"To the BELOVED REPUBLIC under whose equal laws I am made the peer of any man, although denied political equality by my native land, I dedicate this book with an intensity of gratitude and admiration which the native-born citizen can neither feel nor understand."--Dedication to Andrew Carnegie's Triumphant Democracy (Scribner's, 1886)
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The NHL suspended Ottawa Senators forward Shane Pinto for 41 games on Thursday, making the 22-year-old American the first modern-day hockey player banned for sports gambling.
The league said the half-season ban was for “activities relating to sports wagering” and that its investigation found no evidence Pinto bet on NHL games.
Pinto's team helmet has a gambling ad on it.
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Energy Warriors
US oil production surged to a record high of 13.2 million barrels a day last week.
The new record high also comes as oil prices have also jumped in recent months, with Brent crude up 24% since June. That's as top OPEC+ producers Saudi Arabia and Russia have curbed supplies.
The US oil rig count remains well below the 2014 peak of more than 1,600 rigs. There were just 502 active oil rigs in the US last week, representing a 69% decline from the 2014 peak.
The White House explains this rise proves their energy policy is not hostile to American oil production.
Market Insider reports, "That shows just how efficient America's energy industry has become after a period of depressed oil prices from 2014 through 2021."
But there are other explanations. Higher prices make inefficient oil production profitable and gives value to oil of lesser quality.
More CO2. Higher prices. Lower quality. That's what we all want, right?
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