Puerto Rico Energy Czar Backs New Fortress LNG Supply Deal
Josue Colón, Puerto Rico's energy czar, said the Financial Oversight and Management Board's worry that the contract would give New Fortress Energy a near-monopoly ignores the fact that the company already controls one of the island's few liquefied natural gas import terminals.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 hours ago
- Yahoo
Bulls rumors: Josh Giddey's ‘expected' contract compromise after long standoff
The post Bulls rumors: Josh Giddey's 'expected' contract compromise after long standoff appeared first on ClutchPoints. Josh Giddey's contract talks with the Chicago Bulls is one of the longest ongoing standoffs of this offseason. Giddey, along with fellow restricted free agents Quentin Grimes and Jonathan Kuminga, wanted bigger deals this offseason. However, Bulls general manager Marc Eversley has not met the point guard's demands. However, a compromise could be on the horizon. While Giddey wanted a large deal, he and is agent could not find another team willing to give him a competitive offer. That, combined with the lack of cap space remaining around the league, stacked the odds against him. According to ClutchPoints NBA Insider Brett Siegel, Giddey and the Bulls appear to be on the verge of a new deal. 'Josh Giddey and the Chicago Bulls are expected to reach a resolution on a new contract, likely in the three-year range, by the end of August,' Siegel said. 'The Bulls could increase their offer, but they have stood firm on keeping a new deal in the $20 million AAV range. The latest speculation from agents not involved in negotiations suggests something in the $65 million to $70 million range.' Giddey's request is ambitious, as were the ones Kuminga and Grimes made. Their teams have the money to sign each player to long term deals. However, their unwillingness to do so has dragged out the process over months. In Giddey's case, though, the player can argue their importance to their team's future. The Bulls traded for the Australian point guard last summer, giving the Oklahoma City Thunder Alex Caruso in exchange. Giddey did better during the second half of the regular season once he got comfortable as the team's lead ball handler. However, questions arose about whether or not the Bulls could trust his late season production. One way or another, the standoff will end before the regular season begins. Neither side will walk away from the deal completely happy. However, it gives Giddey a couple of seasons to prove to Eversley that he is worthy of the large payday he wants. Related: Bulls use Dennis Rodman to welcome back iconic pinstripe jerseys Related: Dwyane Wade reveals how LeBron James shattered plan to join Bulls
Yahoo
10 hours ago
- Yahoo
The $70 million contract Josh Giddey should sign with Bulls to end stalemate
The post The $70 million contract Josh Giddey should sign with Bulls to end stalemate appeared first on ClutchPoints. Jonathan Kuminga isn't the only restricted free agent being held up in negotiations this offseason, as Josh Giddey and the Chicago Bulls have yet to find common ground on a new contract. The main difference between Giddey's situation and that of Kuminga with the Golden State Warriors is that all signs point to the 22-year-old guard remaining with the Bulls. Unless something drastically changes in negotiations between the two sides, Giddey will remain in Chicago for the foreseeable future. However, what his new contract will look like remains a mystery one week into August. To this point, teams around the league have not pursued Giddey as a restricted free agent. It is known that he and the Bulls hold mutual interest in a new deal, and there has not been any discussion of a potential sign-and-trade elsewhere. The Bulls traded Alex Caruso for Giddey with the mindset of the Australian guard being a long-term part of their future, and that has not changed. Even though Chicago had hoped for negotiations to go smoother than they have, the expectation for this organization has not changed. Almost all of the restricted free agents this offseason have completely oversold their value. While it is common for free agents to try to inflate their price, some of these starting prices have been out of control. Just like how Kuminga was originally seeking $30 million per season on a new deal, Giddey was also comparing himself to those receiving this type of money. Jalen Suggs, who signed a five-year, $150 million extension with the Orlando Magic, and Immanuel Quickley, who signed a five-year, $162.5 million extension with the Toronto Raptors in 2024, have been the two players Giddey's side has brought up as comparable in negotiations. From the Bulls' perspective, they have stuck to their $20 million annual average value range on a new contract since Giddey is still a growing player and has yet to reach the All-Star level everyone believes he can achieve. The problem with comparing Suggs and Quickley to Giddey is that they were beneficiaries of increased market value in the offseason they received these deals. That is not the case right now with the Bulls guard. Recently, rival agents not involved in negotiations suggested something in the $65 million to $70 million range on a three-year proposal to ClutchPoints. Could that be the deal Giddey and the Bulls wind up agreeing to? What contract should Josh Giddey receive? Giddey won't be getting a contract in the $30 million per year range. It is crystal clear the team doesn't want to offer that large of a contract, and Bulls insider K.C. Johnson also confirmed such. With this said, it's hard to imagine that he will accept a deal valued exactly at $20 million per season. The Bulls and Giddey can easily come to a compromise to resolve their free agency standoff, especially considering that the young guard wants to secure his future — both financially and in terms of his status in Chicago. In 70 games last season, he averaged 14.6 points, 8.1 rebounds, and 7.2 assists per game while shooting 37.8 percent from 3-point range. Next to Coby White, Giddey has proven that he can help revitalize a Bulls franchise that has underperformed expectations for far too long. Finally, this organization has a path forward with Giddey, White, Matas Buzelis, and other young talents. That is why securing Giddey's future and agreeing to a compromise before the end of August appears to be the likeliest path. This is what a hypothetical contract proposal between the two sides should look like: Three-year, $70 million contract [AAV of $23.3M per season] Player option in Year 3 (2027-28 season), allowing Giddey to maximize value with Chicago Another suggestion that seems to make sense when discussing a potential compromise is a flat four-year, $100 million deal that would see the young guard make an average of $25 million per season. After all, $25 million is the common ground between the $20 million AAV the Bulls are offering and the $30 million AAV Giddey's camp wants. How this deal benefits Josh Giddey As proposed, this three-year structure keeps Giddey on a team-friendly deal where he can develop further for the next two seasons before he can cash in on his progress. Although he wants to be paid like other young guards recently receiving big contract extensions, that will not happen for Giddey this offseason. That is why reaching a compromise with the Bulls is the only path forward. Unlike the Kuminga situation with Golden State, Giddey is not threatening the idea of accepting his qualifying offer because it would not do him any good. No ill feelings exist between the player and organization here, other than the fact that they need to find common ground on money. Unlike guys like Suggs and Quickley, who have established key roles with their organizations through the years, Giddey only has one year under his belt with the Bulls. Continued success and taking on the role of being this young group's leader will only increase his value in two years, when he could opt out and become a free agent again through this proposed deal. Of course, accepting a deal less than the $30 million AAV that Giddey wants allows Chicago to remain in a strong financial position. This is also advantageous to Giddey since it would allow the organization to make the necessary moves to succeed and win in the Eastern Conference. How this deal benefits Bulls It is definitely a possibility that the Bulls give in a little bit to Giddey's demands and settle on a contract in the $25 million per season range. That is why the idea of a four-year, $100 million proposal was also proposed. However, a three-year contract seems to make the most sense from the organization's perspective since the Bulls haven't tied themselves down to long-term money. Only Patrick Williams, Isaac Okoro, Jalen Smith, Tre Jones, and the team's recent first-round picks are under contract past the 2025-26 season. Chicago has plenty of financial flexibility, and keeping Giddey on a deal below $30 million in AAV ensures that the Bulls can be aggressive in their pursuit of talent on the open marketplace in the future. Not to mention, Coby White is entering the final year of his contract and will be an unrestricted free agent next summer. After seeing his name pop up in potential trade conversations over the last few months, it has become clear that the Bulls intend to keep White next to Giddey moving forward. Chicago can keep their young backcourt duo together with this three-year, $70 million contract for Giddey. Related: Bulls rumors: Josh Giddey's 'expected' contract compromise after long standoff Related: Bulls use Dennis Rodman to welcome back iconic pinstripe jerseys
Associated Press
15 hours ago
- Associated Press
Q FACTOR Publishes Educational Analysis on Trade Structure Methodologies for SPX and E-mini S&P 500
08/09/2025, Grand Cayman West bay // PRODIGY: Feature Story // Q FACTOR ALGO today announced the publication of a new educational blog post analyzing market structure trading methodologies specifically designed for SPX and ES market participants. The post, titled 'How to Trade SPX & ES Scalping,' is now available at The educational content introduces the 'Falcon Strike Recon' framework, which applies military-style reconnaissance principles to market analysis. The methodology focuses on identifying market structure patterns, liquidity dynamics, and validation techniques for short-term trading applications. The post titled How to Trade SPX & ES Scalping: FALCON STRIKE RECON covers several key educational topics including signal identification systems, market structure analysis, and risk management protocols. The content is presented through a military-themed educational framework designed to help traders understand market dynamics and pattern recognition. 'The publication aims to provide educational content for traders seeking to understand trade structure analysis,' said Qamar Zaman, lead developer of Q ALGO. 'The framework emphasizes patience, verification, and disciplined approach to market analysis.' The educational material includes tactical deployment guides and rules of engagement for market participants. The content is designed for educational purposes and does not constitute investment advice. The post is available at no cost and includes elements designed to enhance understanding of market structure concepts. About Q FACTOR ALGO: Q FACTOR is developed by Qamar Zaman, a student of trading SPX/ES who aims to offer educational content via his author profile on Coffee With Q, LinkedIn and TikTok. Media Contact: [email protected] Web Contact: Q FACTOR DISCLAIMER This content is for educational and informational purposes only. It reflects the personal market views and trade logic of Q Factor — not financial advice, not investment guidance, and definitely not a promise of profits. Trading futures, stocks, options, and other financial instruments involves serious risk. You can lose some, all, or more than your original investment. There are no guarantees in trading — only probabilities, execution, and discipline. Your account can and might go to zero. This is reality, not sales. Q Factor is not a registered investment advisor, broker-dealer, or financial planner with the SEC, CFTC, or any other regulatory body. Nothing shared in this newsletter should be interpreted as a solicitation to buy or sell any securities or financial products. Always consult with a licensed financial professional before making trading decisions. Any screenshots, price levels, or data mentioned are pulled from publicly available platforms — Q Factor has no affiliations with them. Market commentary may contain errors, misinterpretations, or reflect conditions that can change in a flash. That's the nature of live markets. The reader assumes full responsibility for any actions taken based on the content herein. You are in control. You are accountable. All content shared in this newsletter is the intellectual property of Q Factor. Unauthorized use, copying, or redistribution — partial or full — is not allowed. By reading this newsletter, you agree that you understand: Source published by Submit Press Release >> Q FACTOR Publishes Educational Analysis on Trade Structure Methodologies for SPX and E-mini S&P 500
