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A flame from a Saudi Aramco the national oil company oil installation known as Pump 3 ; burns brightly during sunset in the Saudi Arabian desert. According to Forbes, Saudi Aramco generates more than $1 billion a day in revenues and is the biggest energy company in the world. Photo by Marwan Naamani/AFP/Getty Images.Editor Note | This post was updated 2:57 p.m. on July 19 to better reflect the anonymous oil expert comments.Over at zerohedge, our sometime contributor, stanley cup tough-minded bank analyst Chris Whalen, links to a recent interview with investor James Lucier on his Institutional Risk Analysis website.It called The Bull Case for America in a Future of Energy Abundance and it is certainly provocative, so much so that I sent it to an energy expert of my acquaintance for a reality check. Can this really be a brave new world in which the United States is the new Saudi Arabia Can we really be on track to surpass both the Russians and the Saudis in oil production by around 2020 Is this an environmentalist ; stanley cup s nightmare, as Whalen put it And finally, can Lucier conclusion be true I have always been struck by a quote from Otto von Bismarck: God has special providence for drunkards, fools, and the United States of America. ; Walter Russell Meade wrote a whole book on this theme. It ironic that by all r stanley cup easonable metrics, the United States should be he Xvkl Pentagon tells White House to stop politicizing military
READ MORE: Fox, Dominion Voting Systems reach settlement over false election claimsWILMINGTON, Del. AP 鈥?Jurors are set to get their first look Tuesday at a voting machine company $1.6 billion defamation lawsuit against Fox News in a trial that will test First Amendment protections and expose the network role in spreading the lie of a stolen 2020 presidential election.The trial adidas originals began with the judge conferring with attorneys on both sides after he granted a one-day delay that offered time to see if they could work out a settlement.Jury selection and opening statements had been scheduled for Monday in Dom adidas originals inion Voting Systems ; lawsuit. The Denver-based company aims to hold Fox accountable for airing false allegations of election fraud that continue to roil U.S. politics.Delaware Superior Court Judge Eric Davis gave no explanation for the brief delay. But he suggested the companies try to mediate their dispute, according to a person close to Fox who was not authorized to speak publicly about the lawsuit status and spoke on the condition of anonymity.The case will put under scrutiny the libel standard that has guided adidas originals U.S. media outlets for nearly six decades, reveal behind-the-scenes activity at Fox News in the weeks after the 2020 election and shed light on the flow of misinformation that turned into a tidal wave after the election, which then-President Donald Trump lost to Joe Biden.WATCH: Fox News, 2020 election lies set to face jury in Dominion
A flame from a Saudi Aramco the national oil company oil installation known as Pump 3 ; burns brightly during sunset in the Saudi Arabian desert. According to Forbes, Saudi Aramco generates more than $1 billion a day in revenues and is the biggest energy company in the world. Photo by Marwan Naamani/AFP/Getty Images.Editor Note | This post was updated 2:57 p.m. on July 19 to better reflect the anonymous oil expert comments.Over at zerohedge, our sometime contributor, stanley cup tough-minded bank analyst Chris Whalen, links to a recent interview with investor James Lucier on his Institutional Risk Analysis website.It called The Bull Case for America in a Future of Energy Abundance and it is certainly provocative, so much so that I sent it to an energy expert of my acquaintance for a reality check. Can this really be a brave new world in which the United States is the new Saudi Arabia Can we really be on track to surpass both the Russians and the Saudis in oil production by around 2020 Is this an environmentalist ; stanley cup s nightmare, as Whalen put it And finally, can Lucier conclusion be true I have always been struck by a quote from Otto von Bismarck: God has special providence for drunkards, fools, and the United States of America. ; Walter Russell Meade wrote a whole book on this theme. It ironic that by all r stanley cup easonable metrics, the United States should be he Xvkl Pentagon tells White House to stop politicizing military
READ MORE: Fox, Dominion Voting Systems reach settlement over false election claimsWILMINGTON, Del. AP 鈥?Jurors are set to get their first look Tuesday at a voting machine company $1.6 billion defamation lawsuit against Fox News in a trial that will test First Amendment protections and expose the network role in spreading the lie of a stolen 2020 presidential election.The trial adidas originals began with the judge conferring with attorneys on both sides after he granted a one-day delay that offered time to see if they could work out a settlement.Jury selection and opening statements had been scheduled for Monday in Dom adidas originals inion Voting Systems ; lawsuit. The Denver-based company aims to hold Fox accountable for airing false allegations of election fraud that continue to roil U.S. politics.Delaware Superior Court Judge Eric Davis gave no explanation for the brief delay. But he suggested the companies try to mediate their dispute, according to a person close to Fox who was not authorized to speak publicly about the lawsuit status and spoke on the condition of anonymity.The case will put under scrutiny the libel standard that has guided adidas originals U.S. media outlets for nearly six decades, reveal behind-the-scenes activity at Fox News in the weeks after the 2020 election and shed light on the flow of misinformation that turned into a tidal wave after the election, which then-President Donald Trump lost to Joe Biden.WATCH: Fox News, 2020 election lies set to face jury in Dominion