This article was originally published by Michael Snyder at The Economic Collapse Blog.  I really don’t understand the tremendous apathy that I am witnessing right now. Everyone can see that commercial oil inventories are rapidly being depleted. As I discussed yesterday, the global oil market had about 400 million barrels of excess inventory before the war, and now we have “close to nothing”. But at least we still have the Strategic Petroleum Reserve, right? Yes, that is true, but that is being rapidly depleted as well. In fact, when you add the dwindling commercial oil inventories in the U.S. to the oil…

Hanwha Philly Shipyard has been tapped to build two Missile Range Instrumentation Vessels for the Pentagon to the tune of $2 billion, White House Office of Management and Budget Director Russ Vought announced Friday.The declaration came during the christening of the Department of Transportation’s fourth national security multi-mission vessel — Lone Star State — which will be used to train the next generation of merchant mariners at Texas A&M Maritime Academy, according to a U.S. Department of Transportation release. The shipyard, in collaboration with TOTE Services, has delivered four NSMVs to the department’s Maritime Administration. A fifth is scheduled to…

A Navy submarine that is believed to have played a notable part in the early stages of the Iran war was presented with a prestigious military award commemorating its heroism in combat.Acting Navy Secretary Hung Cao presented the Navy Unit Commendation to the crew of the Los Angeles-class fast-attack submarine USS Charlotte, according to an X post from the secretary.“The most powerful weapons in our Navy are often the ones never seen—and never heard,” Cao said. “This recognition reflects their professionalism, discipline, and unwavering dedication to the mission.”The Navy Unit Commendation is conferred on any ship, aircraft or unit of…

Sign up for the On The Gun Newsletter The latest for gun hunters and competitive shooters. THERE IS SOME peculiar quirk in the makeup of many shooters that causes them great dissatisfaction with their guns and ammunition. Ever since some ballistic nut back in the middle ages dumped some powder and rocks down a length of pipe and got it to shoot, man has been trying to get his guns to shoot straighter, faster, flatter, and farther. The manufacturers of guns and ammunition come out with something “new and better” often enough to keep us satisfied. But for some folks,…

United States ruler Donald Trump is backing his war-mongering efforts by saying things went worse in other wars. His full retreat into “whataboutism” is nothing more than a defensive coping mechanism designed to rally the base and save face. Trump already all but surrendered in the war he started jointly with Israel when signing the Memorandum of Understanding. Iran declared it a “record of US failure.” Iran Declares Memorandum of Understanding A “Record of US Failure” Not long after the media in the US noticed that the MoU was mostly a US surrender, Washington reignited the war with Iran while…

In a first, the U.S. Space Force transferred over a dozen space-experienced Air Force reservists to become part-time guardians.The Space Force transferred 18 Air Force reservists into part-time roles, making them the service’s first-ever guardians to serve on nonsustained duty, according to a release. The move follows a broader effort by the Space Force to rebuild its personnel a year after sweeping cuts across the federal government and military services left it with nearly 800 fewer civilian employees.“The initiative demonstrates our commitment to building a flexible, modern personnel system that expands pathways to service and retains the vital talent required…

A Marine Corps MV-22B Osprey tiltrotor aircraft caught fire Sunday while taking off from an airport in Mesa, Arizona, during a joint exercise. The aircraft, from Marine Medium Tiltrotor Squadron-266 based at Marine Corps Air Station New River, North Carolina, suffered a fire in its right nacelle — the covering for the right engine and its components — Marine Corps officials said.The pilot and air crew conducted an emergency shutdown and safely evacuated without injury, according to the service.A video posted on Instagram by an Arizona local pilot showed the aircraft’s right engine housing engulfed in flames and firefighters using…

Sign up for the Quick Strike Newsletter The hottest fishing news, tips, and tactics Without a doubt, one of the most tenuous occupations one could ever consider is trying to squeak out a modest living as a walleye fishing guide. Customers can be quite demanding, overhead expenses will eat you alive, and even the highest quality boating and fishing equipment can find itself victimized by gremlins that may cause it to break down without a moment’s notice. Then there is the weather, which is notorious for refusing to cooperate. Worse yet, because the best walleye fishing is primarily restricted to…

As the tenth day of renewed strikes begins, the United States is mulling a plan to ignite a much wider war with Iran than it currently is engaged in. Media outlets in the US claim that Washington’s war mongers are planning to enter into an all-out war with Iran’s Islamic Revolutionary Guard Corps (IRGC). The Washington Post reported on Sunday that Washington is ramping up its air war assets in the Middle East, while it is unaware that it lacks the resources and assets for an extended military campaign in Iran. The warning comes as the Pentagon confirmed that at…

Iran’s foreign ministry spokesman warned Bulgaria on Tuesday against allowing the U.S. to use its territory for military operations against Iran.The Bulgarian government has said it will seek parliamentary approval to station up to eight U.S. tanker aircraft at an air base in the Balkan country, which is a member of NATO and the European Union.Ministry spokesman Esmail Baghaei said any activity that facilitates U.S. attacks on Iran would amount to complicity in what he described as “aggression and war crimes”, according to Iranian state media.Baghaei urged Bulgaria not to become “an accomplice of aggressors and lawbreakers”, they said.The tanker…

Boeing said on Sunday it remains on track to deliver two new Air Force One jets in 2028, but meeting that target will require additional spending on a program already years behind schedule and billions of dollars over budget.Boeing was awarded a $3.9 billion contract in 2018 to build the aircraft, though costs have since ballooned to more than $5 billion. The aircraft are intended to replace the current Air Force One planes, which entered service in 1990.“We’re on track for 2028,” Steve Parker, CEO of Defense, Space & Security, told reporters ahead of the Farnborough Airshow in the UK,…

Sign up for the Quick Strike Newsletter The hottest fishing news, tips, and tactics It was almost 7 p.m. on July 3 when Cooper Clark hooked a fish that he hoped was a bluefin tuna. He was trolling offshore with his uncle Robert Clark and his cousin Ashton Clark in Robert’s 27-foot Sailfish center-console boat named “Baby Girl.”  They were trolling at the famed “Jackspot,” a well-known reef area 21 miles southeast of Ocean City, Maryland, that’s noted for good catches of white marlin and bluefin tuna. “We had some friends who’d caught some bluefins in that area a few…

The Pentagon identified on Tuesday the soldier who was killed Saturday in northern Iraq during the controlled detonation of an Iranian one-way attack drone. Sgt. Michael Emmanuel Swinton, 30, of Fayetteville, North Carolina, was killed in action during the detonation of unexploded ordnance at Erbil Air Base, Iraq, a release states. Lt. Gen. John L. Rafferty, commanding general of Army Air and Missile Defense Command, said in a statement that Swinton died “during an operation to safeguard fellow soldiers.”The circumstances surrounding his death are under investigation. A second service member was wounded in the detonation and received treatment for a…

Sign up for the Outdoor Life Newsletter Get the hottest outdoor news from Outdoor Life. The best multi tools are the ones you carry and use—a lot. Every person has their own unique preferences and needs, so it’s impossible to pick one single product as the best multi tool for everyone. Even in a field of tools that are meant to “do it all,” each tool has its specialties. There are a few leading brands that dominate the multi tool market, and they all make great products. The key is finding one that has the specialized tools you need for…

The Bundibugyo strain of the Ebola virus that is currently spreading in the Democratic Republic of Congo is continuing to spread, as health care workers struggle to contain the outbreak. At least 930 people have died, although that number is likely larger and expected to continue to increase. This outbreak is spreading faster than any previous outbreak in DRC, with 37 new deaths recorded over 24 hours during the weekend. These new deaths, which were officially declared on Saturday, are one of the highest daily increases recorded since the Ebola outbreak was first declared in the DRC on May 15th.…

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Last month, the Defense Department wrapped up another round of the Drone Dominance competition, a $1.1 billion program aimed at strengthening the domestic drone industry to supply commercially developed drones to the military.During the 12-day event at Camp Grayling, Michigan, 49 companies competed across multiple mission sets. Officials evaluated their small unmanned aircraft systems on performance, ease of use and each company’s ability to produce at scale. By the end, 19 companies advanced to the next round of testing, scheduled to begin in August.The list of finalists offers a snapshot of the rapidly evolving defense drone industry. Nearly all are…

Sign up for the Quick Strike Newsletter The hottest fishing news, tips, and tactics Warmwater flyfishing is one of the fastest-growing sectors of the sport overall. Muskies and largemouth bass get more social media love than ever before, but it’s fair to say that smallmouth bass have grabbed the most limelight. For anglers who have been targeting bronzebacks on fly for years, there is a sense of “finally, these fish are getting due credit as fly targets.” But so much of what you see revolves around Midwest rivers that require a drift boat or raft to cash in most effectively.…

“I’m not living in Communist America… I’ve read the quotes from the DSA platform, from their own mouths. Don’t tell me I’m not seeing what I am seeing,” Bill Maher told ABC News’ Jonathan Karl in an exclusive interview that aired on Sunday. Karl asked Maher, “Could you see yourself voting for JD Vance?” Maher responded: “Yes. If this is the Democratic side, yes.” Establishment Democrats are freaking out over the Democratic Socialists of America’s attempted hijacking of their party because this anti-American, far-left Marxist movement, with possible ties to foreign subversion, risks dooming the party in the midterms and beyond. The problem for…

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LONDON — The weapon’s barrel points towards a drone in the sky. It briefly adjusts and then fires, with smoke rising where the round shoots. But instead of a service member resting a finger on the trigger well in preparation for the next shot, in video footage of the Bullfrog weapons system, a hulking, metal machine tilts the weapon just slightly, refocusing itself.As the U.S. contends with steep expenses to counter cheap drones, Allen Control Systems, or ACS, announced Monday that the Marine Corps has chosen the Bullfrog autonomous weapon system to integrate into its airborne defenses.The futuristic apparatus is…

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Watch full video on YouTube