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.
Believe it or not, John D. Rockefeller knew something that many oil investors still don’t know. His insight into crude profits wasn’t a secret, either. Actually, it was pretty simple — you...
Every so often, the global economy experiences what economists call a commodity supercycle. It’s a 10-to-25-year period where prices remain dramatically elevated because structural demand...