We could've taxed gasoline and used the revenue to make electrified transportation cheaper. Instead we'll pay gasoline taxes to the Iranian clerics to fund regional destabilization.

Political is when a black quarterback silently kneels Not political is when a white quarterback introduces the president’s speech at a campaign rally

If only he could’ve done something about it…oh, wait

US Sec. Of State Rubio: Strait Of Hormuz Tolling System Would Make Diplomatic Deal ‘Unfeasible’

This precedent could also be applied to government officials who blow people up in boats without a declared war, due process, evidence, or trial.

The pain at the pump that started at the beginning of the Iran war has only gotten worse in the months the conflict has gone on. Gas prices in Chicago are up 70 cents from one month ago, and nearly $1.70 compared to last year, according to data from AAA. https://to.wttw.com/3PS2mE2

With America’s status as a net oil exporter, a common question is, “why can’t we disconnect from the global oil market?” I explain why we can’t (and shouldn’t even if we could) in today’s @usatoday.com and also offer some thoughts on real energy security. www.usatoday.com/story/opinio...

Appreciated the opportunity to join Chicago Tonight and share my thoughts on the outlook and implications for the ongoing crisis in energy markets.

“.. A big difference between the 2022 gasoline price (red) spike and today’s is that back then, the savings cushion was much larger … savings rate (white) was ~double what it is today.” (via Schwab) ⛽️

"Donald Trump filed a fake lawsuit against his own government so that that he could 'settle' it and give $2 billion in taxpayer dollars to reward January 6 rioters" is the kind of story that makes you sound unhinged if you say it out loud, but is also 100 percent accurate

I am officially tired of all this winning. www.bloomberg.com/news/article...

This @wsj.com piece by @benmorenne.bsky.social is a sober assessment of what “record US oil exports” mean right now: a liquidation of inventories that will end with far higher US oil prices. Still many people missing this. www.wsj.com/business/ene...

Corruption and market manipulation on an epic scale.

A NBER working paper co-authored by economist @catiehausman.bsky.social shows that larger oil & gas firms are passing environmental risks on to smaller firms. 🛢️⚠️ The result? #OilWells are left unplugged, leading to: ☠️ Air & water pollution 💥 Explosion risks Read: https://myumi.ch/5wN9A

“.. the programme has not provided a single dollar of cover.” @financialtimes.com #Hormuz www.ft.com/content/eaba...

We've become numb to this stuff, but a president accusing a journalist of treason -- a capital crime -- for reporting on an ongoing war is not normal, and we should never accept it as normal.

We published today the latest figures on cause of death in children. In every year since COVID, the number one killer of children in the US is guns.

!!

NEW RECORDS today: Michigan, all-time high, diesel, $6.09/gal Indiana, all-time high, diesel, $6.12/gal Wisconsin, all-time high, diesel, $5.87/gal Illinois, all-time high, diesel, $6.11/gal

The biggest lesson from the Covid pandemic was don't let anti-science liars run the country. But a plurality of American voters didn't learn it, or didn't want to.

The only thing more pathetic than this drivel is the fact that it has carried him as far as it has.

While you can’t afford a trip for your family this summer, you just paid for Sean Duffy’s 7-month road trip at $4.55 per gallon of gas.

Make America Healthy Again!

Of course! Washington only "notices" if a Democrat is in office. Kind of funny that they all just basically admit it.

Everyone likes to talk about how the Trump administration is a such an outlier but to be fair they are just like recent prior administrations in vastly exaggerating the efficacy of economic pressure as an instrument of statecraft. www.washingtonpost.com/national-sec...

This dropped around the same time as this interview - Neil Gorsuch on Megyn Kelly’s show. He was talking about how “young conservatives must have courage to stand by their beliefs.” Sounds apolitical to me!

Today, in “rudest thing on the internet…”

* IRAN'S TASNIM NEWS AGENCY, CITING AN UNNAMED SOURCE: IRAN HAS NOT YET RESPONDED TO LATEST U.S. PROPOSAL, WHICH CONTAINS SOME UNACCEPTABLE PROVISIONS @reuters.com

Phew, it’s a good thing no U.S. policy principal came out today to hype this operation. Otherwise it would seem as though this administration hasn’t the faintest fucking clue what it‘s doing.

* SPIRIT LAWYER SAYS HIGH JET FUEL PRICES LEFT "NO REMAINING WAY OUT" OF BANKRUPTCY -- COURT HEARING @reuters.com #$SAVE

New records for diesel in: Michigan, $6.01 Illinois, $6.01 Wisconsin $5.67 (Indiana 0.2c/gal away), $6.03 (Ohio ~19c/gal away), $5.93

"Trump’s initial post about removing US troops from Germany came just hours after he spoke by phone with Russian President Vladimir Putin, who has long sought to reduce the number of NATO troops in Europe... "The Pentagon 'was not expecting it'... www.politico.com/news/2026/04...

Wait, I thought if 60 Minutes edited an interview with a politician in the slightest, that was grounds for a lawsuit?

AI is booming. The broader economy, not so much. That matters because workers and small businesses don’t all live inside one tech boom.

“There has never been anything like what is happening in America today.” Agreed on that. I say it all the time.

* EXXON CEO DARREN WOODS ESTIMATES IT WILL TAKE 1-2 MONTHS FOR NORMAL FLOWS TO RESUME AFTER STRAIT OF HORMUZ REOPENS -- CONFERENCE CALL @reuters.com #$XOM

US crude oil exports are surging. US crude production is not budging. That mean all those extra barrels are coming out of inventories, making it totally unsustainable. Glad to see someone finally cover this point, @rebeccafelliott.bsky.social www.nytimes.com/2026/05/01/b...

This is so right. It was jarring last night watching the market surge on earnings from the Magnificent 7 while oil prices topped $126/bbl and US gasoline average topped $4.30 per gallon. The consumer will eventually have a say… www.bloomberg.com/news/newslet...

Remember the debt ceiling standoffs? 😂

Notable what is and isn't driving that business investment. Investment in new factories is down sharply from the Biden-era boom (though still high by recent historical standards). But investment in data centers has surged, picking up some of the slack.

Love this. Seems like a good rule in life in general. www.bloomberg.com/news/article...

Important perspective on the lack of any obvious technical reasons Iran can’t manage production shut-ins. And also a good theory of where the president got that idea. www.bloomberg.com/opinion/arti...

“.. The probability of a recession in Europe, the UK, and parts of Asia, is higher than is priced into equity markets," said RBC BlueBay's head of market strategy @reuters.com www.reuters.com/business/ene...

Mike Lee blames Capitol Hill reporters for the $39 trillion national debt.

"Fifty years of trade deficits have not drained the United States of wealth or mortgaged its future to foreigners," Mark J. Perry and Donald J. Boudreaux write. https://wapo.st/4eLP3is

Appreciated the opportunity to share my thoughts with @cbsnews.com in Chicago on gas prices, Iran, and UAE’s OPEC surprise. www.cbsnews.com/chicago/vide...

A crowd in Buffalo chimed in to sing the Canadian national anthem before an NHL playoff game on Tuesday night, presenting a contrast to ongoing U.S.-Canada tensions over President Trump’s tariffs and threats to Canada’s sovereignty.

Hold on. We the taxpayers are going to pay companies $900 million, which is more than 6x what we spend on wind power R&D, to NOT build wind power at a time when electricity prices are spiking and we need more clean power?

Don’t worry. It won’t affect us here…