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At least six people have been killed after nearly two dozen tornadoes ripped through the south central region of the United states, leaving a trail of destruction in their wake.
Harris County, Texas officials may learn the hard way the wisdom of never issuing an order they know will not be obeyed, as the Houston police union signaled it would exercise discretion in enforcing their face mask mandate.
The price for a barrel of US crude West Texas Intermediate (WTI) continued its downward spiral on Tuesday following Monday’s historic crash, which saw prices enter negative territory for the first time ever.
A day after the shock collapse that unnerved investors and shook stock markets worldwide, West Texas Intermediate prices have gone up, offering some relief for those concerned as of Tuesday morning.
Oil’s dramatic price plunge into negative territory is just one “severed limb” of a dying “banking beast,” said RT’s Max Keiser, warning that the long-term fallout from the 2008 crash has rendered price signals meaningless.
US President Donald Trump said that up to 75 million barrels of oil will be added to the country’s Strategic Petroleum Reserve, citing rock-bottom prices that only continue to plunge downward, in some cases into the negatives.
US oil was cheaper than dirt on Monday, with futures trading below zero for the first time in history. But where is this cheap oil to be stored? That's the real problem.
As US oil prices suffered a historic collapse, industry insiders told RT that the unprecedented fall in demand will lead to bankruptcies and bailouts, with the coronavirus pandemic crippling the market’s chance of recovery.
An armed hijacker has been shot dead by Texas police after he commandeered a bus and led police on a chase through traffic. The man fired at police before his rampage was brought to an end.