The national average price for a gallon of regular gasoline in the United States climbed back above $4 on July 20, 2026, according to American Automobile Association data. The average stood at $4.0030, marking a return to a level that analysts describe as a politically sensitive threshold for American consumers. [6]

24 July 2026

United States ruler Donald Trump has threatened to seize Iranian assets in order to cover "any and all damages" done to ships and cargo in the Middle East, due to the war he and Israel started on February 28th. Iran's Foreign Minister Abbas Araghchi warned that this move sets an “incendiary precedent” that could have global ramifications.

24 July 2026

Contrary to the popular assumption that centralized political power was necessary to destroy slavery, federal power spent much of its history protecting and enforcing the institution. This privatized costs for a privileged few and socialized and diffused the costs onto others in society. This is a common reality with any state intervention; indeed, it is the point of state intervention.

24 July 2026

Somehow we have convinced ourselves that AI companies that are bleeding billions upon billions of dollars are great investments because there is a possibility that someday they will eventually become profitable. But the losses just keep getting even bigger every year. Meanwhile, we are spending trillions of dollars to build even more AI infrastructure. There is no way that the AI industry is ever going to generate the sort of revenue that will justify that level of investment. What we are witnessing is a capital misallocation of absolutely epic proportions, and it is inevitable that this entire bubble is going to come crashing down. When that finally happens, it will be unlike anything we have ever seen before.

23 July 2026

Beltline Energy, a data center developer, is planning a $15 billion artificial intelligence data center campus near Yukon, Oklahoma. Residents like Pencia Truhan have expressed concerns over a lack of transparency, particularly regarding water consumption, according to reporting from NaturalNews.com. The developer barred media from meetings and asked local officials to sign nondisclosure agreements, fueling opposition.

23 July 2026

President Trump issued a series of big claims to reporters in the Oval Office on Tuesday. For starters, he asserted that Iran wants to "desperately" meet but said "we" have no interest, and that the US military is not finished at all with Iran, and so there's no interest in talking at the moment.

22 July 2026

A sterile fly production continues as the United States New World screwworm infections reach 41. Screwworm is a flesh-eating parasite that can be deadly and impact the meat supply if it is severe enough.

22 July 2026

The United States'  first war chief, Pete Hegseth, is demanding more money for the war with Iran. Hegseth is the US Secretary of War and has, so far, lived up to his title.

22 July 2026

Yemen’s Houthi rebels have vowed to take “an eye for an eye” after the Saudi Arabian government-backed strikes on the Sana’a Airport. Houthi rebels have declared a naval blockade of Saudi Arabia, marking the biggest escalation between the two sides in years. This blockade comes a week after the bombing of the airport.  Forces loyal […]

22 July 2026

Over the weekend, I traded notes with Marc Faber—global investor and editor of The Gloom, Boom & Doom Report. One snippet from our chat set the tone:

22 July 2026