Saturday, 20 Apr 2024

API data show a weekly climb of 1.1 million barrels in U.S. crude supply, sources say

Employee handcuffed to freezer during robbery at Timberlea business: police

Police are asking for the public’s help in identifying a man who allegedly handcuffed an employee to a freezer during a robbery last month.

In a news release Tuesday, Nova Scotia RCMP said the robbery at a service station along St. Margaret’s Bay Road in Timberlea happened on Dec. 26.

Police say a man entered a station armed with a knife at 4 a.m., and handcuffed the employee to a freezer.

He left the station with a quantity of cash and cigarettes, according to police.

Twitter Users Drag Michelle Malkin For Claiming Prince Harry Is Emasculated

Conservative pundit Michelle Malkin is getting dragged on Twitter for a hot take about Prince Harry that wasn’t so hot.

On Monday, the right-wing firebrand felt obliged to comment on the decision of Harry and wife Meghan Markle’s decision to step back from royal duties.

However, Malkin’s comment turned out to be a bizarre tweet suggesting the Duchess of Sussex had somehow “emasculated” her hubby. The tweet included photos of Harry in his British Army uniform alongside images showing him in civilian clothes with Meghan. 

Harry served in the British Army for 10 years. He went on two tours of Afghanistan and attained the rank of Captain before resigning his commission in 2015. 

Though Malkin cited the photos as the “toxic impact of SJW feminism on Western man,” there’s no evidence that Meghan ― who Harry is not on record as dating until late 2016 ― had anything to do with him leaving the military.

Malkin may have wanted throw red meat at her base, but many Twitter users had a beef with the tweet.

Some just didn’t understand what Malkin was driving at.

Some had theories as to what really happened to Prince Harry.

Others threw shade at Malkin by sarcastically agreeing with her.

Others felt Malkin’s tweet raised more questions than answers.

But one tweet may have summed up the general reaction quite appropriately.

The Official January Rolling Stone Debate Drinking Game Rules

Weeks of candidate debate prep likely flew out the window Monday, when CNN dropped a bombshell story: Massachusetts Senator Elizabeth Warren claimed Vermont’s Bernie Sanders told her a woman couldn’t win in 2020.

By an amazing coincidence, CNN is hosting the last candidate debate before the Iowa caucus in Des Moines tonight. The explosive Monday report is perfect WWE-style marketing for the last important campaign broadcast prior to the first votes.

Reporters expect a “spirited” exchange between Bernie and Liz tonight (a “doozy” as Politico terms it). Accordingly, we’ve adjusted debate drinking game rules to fit the atmosphere of real (and forced) combat expected to permeate the proceedings.

As always, do not politics and drive. The rules tonight demand one drink EVERY TIME:

Sudanese government forces retake all intelligence buildings in capital – military source

KHARTOUM (Reuters) – Sudanese government forces managed late on Tuesday to retake all intelligence buildings in capital held by security agents in revolt, a military source said.

The security agents surrendered after negotiations with their leaders, the source said. They had opened fire to protest against their severance packages.

B.C. senior caught with meth on sailboat off Oregon Coast pleads guilty in U.S.

A B.C. man with a long history of drug smuggling at sea has pleaded guilty in a U.S. court after his boat was raided by the U.S. Coast Guard last April.

On Monday, John Philip Stirling pleaded guilty to one count of possession with intent to distribute methamphetamine under the Maritime Drug Law Enforcement Act.

Elon Musk closing in on $346M payday as Tesla stock soars

Tesla boss Elon Musk may finally be poised to bag the first installment of an eye-popping, multiyear pay package worth as much as $56 billion.

For Musk to claim the first payout — in which $346 million worth of stock options would vest — Tesla will need to reach a $100 billion valuation and maintain it for a one-month and six-month average.

Tesla’s market capitalization — which has more than doubled since October, when the company reported a surprise quarterly profit — was just under $97 billion as of Tuesday’s close.

Musk does not take a salary from Tesla, and only earns money through performance-based rewards.

If he doesn’t reach any milestones, according to the company’s filing, he will not get paid.The South Africa-born billionaire then has eight years left to clear 11 more valuation hurdles, mostly in $50 billion increments, which would fetch him roughly $5 billion each.

To earn the full award of $55.8 billion, Musk would have to lead Tesla to a market cap of $650 billion by 2028. Tesla’s board signed off on the compensation package in March 2018, when Tesla shares were worth $52.46 billion.

Tesla last week said it delivered 112,000 vehicles in the fourth quarter of 2019, beating Wall Street’s estimate of 106,000. Its 367,500 deliveries in the 2019 calendar year beat its 2018 deliveries by 50%, despite only hitting the low end of its target range.

Tesla also recently delivered the first cars made at its new Shanghai Gigafactory, less than a year after breaking ground on the manufacturing facility.

Tesla stock rose 2.5% to $537.92 on Tuesday.

API data show a weekly climb of 1.1 million barrels in U.S. crude supply, sources say

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.1 million barrels for the week ended Jan. 10, according to sources. The API data also reportedly showed a stockpile climb of 3.2 million barrels for gasoline, while distillate stocks rose by 6.8 million barrels. Inventory data from the Energy Information Administration will be released Wednesday. The EIA data are expected to show crude inventories climbed by 500,000 barrels last week, according to analysts polled by S&P Global Platts. They also forecast supply increases of 3.3 million barrels for gasoline and 1.3 million barrels for distillates. February West Texas Intermediate crude CLG20, -0.07% was at $58.25 a barrel in electronic trading. It settled at $58.23 Tuesday on the New York Mercantile Exchange.

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