's lithium supply could be sourced from is 'Trump's coal country,' otherwise known as good ole' Appalachia. 

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Scientists from the University of Pittsburgh have discovered a large amount of lithium located in Pennsylvania, saying it could eventually supply more than a third of America’s needs for the mineral.

Researcher and study lead author Justin Mackey told CBS Pittsburgh in an article published Wednesday that the wastewaters of the Marcellus Shale gas wells could cover “somewhere between 30 and 40 percent of the current U.S. national demand.”

The Biden administration is finally taking significant steps to revitalize America's nuclear power industry, a move likely to upset radical leftist environmentalists funded by shady non-governmental organizations. The administration recognizes that nuclear power is critical to reaching 100% reliable carbon pollution-free electricity by 2035 rather than relying solely on unreliable solar and wind energy sources for the power grid (after all, AI data centers need reliable power).

Last week, several media reports suggested that Saudi Arabia was on the verge of a "mega deal" with the United States.

Bombastic phrases like a "mega deal" or a "grand bargain" are being used because the agreement would bring the US and the Saudis closer in significant ways, including in a mutual defense pact and through cooperation on emerging technologies like artificial intelligence and a civilian nuclear program.