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Yahoo
6 days ago
- Business
- Yahoo
Elon Musk Learns a Lesson About Washington
Sign up for the Surge, the newsletter that covers most important political nonsense of the week, delivered to your inbox every Saturday. Welcome to this week's edition of the Surge, a newsletter that is to American politics what Brigitte Macron's hand is to her husband's face. Congress was out of town this week, so President Donald Trump and the judicial branch threw a rager in their absence. One court was so disrespectful to Trump's tariffs regime—rude, frankly—that Trump denounced the conservative legal movement. Also rude to Trump: A reporter who introduced him to an acronym making fun of him. Some people are shamefully begging for pardons, while Joni Ernst is shamefully lobbying for the Grim Reaper's endorsement. But first, bye to this guy! What became of Elon Musk over the last month or two? After being embarrassed in a Wisconsin election and struggling to cloak his displeasure with Trump's global tariffs, Musk drifted away from full-time Washington work to boost his lousy stock prices. This week, Musk's official time in Washington was formally severed, and he expressed regret for getting so deeply involved in politics in the first place. The announced exit came shortly after he gave one interview too many, telling CBS that he was 'disappointed' with House passage of the One Big, Beautiful Bill Act—OBBBA—and that it 'increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing.' This was very far from the message the administration is trying to present. Musk expressed frustration in some exit interviews. 'The federal bureaucracy situation is much worse than I realized,' he told the Washington Post. 'I thought there were problems, but it sure is an uphill battle trying to improve things in D.C., to say the least.' We'd like to add here: Duh. Next time, he should consider learning how representative democracy works. You cannot waltz in and cancel whichever congressionally appropriated funding or shutter whatever bureau that doesn't float your boat, calling all those who disagree evil. You have to make a public case and persuade Congress to act. We wish him the best blowing up rockets in the Texas sky and taking his beloved drugs. The New York–based federal court struck down most of Trump's tariffs on Wednesday, arguing that the emergency law Trump had invoked—the International Emergency Economic Powers Act—does not confer to the president the 'authority to impose unlimited tariffs on goods from nearly every country in the world.' This means that both the 'Liberation Day' 'reciprocal' tariffs Trump placed on nearly every country in April and the 'fentanyl' tariffs he had announced for Mexico, Canada, and China in February would be 'vacated and their operation permanently enjoined.' An appeals court temporarily paused the ruling from going into effect the next day. This will play out in court over the coming weeks and months. And Trump still has other laws he can abuse for certain tariffs. But even if the tariffs were paused for good, something about this win against the dumbest economic decision a president has made in many years still wouldn't sit right with us. It leaves too many powerful grown men off the hook. Congress can use this as another excuse to wimp out on taking back its tariff authority, which it is obligated to do. The Trump administration can dodge the consequences of its actions, and can blame evil globalist judges once again for not letting True Trumpism be tried. We have little doubt the court's decision is right—IEEPA certainly wasn't meant to be used this way—but our leaders are being denied the more bruising education they deserve. Trump did indeed blame these evil globalist judges for not letting True Trumpism be tried, asking, in a lengthy social media post, 'How is it possible for them to have potentially done such damage to the United States of America? Is it purely a hatred of 'TRUMP?' ' The administration has been on the losing end of a lot of court decisions these past few months, but this one snapped something in the president. He ranted about what a mistake it was to use the conservative Federalist Society's appointment recommendations, saying he was 'disappointed' in their 'bad advice,' and called its architect for remaking the judiciary, Leonard Leo, 'a bad person who, in his own way, probably hates America.' Trump has only just begun nominating judges for his second term, and the first handful were fairly run-of-the-mill conservative lawyers. This week, though, he made his most controversial pick so far: Emil Bove, Trump's former personal attorney who's served in the Justice Department since the start of the administration, for a circuit court vacancy. You may recall Bove from his role in orchestrating the corrupt pardon of New York City Mayor Eric Adams, a move that prompted numerous prosecutors to resign from the DOJ. He also ordered a purge of Jan. 6 prosecutors and an investigation of FBI agents who worked the cases. He's widely understood to be unpleasant—but loyal to Trump. We expect this to be the new model going forward. No longer will Trump rely solely on impeccable conservative credentials as presented by the Federalist Society or another outside group. Instead, he'll turn to his pool of henchmen and try to browbeat them through Senate confirmation. There's been a meme (truism?) going around financial circles about the 'TACO' trade, which stands for 'Trump Always Chickens Out.' First coined by the Financial Times, it refers to the reliable pattern that Trump will always back off of his shocks to the market once the pressure becomes too much. For example: Implementing 145 percent tariffs on China, and then relaxing that because an effective trade embargo between the world's two largest economies is unsustainable. Bless the White House reporter who finally asked Trump what he thought about the term this week. 'Oh, I chicken out. Isn't that nice? I've never heard that,' Trump began. He told called the question 'nasty' and told the reporter, 'don't ever say what you said,' because 'that's a nasty question. To me, that's the nastiest question.' It may only be a matter of time before the Justice Department announces that usage of this term is a hate crime punishable by death. Paul Walczak was a nursing home executive who pleaded guilty late last year to charges of using his employees' withheld earnings to buy a yacht, fancy clothes, and things of that nature. He was sentence to 18 months in the slammer and ordered to pay $4.4 million in restitution. Then his mother—who was separately intimately involved in exposing Ashley Biden's diary—donated $1 million to have dinner with Donald Trump. Walczak was pardoned a few weeks later. Not great. In fact, some would call this bad. Trump's pardons were frequent this week. He gave clemency to an Illinois gang leader, a former governor of Connecticut, an ex–Staten Island congressman, and a tax-fraud reality television couple. If you're MAGA—and ideally if you put a chunk of money into a Trump fund—a pardon has never been more available. Just look, for example, at the debasement that former Democratic Sen. Bob Menendez, scheduled to report to jail in June, is subjecting himself to. This spree comes as the former interim U.S. attorney for the District of Columbia, 'Eagle' Ed Martin, assumes his new role as a pardon attorney at the DOJ. And his message this week? 'No MAGA left behind.' It's all out in the open. The good ol' boy life is alive and well in Alabama. Consider Sen. Tommy Tuberville, who this week announced that he would run for governor instead of another term in the Senate. Will he face a difficult primary? Will he have to work? Without even googling, we're going to guess: No. He'll be fine. He always is! Tuberville, a former college football coach, first won his seat in 2020. He went on to achieve very little, and earned his most public attention by holding up military promotions for months at a time. But he slapped a lot of backs, gave a folksy 'I'm just a football coach' response when asked policy questions he didn't understand, and never once questioned Trump on anything. He'd show up for hearings and votes, sure, so long as they didn't conflict with golf tournaments he was either attending or playing in. It's unclear whether he spends more time at his modest house owned by family members in Alabama or his $6 million beachfront mansion in Florida, but … given the way we just described the difference between the two houses, is it that unclear? That could make him vulnerable to a residency challenge ahead of his gubernatorial candidacy, but he could always just set the challengers up with some nice football tickets and make it go away. He'll be fine. Once he's governor, having won on a platform of getting boys out of girls' sports, bathrooms, and other girl stuff, he'll get to play golf six times a week without having to worry about flying to Washington every few days. It's his destiny. We'd like to thank the Iowa senator for stepping up at the end of the week to provide us with a solid seventh entry. At a town hall event in her home state, Ernst—who's up for reelection in 2026 in a state that Democrats, given their limited pickup options, haven't entirely given up on—was being jeered and heckled by the usual sorts of 'TRUMP'-haters and losers, largely about the OBBBA's proposed cuts. In what was a perfect moment of an elected official losing her patience with the rabble and their slogans, an audience member said that people would die because of the cuts, and Ernst replied, 'Well, we all are going to die.' We strongly encourage you to watch the clip, maybe 50 or 60 times like we have. She is so annoyed with these people! Congratulations to the Democrats on securing a clip for the next year and a half of campaign ads; they should be able to cut her winning margin from 11 to 8 now.
Yahoo
7 days ago
- Business
- Yahoo
Surge Energy America Announces the Company's Ten-Year Anniversary
HOUSTON, May 30, 2025 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge Energy" or the "Company") today announced the Company celebrated its tenth anniversary of the Company's founding. Surge Energy was founded in May 2015 and has made a meaningful impact to the energy industry, the Texas economy, and the local community. Since its inception, the Company has contributed over $11 billion to the Texas economy, including cumulative oil and gas revenues, royalty and working interest payments, and production taxes. Surge Energy has also made a meaningful impact on jobs in Texas. Surge employs approximately 1,000 Texans directly and indirectly through service providers, partners, and vendors. In total, the Company has produced over 200 million gross operated barrels of oil equivalent which was accomplished through continuous growth due to substantial capital investment of over $6 billion including acquisitions and ongoing development activities. Additionally, the Company has been a pioneer in freshwater conservation. Beginning in 2017, the Company has been recycling produced water for completion operations which conserves freshwater and reduces operating expenses. Since the commissioning of the Company's fourth recycle facility in July 2022, 100% of completions in the Company's core Moss Creek acreage position have utilized recycled produced water. In total, the Company has conserved over 6.8 billion gallons of freshwater. The Company has also eliminated substantial emissions through operational excellence, innovation, and investments in emissions-eliminating infrastructure. This includes water infrastructure which eliminates water hauling truck trips, electrical infrastructure which connects wells to grid power and eliminates the need for generators, and the use of dual fuel completion equipment which reduces the use of diesel fuel by substituting compressed natural gas (CNG). In total, the Company has eliminated 418 thousand metric tons of CO2e. "I am proud of the substantial impact Surge has made on the state of Texas and the energy industry in our brief history," stated Chief Executive Officer Linhua Guan. "These impacts and accomplishments were driven by the hardworking people of Surge and we remain committed to continuing the growth of Surge in a responsible manner." About Surge Energy Surge Energy is an independent oil and natural gas company focused on the development, exploitation, production and acquisition of oil and natural gas reserves in the Midland Basin of West Texas, one of three primary sub-basins of the Permian Basin. The Company is headquartered in Houston, Texas, and currently holds approximately 173,000 net acres in the Permian Basin as of March 31, 2025. For more information, visit our website at Contact Information Investor RelationsEmail: InvestorRelations@ 832-333-2400 View original content to download multimedia: SOURCE Surge Energy Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
26-05-2025
- Sport
- Hamilton Spectator
First quarter ‘Surge' carries Calgary to first win on home court
Tenacity, a familiar opponent and scrappy play carried the Calgary Surge to their second straight victory against the Winnipeg Sea Bears, a 93-61 win. Their home-opening 32-point victory was the largest margin of the year, pushing their overall record to three wins and one loss. The team's dominance was encapsulated by a third-quarter Greg Brown III fast-break dunk, a basket that increased the team's lead to 29 points. Surge head coach Kaleb Canales said the team fed off the home-opener's energy. 'A game is tough to win, home or road. We absolutely love our fans and the energy they bring,' he said. 'We had circled this day because we knew it was our home opener and it was going to be special.' The game wasn't all sunshine and rainbows for the Surge, as Brown III fouled-out of the game after receiving his fifth foul, a technical, after an altercation with Sea Bears player Emmanual Akot with just under five minutes left on the clock. 'I'm literally just trying to get to my spot. So, I'm like, 'move because you're in my way,' and then he just starts cussing at me for something,' Brown said, describing the altercation . 'I'm looking, they (the referees) say double technical. I'm like, 'I didn't say anything, but how (you) gonna call me for a technical (when) I didn't say anything.' Without Brown III, the game was held in the hands of 'Rugzy' Miller-Moore, after he was fouled with a single point remaining before the team hit the target score. After hitting his shot and clinching the victory for his team, Miller-Moore said he was happy he didn't air-ball another shot. 'It feels good to win, however fashion,' said Miller-Moore, who recorded his 200 CEBL assist in Sunday's game. 'I went for the three, I air-balled that, I air-balled a free throw earlier in the game, so I'm just glad I was able to hit the biggest free throw of the game to seal the game and go home.' After the victory, players including Brown III and Miller-Moore stayed on the floor, giving autographs and taking pictures with lucky fans. The fan reception at the home-opener, along with the team's Be-Well exhibition game , is not the worst thing for Brown III. 'I love it, to be honest. In Mexico City, they show love, America, they show love. Coming to Canada, the other part of North America is great,' he said. 'I'm on my North American tour right now.' Miller-Moore said that the 2025 home-opener 'felt different.' 'Last year, our home opener at the Saddledome was a little wonky, just because of the presentation and stuff like that,' he said. 'We had a little presentation today and some guys were losing focus, but we came out strong, I'm glad they didn't let that affect them.' However bleak for Surge fans, the team's opening games away from home helped connect a mostly unfamiliar group. Canales said that team chemistry has been 'a big' part of the team's success so far. 'We want to use it to our advantage. You're together at airports, you're together at meals and we wanted to use that as an opportunity to build chemistry,' he said. 'It's connected us early, we've been at airports, on buses, on Ubers, we've been together.' Brown III said that being with your teammates off the floor directly impacts on-court production. 'Doing things with your teammates actually helps you build chemistry. Now let's say you're my teammate, he messed up something, he knows you have his back in the game, but you have my back in life,' he said. As a new roommate of Jameer Nelson Jr., Brown III said the pairing mostly keep to themselves. 'I just let him be him, he lets me be me, we co-exist,' he said. 'Day to day, cleaning, cooking, we don't even say anything, he'll tackle the dishes, I'll tackle the stove top clean up, we just on one accord.' For a full-game box score, visit The team continues their season Thursday, against the Brampton Honey Badgers .
Calgary Herald
25-05-2025
- Sport
- Calgary Herald
NBA cousins — including MVP SGA — help inspire Calgary Surge's Javier Gilgeous-Glasgow
Javier Gilgeous-Glasgow prepared for the Calgary Surge's home-opener Sunday afternoon in usual fashion … Article content Article content But with one important twist. Article content The young basketball talent paired his pre-game gym work and stretching with must-see Saturday evening TV — his two cousins battling against each other in Game 3 of the NBA's Western Conference Finals. Article content 'I just watch them play,' said Gilgeous-Glasgow, of superstar Shai Gilgeous-Alexander of the Oklahoma City Thunder and veteran guard Nickeil Alexander-Walker of the Minnesota Timberwolves. Article content Article content 'Can't really cheer for no one,' continued the Surge newcomer. 'But anytime they have the ball or they score or make a good play — get a stop — I'm cheering for them.' Article content Article content Gilgeous-Glasgow's not only watched them grow into the NBA stars that they are, he has learned firsthand from playing alongside them what it takes to make it to the big leagues. Article content In fact, the 23-year-old credits his first cousins for helping him find his own path to the pros — to the Surge and the Canadian Elite Basketball League after being selected by the Calgary club in the 2025 CEBL Draft. Article content Gilgeous-Glasgow and the Surge (2-1) squared off in a Sunday matinee against the Winnipeg Sea Bears (1-1) in the 2025 home debut at WinSport Events Centre. The game was a rematch of Friday's 98-86 victory by the Surge in Winnipeg. Article content Article content 'It's just an amazing opportunity for the family,' said Gilgeous-Glasgow of the NBA battle at hand — now 2-1 for OKC in the best-of-seven after Saturday's Game 3 143-101 victory by the host T-wolves. Article content Article content 'It's just an amazing opportunity here in the Western Conference finals. Everything that they've worked for their whole life is coming to fruition, and I love that for them. As a fan, I love what they're doing for Canada basketball. They're both putting Canada basketball on the map. Article content 'And it's just great for my family knowing that, right now, we could say the best player to come out of Canada is my cousin.'
Winnipeg Free Press
24-05-2025
- Sport
- Winnipeg Free Press
Surge overpower Sea Bears
It reached a point where players of the Calgary Surge were more concerned about how many points they had individually rather than the lead they were building. A stats check during a 34-14 run in the third quarter should've been the last thing on players' minds, yet there they were on Friday evening. It was that kind of night for the Winnipeg Sea Bears. BROOK JONES/FREE PRESS Sea Bears forward Jaylin Williams (centre) shoots over Surge guard Jameer Nelson Jr. (right) Friday night at Canada Life Centre. While the hosts never showed any signs of waving the white flag, a 98-86 loss to the Surge before 7,475 at Canada Life Centre left the Sea Bears with questions about their extended lapses for the second game in a row. 'We knew coming in that it would be a test of us athletically. Calgary is a really athletic team. And give them credit, we played their game today,' said head coach Mike Taylor. Jameer Nelson Jr. hit the game-winning free throw to improve the Surge to 2-1 on the young season in the Canadian Elite Basketball League. Winnipeg dropped to 1-1. 'It was a transition game. It was fast-paced. They drove strong at us (in) one-on-one situations. I think for our guys, we started the game a little bit slow. Like we said to them early in the game, they punched us in the mouth early, and how do we respond to that?' Taylor added. 'It took us a while to get going, the physicality and pressure defence that they played, we did not get the same quality of shots that we did, say, in the first game, and that kind of sputtered our offence a bit at times.' The Sea Bears had their moments but got in their own way more times than not. A few numbers that will jump out: outscored 22-3 in fast-break points and 58-38 in points in the paint. Jaylin Williams paced Winnipeg's offence with 21 points in 29 minutes. Meanwhile, Terry Roberts supplied a 16-point, 10-rebound double-double, while Tevian Jones supplied 16 points. 'Nothing really surprised me much,' Williams said. 'We've been preparing for — they like to drive, they're a driving team, which we struggled with tonight and helping each other out and being there for each other. That's something that we got to improve on.' Surge guard Sean Miller-Moore led the charge for the visitors with 29 points in 38:05 of play time, both game-highs. Fellow guard Nelson Jr. chipped in with 25 points, seven rebounds and three steals. 'In the first quarter they came out very aggressive. They played very physical,' said Emmanuel Akot, who finished with 10 points and three rebounds. 'We went down, fought back, but when you create a deficit like that, it's always hard to win games, so I think we just need to start out quarters better, especially in the first and third.' The Surge held leads of 27-14, 48-47 and 81-61 at the end of each of the first three quarters. For the second game in a row, Williams scored the first basket, and the Sea Bears jumped out to an early lead. Unlike their previous contest, this one didn't last long. BROOK JONES / FREE PRESS Sea Bears forward Solomon Young (left) and guard Geoffrey James (right) battle for the ball with Surge forward Greg Brown III (on floor) Friday night at Canada Life Centre. The Surge offence began to cut through the Sea Bears' defence like a hot knife through butter, racking up 24 points in the paint to the host's eight and scoring 12 fast-break points to Winnipeg's zero in the opening frame. While Calgary opened the game with a 23-11 run, Winnipeg went through a dry spell on offence that lasted more than four minutes. It finally ended with a three-pointer from Solomon Young. The Sea Bears came alive in the second quarter with a unit led by Roberts and Akot. A pair of sweet buckets from Roberts and a make from long range from Akot sparked a 22-12 run for Winnipeg to open the second quarter. Things began to unravel for the hosts in the third quarter as Calgary opened the game up on a 14-0 run, which proved to be enough as Winnipeg's shots struggled to fall. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Calgary entered Target Score Time with an 89-74 advantage. 'Definitely lapses,' said Akot. 'Definitely got to work on that. Last game, giving up a big lead, and this game, giving them a big lead. We're still a new team. We've only been together for a short period of time, so we learn from this as the season continues to go on. We just keep getting better. Yeah, a learning experience.' Winnipeg was still without standout centre Simi Shittu, who remains with Promitheas Patras of the Greek Basketball League. The Sea Bears and Surge will complete the second of a home-and-home in Calgary on Sunday (3 p.m. CT). Joshua Frey-SamReporter Josh Frey-Sam reports on sports and business at the Free Press. Josh got his start at the paper in 2022, just weeks after graduating from the Creative Communications program at Red River College. He reports primarily on amateur teams and athletes in sports. Read more about Josh. Every piece of reporting Josh produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. 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