Authored by Paul Craig Roberts,
Today is Labor Day, a difficult day to celebrate now that American labor has been cast aside and US jobs offshored and given to foreigners.
The remainder of the jobs is slated to be replaced by robotics.
With Florida already bracing for a hit from Hurricane Irma, which according to some models may attain "monster" Category 5 winds as it nears land prompting locals to store up on everything from water to food to gas and various other housing supplies, late on Monday afternoon Florida Gov. Rick Scott declared a state of emergency ahead of potential landfall, just hours after the governor of Puerto Rico did the same.
It won't be the first time that a near-panicked Japan has came close to the edge when it comes to North Korea, and in preparation for an "emergency" was planning to evacuate its citizens located in South Korea. The last such notable spike in escalations took place in April, when as the Yomiuri Shimbun reported at the time, the Japanese government had asked the U.S.
Authored by Nick Cuningham via OilPrice.com,
The EIA has once again undercut its previous estimates for U.S. oil production, offering further evidence that the U.S. shale industry is not producing as much as everyone thinks.
RBOB Gasoline futures tumbled to their lowest level in almost a week overnnight as several US Gulf Coast refineries reported their plans to restart operations after the devastation of Hurricane Harvey forced them to shutdown.
While about one-fifth of U.S. refining capacity is halted, according to data compiled by Bloomberg, some plants including those operated by Citgo Petroleum Corp. and Marathon Petroleum Corp. are preparing to restart.