ClearedHot

They won't now which is some ways is great for long-term U.S. energy security because we can use these resources in the future. However, they will prime the pumps so to speak and get licensing approvals to use at their discretion now that the regulation is removed. These companies play long-ball. In the short-term they will seek to undo things Biden did: Banned future offshore drilling in certain areas: In early 2025, President Biden used executive authority to permanently withdraw over 625 million acres of federal waters from future oil and gas leasing. This withdrawal covers areas including the entire Atlantic and Pacific coasts, the Eastern Gulf of Mexico, and portions of Alaska's Northern Bering Sea. Strengthened environmental regulations: The administration implemented a rule in 2024 requiring new offshore leaseholders to submit archaeological reports before drilling, placing a burden on operators, especially small producers. Cancelled or blocked leases: The Biden administration has revoked mineral leases, opted against issuing permits on existing fossil fuel leases, and canceled some lease sales. This includes cancelling oil leases in an Alaskan wildlife refuge and blocking new drilling in millions of acres in the state. Paused new oil and gas leases on public lands: Early in his term, Biden suspended new oil and gas leases on public lands for 60 days to review the program. Paused new oil and gas leases on public lands: Early in his term, Biden suspended new oil and gas leases on public lands for 60 days to review the program.

Yes, his policy is just that. If you think this chart tells the entire story....well I imply can't help you. There are so many layers and I would hope you know the price of oil is based largely on speculation and opinion. The impact of Trump saying those words after the election was enough to start the downward tend on the PPB. Also, Biden did a LOT Of damage with regulation and slowed approvals on applications. That will take time to undo and rebuild. Finally, while I think Trump wants us to be energy independent, he knew it would take time to increase U.S. production. His immediate goal was to get the PPB down as close as possible to $60...that is what fuels the U.S. economy. Everyone focuses on the investment deal he made with the Saudis, but little attention is paid to him getting OPEC to drastically increasing their production. In early April (just as financial markets were reeling from the trade war), the producer group announced it would be hiking May output by 411,000 barrels per day—three times the volume it had previously publicized. In May, it doubled down, maintaining the faster supply rate for June.

I don't follow futures either but you can play the game without chasing the actual product by playing the tools and enablers. My wife does a lot of research and leading up the election had a list of energy enabling companies that support exploration and production of energy sources. While oil is volatile with conflict, the longer-term trend based on Trump's policy is obviously drill baby drill. One example is the Weir Group ADR -a Scottish based engineering firm that supports the oil fields. We've made 25% on that investment year to date.

It's not over yet. Senator Clyde introduced an amendment yesterday which would basically end the NFA as it related to silencers and SBRs.

There is some context to his statement. Economically Russia is on the ropes, additional sanctions (which I support), could be the tipping point. While their military is viewed as a peer adversary, Russia's economy is far less impressive. Their GDP is 11th on the world list, coming in well below Italy, Canada and Brazil. The have taken massive losses and are unable to rebuild some key capabilities like the bombers that were lost in Operation Spider Web. This week Putin officially acknowledge the economic difficulties, some thing he never does but in this case he has no choice. The offensive expected in the summer of 2026 is likely their last gasp at victory in Ukraine. I understand and respect your opinion, I just think at a much higher strategic level Russia has been removed from the table as a major peer threat to the United States. Their military humbled and destroyed, likely 1 million casualties with as many as 250,000 soldiers killed, it will take them a generation to recover and we didn't lose a single American soldier.

Amen and how about the maintainers getting over half the fleet airborne at the same time!

Today SECDEF and CJCS gave an update brief on the attack on an Iran's nuclear facilities. A comment by the chairman was epic and deserves it's own thread. "I can assure you there is no beach volleyball at the Air Force Weapons School." – General Dan “Razin” Caine, Chairman of the Joint Chiefs, June 26, 2025

Sooo he didn't chicken out. And, all the prognostications about oil skyrocketing...well I hope you didn't bet on that. My portfolio was up a modest 1% today...that was after selling some things to make cash (just bought another piece of property).

I think he got lucky.

Not an extension, the standard is 4.5" but they also make a 6", 6.5", 8" and 16" variants. The 8" is much harder to find but fits me better. Shhh....don't tell my wife.

There is a difference between knowing and evacuating a base with a prearranged attack that is clearly an off-ramp and some clown openly calling for an attack on a U.S. base...symbolic or not.

Calling for an attack on a U.S. base is never overblown.

That looks like a great survival gun. Don't tell my wife, but I pulled the trigger on the Sig MPX...came with 15 MAGS! Put my spare EOTECH on it but don't like it. Might try a Holosun. Still need a light, might do the combo with the laser. Thing shoots DEAD on!

The depravity of Democrats and professors at our "elite" institutions. A tenured George Town Professor (who has now deleted his social media presence), HOPES Iran does some symbolic strike on a base. How about GFYS.

Sadly it looks like it is going to spiral...Iranian Parliament approved the closure of the Straight of Hormuz. Additionally, the Iranian Nuke sites were not completely destroyed and they possibly moved the nuclear material. Finally, there are indicators the Iranians are planning an attack on U.S. bases in the region.

Not sure how accurate that depiction is. Cluster munitions on TBMs are usually deployed endgame (inside 20,000'), that would be a very late intercept for many of these systems.

Yeah I think I know what happened. I was watching Tousi TV on Youtube (Highly recommend dude has family including his father in Iran), when it came up as breaking news. I think the IDF confirmed the strike and everyone took it as it just happened when it happened early on. There is another report that Israel set up a hotline for the seniors and they thought it was the Iranian command authority telling them about a safe place to go, it was a trick to get them all in one spot. A few other hanging reports: No comms with for 12+ hours, some believe he was targeted...some say he is dead but not confirmed. Another report says Mahmoud Ahmadinejad narrowly escaped an assassination attempt. No word on if it was Mossad or internal Iranians.

Within the last hour the IDF targeted Ali Khamenei's bunker in the mountains possibly eliminating all of the 30 senior leaders of the IRGC.

Nope....at least from the updated picture.

Hearkens back to the Blitz in WW2. Interestingly Hezbollah has not fired a single shot at Israel! The attack on the hospital may be a tipping point, pictures now show the Iranians used cluster munitions on the hospital.