Andrew Carnegie never laid a single mile of railroad track. The real truth is that he got rich selling the steel underneath it. More than 150 years later, SpaceX just became the new railroad.
I’ve got Iran to the left of me. Houthis to the right. Here I am, stuck in the middle with Yanbu. That’s the jingle humming inside Crown Prince Mohammed bin Salman’s head for the last few...
Congress passed a law banning helium exports back in 1925. They called it "a mineral resource pertaining to the national defense." And there was only one target in mind: Germany...
Here's something that I didn’t think I’d be telling you this summer: American wholesale electricity just got cheaper. How, you ask? Well, the EIA's latest outlook has power averaging $45 a...
Let’s be fair for a minute, a central banker's job is to be boring. They speak in riddles, burying their true intentions in footnotes, and would rather resign than tell you what they're actually...
Since February, roughly a one-fifth of the world's LNG supply has been trapped behind a 21-mile-wide strait. Qatari cargoes were attacked, and the mighty Ras Laffan was struck by missiles...
In the mid-2000s, mining crews carved a road into the Congolese bush to build Tenke Fungurume. At the time, it was one of the biggest copper projects on Earth because a billion people on the other...
Brent spiked past $116/bbl in March when the Strait of Hormuz slammed shut. What followed was a media obsessed on ceasefire deals, even if it meant someone would violate the peace deal within hours...
Back in 2020, the U.S. Commerce Department reached into a legal drawer most Americans never knew existed and pulled out something called the Foreign Direct Product Rule. They only had one target in...
During the Napoleonic Wars, Nathan Rothschild had a problem that seemingly nobody could solve. What keeps a billionaire up at night in the 19th century? Well, the problem was that it was nearly...
Nikola Tesla once stood before the Niagara Falls Commission with a problem that nobody could solve. Edison's landmark system at Pearl Street Station in lower Manhattan utilized direct current, and...
Back in May 1796, a country doctor named Edward Jenner scraped pus from a sore on a milkmaid's hand and injected it into an eight-year-old boy named James Phipps.
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