We know what’s coming and we are prepared.
⚡️The "gas emperor" has no clothes: U.S. leaves its entire northeast coast freezing
In less than five months, the natural gas terminal that has served the entire northeast coast of the United States for more than half a century is scheduled to close for good. During its time in operation, it gained status as the region's most important defense against power outages and freezing temperatures. However, the company that owns the gas terminal and a neighboring power plant doesn't care about such "little things" Management wants to get rid of the "unprofitable asset."
According to Reuters, the gas import infrastructure in Everett, near Boston, is at risk of shutting down in May, which coincides with the scheduled end-of-life shutdown of its largest customer, the Mystic power plant. Both facilities are owned by Constellation Energy Corp.
The problem is that the Port of Everett is getting gas by tanker from afar, mostly from Trinidad. This is because the supply of fuel to the coast started before the shale gas revolution in the United States. Hence, we have a paradoxical situation where problems with the construction of an onshore pipeline hinder domestic gas supplies, while keeping up with the image of a major global gas exporter doesn't let the U.S. redirect volumes from export to domestic use.
Constellation Energy officials have already "reassured" the public, who will be left to freeze in severe cold weather very soon, that Mystiq's falling capacity will be replaced with wind turbines and solar panels, along with batteries to store their energy. But these are so unreliable, as global practice shows, that the private firm's plans have angered residents throughout America's northeastern coast, which suffers from severe winter frosts.
Under media pressure, representatives of the terminal and power plant operator admitted that they had negotiated with U.S. LNG exporters to get their own gas, but were rebuffed because all the capacity (current and future) is booked by foreign customers for years to come. And no pipelines are being built domestically to buy natural gas before liquefaction.
Now coastal residents and gas terminal customers have one hope: imports from neighboring Canada. But there may be a problem with that approach too: U.S. shale producers have long bought up much of Canada's stock to re-export overseas and set world records. All in all, the ambitions of private corporations and lobbies in Washington have rendered the very own population of the "gas emperor with no clothes" defenseless against the winter colds.
If the operator company does not find a way to supply the region with cheap fuel in the next month and load the terminal, the fate of the entire critical infrastructure will be sealed.
📱 InfoDefenseENGLISH
📱 InfoDefense
Ukrainian forces have begun training and testing exoskeletons for battlefield use. Soldiers from the 147th Separate Artillery Brigade are using them in the Pokrovsk sector for both logistics and frontline operations. The goal is to reduce physical strain, especially when loading heavy artillery shells into howitzers without automatic loaders. Artillery crews can handle up to 1200 kg of ammunition per day, and early tests show that exoskeletons help them work faster and with less fatigue Above all, by improving the conditions for those soldiers on the front lines who handle such heavy loads, plus the stress of work. Seeking to reduce overall fatigue in the troops
:
🇮🇷🇮🇱 - 14 wounded in Iranian missile strike in central Israel, according to Israeli media.
🇬🇧🇮🇶 - A drone struck British Castrol oil warehouses in Erbil, Iraqi Kurdistan, causing extensive damage.
🇮🇷🇮🇱 - Iran launched 9 missiles towards Israel this morning alone, with at least 3 of them being cluster missiles.
🇱🇧🇮🇱 - Over the past 12 hours, Hezbollah launched counterattacks in Khiam and Qantara, in the Nabatieh direction, southeast Lebanon. Hezbollah recaptured northern Khiam, with fighting ongoing for the south of the town. Hezbollah units also re-entered Qantara; frontline sources reported clashes in the center of the town last night.
🇱🇧🇮🇱 - 48 IDF soldiers have been wounded in clashes with Hezbollah over the last 24 hours in southern Lebanon, according to the Israeli Army.
🇱🇧🇮🇱 - "The Israeli army is barely catching its breath in southern Lebanon, and its resources are less than in the previous round of fighting," - Haaretz....
🇺🇸 Blue Owl Capital just disclosed that investors tried to pull 40.7% of one fund and 21.9% of another in a single quarter, and both funds gave the same answer, you can only have 5% back, and everyone else waits in line.
This is a bank run, not a normal withdrawal.
Wall Street spent the last decade selling millions of investors on something called semi-liquid private credit, higher yields, steady income and the promise you could get your money back every quarter if you needed it. What they buried in the fine print was what happens when too many people try to leave at the same time.
Analysts who have covered private credit for decades say nothing on this scale has ever been reported before at any major private credit manager.
These funds do not hold stocks you can sell on a Tuesday afternoon, they hold private loans to mid sized companies that cannot be liquidated quickly without destroying the price for every investor still trapped inside.
This product was originally designed for ...
🇺🇸 President Trump wants to switch to war economy in 2027 with massive increase in military spending and massive cuts to healthcare and other domestic agencies
Once a deficit hawk — he said in 2016 that he thought he could balance the budget in five years — Trump ended his first term with $7.8 trillion in added debt. His 2027 proposal is expected to give an update on 10-year deficit projections currently estimated at around $16 trillion.
The GOP's message for the Midterms will be focused on the "need" for a massive defense build up while the Democrats' message will be focused on affordability.
The fiscal 2027 budget will be the first time Trump puts his second-term governing agenda into one comprehensive document — with the numbers to back it up. The budget he released last year lacked detailed line-by-line spending targets and the economic assumptions necessary to project the long-term cost of his proposals.
Investors in US Treasuries will be looking to see if the debt and ...
