THE NEWS

China Accelerates Ultra-Deep Drilling To Boost Domestic Oil Supply

Submitted By Tsvetana Paraskova of OilPrice.com,

China is accelerating efforts to produce more oil from ultra-deep formations to boost domestic supply amid continued global market turmoil.

State-owned giant PetroChina has produced more than 26 million tons of oil equivalents from reservoirs dug 6,000 meters (19,685 ft) below the surface in the Hade-Fuman oilfield in the western region of Xinjiang, state media report.

Reservoirs at 6,000 meters and deeper are considered ultra-deep and more expensive and technologically challenging to drill.

China has drilled a total of 485 ultra-deep wells at the Hade-Fuman oil field, which has become the biggest desert oilfield in China and a base for ultra-deep oil and gas exploration and production.

In recent years, the world’s top crude oil importer has accelerated exploration of domestic resources, including in ultra-deep formations and shale reservoirs as it aims to reduce its dependence on imported crude supply.

Chinese state oil giant Sinopec is opening a major ultra-deep shale gas play after obtaining official government approval for proven geological reserves of 235.687 billion cubic meters in the Ziyang Dongfeng field in the Sichuan province.

China Petroleum & Chemical Corporation, or Sinopec, as it is more commonly known, announced in May that the Ministry of Natural Resources of China approved its reserves validation at the shale gas field, marking the creation of China’s first ultra-deep, 100-billion-cubic-meter-level shale gas field.

In recent years, Sinopec has been actively exploring and certifying growing volumes of shale oil and gas reserves in China’s onshore basins, despite technically and geologically challenging terrains and ultra-deep formations.

Despite the challenges, shale exploration is an important part of China’s push to boost its domestic oil and gas production in a bid to reduce its significant exposure to imported hydrocarbons.

Despite a rather diversified base of suppliers in both oil and gas, China has made it a priority to increase its degree of self-reliance in hydrocarbon energy, alongside its alternative energy growth.

Tyler Durden
Thu, 10/08/2026 – 20:55

Protests erupted in the Bronx on Thursday evening after an ICE agent shot and wounded an illegal alien from the Dominican Republic in Marble Hill.
Video posted to social media shows anti-ICE activists blocking federal vehicles and confronting ICE agents after the officer-involved shooting.
The Department of Homeland Security confirmed an ICE agent shot a criminal alien gang member in the Bronx on Thursday.
“On October 8, at approximately 4:00 PM ET, ICE officers were conducting a targeted enforcement operation in the Bronx, New York, to arrest a criminal illegal alien from the Dominican Republic with a prior criminal conviction for grand larceny, and multiple prior arrests for assault, robbery, possession of drugs, and weapons possession. He has associations to the Trinitarios gang. The same gang who brutally killed a CBP officer last year,” the DHS said.
“This criminal illegal alien was arrested by the NYPD on December 7, 2023, but was released into the community a few days later by reckless Democrat sanctuary policies that put American lives at risk,” they said.
“During the incident, an ICE officer discharged his weapon and the criminal illegal alien was injured.”
“ICE officers immediately rendered aid. The individual is alive and at a local hospital. The FBI and HSI are on the scene. The incident remains under investigation. More information will be shared as it becomes available.”
“When dangerous illegal aliens are released back onto the streets by radical sanctuary politicians, our officers are forced to make arrests at large in the community in unpredictable and dangerous environments. Our officers should not have to risk their lives, and innocent Americans should not have to face unnecessary danger, because sanctuary politicians refuse to cooperate with federal law enforcement,” the DHS added.

On October 8, at approximately 4:00 PM ET, ICE officers were conducting a targeted enforcement operation in the Bronx, New York, to arrest a criminal illegal alien from the Dominican Republic with a prior criminal conviction for grand larceny, and multiple prior arrests for assault, robbery, possession of drugs, and weapons possession. He has associations to the Trinitarios gang, the same gang who brutally shot a CBP officer last year.
This criminal illegal alien was arrested by the NYPD on December 7, 2023, but was released into the community a few days later by reckless Democrat sanctuary policies that put American lives at risk.
During the incident, an ICE officer discharged his weapon and the criminal illegal alien was injured.
ICE officers immediately rendered aid. The individual is alive and at a local hospital. The FBI and HSI are on the scene. The incident remains under investigation. More information will be shared as it becomes available.
When dangerous illegal aliens are released back onto the streets by radical sanctuary politicians, our officers are forced to make arrests at large in the community in unpredictable and dangerous environments. Our officers should not have to risk their lives, and innocent Americans should not have to face unnecessary danger, because sanctuary politicians refuse to cooperate with federal law enforcement.
— Homeland Security (@DHSgov) October 9, 2026

Communist Mayor Zohran Mamdani fanned the flames after the ICE-involved shooting and called for ICE to be abolished.
Full statement from Mamdani:
This afternoon in Marble Hill, a New Yorker was shot by an ICE agent in a residential neighborhood. Early reports indicate agents surrounded him and a 5-year-old child in his car before firing multiple rounds. We believe the child was physically unharmed.
This is an unconscionable and incredibly serious situation. I have called the President; when we speak I will demand that he ends all ICE enforcement actions in our city. I will not stand by while ICE agents terrorize our communities.
Our thoughts are with the injured New Yorker and his family tonight. We are praying for his recovery.
Get ICE out of our neighborhoods. Get ICE out of our hospitals. Get ICE off our streets. Get ICE away from our children.
Abolish ICE.

This afternoon in Marble Hill, a New Yorker was shot by an ICE agent in a residential neighborhood. Early reports indicate agents surrounded him and a 5-year-old child in his car before firing multiple rounds. We believe the child was physically unharmed.
This is an unconscionable and incredibly serious situation. I have called the President; when we speak I will demand that he ends all ICE enforcement actions in our city. I will not stand by while ICE agents terrorize our communities.
Our thoughts are with the injured New Yorker and his family tonight. We are praying for his recovery.
Get ICE out of our neighborhoods. Get ICE out of our hospitals. Get ICE off our streets. Get ICE away from our children.
Abolish ICE.
— Mayor Zohran Kwame Mamdani (@NYCMayor) October 8, 2026

The post JUST IN: Protests Erupt in NYC After ICE Agent Shoots Criminal Illegal Alien Gang Member from Dominican Republic appeared first on The Gateway Pundit.

Roseanne Barr has finished an eight-episode family comedy she shot without a network, eight years after Disney fired her from the “Roseanne” revival over a tweet.
The series is called “Meemaw.”

Christa Pike is “up and walking,” her attorney said Thursday, just over a week after her botched execution in Tennessee.

“We Can’t Be Part Of A Lost Generation”: Bolsonaro Wins Four Key Party Endorsements Ahead Of Brazil Runoff

In a postmortem published Wednesday on Sunday’s first-round Brazilian presidential election, Alberto Ramos, Goldman Sachs’ chief Latin American economist, described a “conservative wave” that swept the country, culminating in right-wing Senator Flávio Bolsonaro’s win over unhinged socialist President Luiz Inácio Lula da Silva.

Bolsonaro’s momentum continued mid-week after he secured endorsements from four center-right parties, strengthening his coalition ahead of the October 25 runoff election against Lula. 

Bloomberg reports that Uniao Brasil, Progressistas, Republicanos and Novo backed Bolsonaro on Wednseday, one day after former rival Ronaldo Caiado backed him. 

“We can’t be part of a lost generation,” Sao Paulo Governor Tarcísio de Freitas told Bolsonaro at a Republicanos event late Wednesday.

Freitas added, “We have to deliver on the work that your father started.”

Freitas is describing the nation-killing socialist policies of Lula and how a once-in-a-generation conservative sweep has shifted South America from left-wing to right-wing after years of economic despair under socialist rule. 

If Bolsonaro wins the runoff, it would cement the South American shift from left to right, with the continent’s largest GDP joining it. 

Goldman’s Ramos commented on the upcoming runoff:

Whether Senator Bolsonaro or President Lula wins, the next president will need to build a multiparty coalition. 

If elected, Senator Bolsonaro would likely need centrist support to form a governing coalition, but he would begin with a strong right- and center-right base (PL, PP, União Brasil, Republicanos, and Novo) for passing ordinary legislation. 

By contrast, a runoff victory by President Lula would likely leave his administration facing even greater challenges in Congress because of the larger conservative opposition bloc and the fact that his political capital will be limited because he cannot seek reelection in 2030.

Separately, David Beker, Bank of America’s chief Brazil economist, commented on the economic challenges for Brazil that lie just ahead, saying:

For markets, the key challenge following Brazil’s elections will be ensuring debt sustainability. Brazil’s gross debt-to-GDP ratio is set to increase by more than 10 percentage points during President Lula’s third term, making fiscal reform the top priority for the next administration to foster a more sustainable macroeconomic environment. 

We currently forecast debt-to-GDP at 83.0% by YE26, rising to 90.4% by year-end 2028. Stabilizing the debt trajectory would require a primary surplus of roughly 3.0% of GDP, implying an additional fiscal adjustment of approximately 3.5% of GDP, as we project the public sector balance to deteriorate to a deficit of 0.6% of GDP by YE28.

Meanwhile, the Brazilian real strengthened and the benchmark Bovespa stock index rallied sharply earlier this week, signaling the market has had enough with socialists and welcomes Bolsonaro, who would pursue greater fiscal discipline. The moves come as his economic team prepares to outline a plan to curb out-of-control spending under Lula’s administration.

UBS hosted Ideia Big Data on Tuesday and came to the consultancy firm assigned Bolsonaro an 85% probability of victory (read report).

Tyler Durden
Thu, 10/08/2026 – 20:30

An Arizona man was arrested Wednesday after allegedly sending an email threatening to carry out bombings at the White House and other locations in Washington, D.C., federal officials said.Jacob Aaron Hicks, 46, of Tucson, was charged with making an interstate threat to injure, the U.S. Attorney’s Office for the District of Arizona announced.According to the criminal complaint, Hicks allegedly emailed a local Tucson television station on Sept. 23, claiming that there would be an “imminent bomb strike against the White House and other locations in Washington, D.C.”After receiving the email, the station alerted law enforcement, prompting an investigation into the threat.FLORIDA MAN ARRESTED FOR ALLEGEDLY THREATENING TO KILL TRUMP, RUBIO AND BONDIAuthorities said they later identified Hicks as the alleged sender of the email.”We must take threats of violence like this one seriously,” U.S. Attorney Timothy Courchaine said in a statement.”I am grateful to our local news station for referring this threat to law enforcement, and to the FBI for addressing the situation quickly, professionally, and with the level of commitment it required,” Courchaine added.According to federal officials, investigators also discovered additional email drafts in the account linked to Hicks.OHIO MAN CHARGED OVER GRAPHIC THREATS TO KILL TRUMP, BEHEAD GOP LAWMAKEROfficials said the drafts, also dated Sept. 23, were addressed to other news organizations and contained similar threats involving the White House and other locations in Washington, D.C.The FBI is leading the investigation with assistance from the U.S. Secret Service.FBI Phoenix Special Agent in Charge Rebecca Day credited the news station for alerting authorities to the threat.”We appreciate the community partner who reported the threat to law enforcement. Cooperation and partnership are essential to protecting the American people,” Day said.The U.S. Attorney’s Office said Hicks made his initial appearance in federal court Thursday.

Ken Paxton drops Talarico wanted posters
Paxton has started placing wanted posters across Texas.
“Missing posters are popping up across Texas as the search continues. LAST SEEN: 12 days ago,” Paxton wrote on X this morning.  “Texans everywhere are asking: where is James Talarico?”

MISSING: James Talarico
Missing posters are popping up across Texas as the search continues.
LAST SEEN: 12 days ago.
Texans everywhere are asking: where is James Talarico? pic.twitter.com/t6SZG92fge
— Attorney General Ken Paxton (@KenPaxtonTX) October 8, 2026

In another post, Paxton wrote, “Michael Jordan played through the flu and won an NBA championship, but Low-T Talarico is too fragile to step out of the shadows with a cough.”
Paxton also trolled him with another wanted poster graphic that reads, “Use caution when approaching! Talarico is mentally fragile, easily overwhelmed, and prone to illness.”
“Jimmy appears to be having a full-blown mental Tala-freak-out on the national stage,” the Texas Republican wrote on X. “My campaign has a simple request: proof of life.”

Jimmy appears to be having a full-blown mental Tala-freak-out on the national stage.
My campaign has a simple request: proof of life. pic.twitter.com/pzCXWmpbdN
— Attorney General Ken Paxton (@KenPaxtonTX) October 8, 2026

Trump, in a statement, said they’re looking for Talarico in “probably even weirder places than anyone would think possible.” Perhaps he’s still at the Phoenix Bar in New York, the gay bar where he apparently held a September 30 fundraiser last week, right after Talarico’s September 28 fundraiser with TDS-infected actor Robert DeNiro and allies of NYC Mayor Zohran Mandani.
On September 30, Talarico appeared virtually at a United States Hispanic Business Council forum, where he claimed he had a so-called flu diagnosis while broadcasting from a hotel room– somewhere.
” I was starting to feel kind of under the weather a few days ago, and last night it got so bad that I went to the urgent care here in Dallas,” he said.
“And I was diagnosed with the flu, and so uh I’m running a fever, and I’m my most contagious uh right now.”
WATCH:

More than a week after his “diagnosis” and 12 days since his last in-person sighting in Texas, Trump’s wondering, “What’s going on?”
“12 days is a long time to rid yourself of the so-called flu bug,” Trump said.
“We need a Senator that’s a proven Champion like one that has been, without question, the Greatest Attorney General in the History of Texas, and one of the Greatest in the U.S.A. His name is Ken Paxton, and he will never let you down!”
TalaFREAKo has been missing for 12 days! Now, after looking for him throughout all of Texas, and beyond, probably even weirder places than anyone would think possible, he put out a statement that he has the “flu.” 12 days is a long time to rid yourself of the so-called flu bug. What’s going on? We need a Senator that’s a proven Champion like one that has been, without question, the Greatest Attorney General in the History of Texas, and one of the Greatest in the U.S.A. His name is Ken Paxton, and he will never let you down! Thank you for your attention to this matter. President DONALD J. TRUMP

Late on Wednesday night, Trump also commented on Talarico’s prolonged absence from the campaign trail, suggesting “bad rumors are coming out” and calling on him to debate Ken Paxton.
Talarico responded, claiming he’s ready to debate and saying to Paxton, “ball’s in your court.”
Trump: “TalaFREAKo is Missing in Action… Bad Rumors Are Coming Out” – Talarico Responds

The post Where’s Talarico? Trump Savages Talarico Over His “So-Called Flu Bug” as Paxton Places Missing Signs Across Texas appeared first on The Gateway Pundit.

“Last Critical Piece”: SpaceX Secures Spectrum Deal To Challenge Big Telecom

Major telecom stocks puked after hours after Elon Musk’s SpaceX announced it would acquire a portfolio of up to 14 MHz of paired low-band spectrum in the 800 MHz band, positioning Starlink to become a major mobile carrier in the US.

We announced an agreement to acquire a nationwide low-band spectrum license portfolio that will pave the way for @Starlink to become a major mobile carrier in the US. With this new spectrum and our Gen2 constellation, Starlink Mobile can ensure Americans have access to high-speed mobile broadband no matter where they are → https://t.co/1Uaf48v5pm
— SpaceX (@SpaceX) October 8, 2026
Musk wrote on X that the low-band spectrum represents “the last critical piece of the spectrum puzzle needed for SpaceX to provide complete phone coverage in America.”

This is the last critical piece of the spectrum puzzle needed for SpaceX to provide complete phone coverage in America
— Elon Musk (@elonmusk) October 8, 2026
“While Starlink Mobile’s global 2 GHz mid-band spectrum will provide high-bandwidth capacity in the United States, this new low-band spectrum will provide a coverage layer that ensures Starlink Mobile’s signal penetrates through obstacles, such as walls, and can provide service to customers’ devices even when they are in buildings. Critically, most existing mobile devices already support this underused band,” SpaceX noted.

Subject to Federal Communications Commission approval, SpaceX plans to combine its nationwide low-band spectrum license portfolio with its satellite-to-cell services, which the company said will enable “high-speed service directly to unmodified devices anywhere in the world.”

AT&T tumbled 7.3% in after-hours trading, while T-Mobile US and Verizon Communications each dropped 6.6% as of 5 p.m. New York time. SpaceX rose 1.5%.

Another piece of the puzzle:

SPACEX: Today, SpaceX was granted patent US 12,757,141 B1. A Starlink satellite talks to phones on the ground through many narrow beams at once. A phone near the middle of a beam is closer to the satellite than a phone at the edge, so its signal arrives a little sooner. Cellular networks expect those arrivals to line up. If they do not, calls and data can slip out of step. This patent is how SpaceX fixes this. For each short slice of time, the satellite measures how long the signal takes on every beam, using the distance from the satellite to a reference point inside that beam’s footprint. It then holds the faster beams in a buffer just long enough that every beam matches the slowest one. The phone sees one steady delay instead of a mix. The patent covers the satellite computer and the phased-array antenna that do this, plus the link from the satellite through a gateway into a normal mobile carrier’s network.
— S.E. Robinson, Jr. (@SERobinsonJr) October 6, 2026
TD Cowen analyst Gregory Williams recently told clients, “Any entry of SpaceX as a mobile carrier could be highly bearish for the wireless industry.”

Tyler Durden
Thu, 10/08/2026 – 20:05

The father of Logan Federico, a 22-year-old college student murdered during a home break-in, is demanding federal lawmakers close legal loopholes that allow career criminals back on the street.Stephen Federico is championing “Logan’s Law,” a legislative proposal that would mandate a public database for repeat violent offenders, force cross-county and interstate communication and hold prosecutors accountable when handling habitual criminals.The bill aims to eliminate systemic blind spots that allowed Logan’s accused killer, Alexander Dickey, to avoid long-term confinement despite a lengthy record.ONE YEAR AFTER IRYNA ZARUTSKA MURDER, VIOLENT CRIMES FUEL NORTH CAROLINA PUBLIC SAFETY DEBATE”This was preventable. And d—–, I’m not going to save just one more life,” Federico said Thursday during a South Carolina roundtable on crime reduction attended by U.S. Attorney General Todd Blanche. “I’m going to save thousands.”Federico pointed to broader systemic breakdowns, comparing domestic criminal justice failures to immigration enforcement gaps.TEEN’S TRAGIC KILLING BY ILLEGAL IMMIGRANT BECOMES FLASHPOINT IN BATTLE FOR CONTROL OF CONGRESS”We are fighting 15 million that crossed our borders — some horrific criminals, some not,” he added. “Now we’re also fighting the constant felon. How are we supposed to win without Logan’s Law?”Introduced by U.S. Rep. Russell Fry, R-S.C., and late Sen. Lindsey Graham, R-S.C., Logan’s Law has not yet formally come to the floor in either the House or the Senate.LINDSEY GRAHAM, SOUTH CAROLINA SENATOR WHO ROSE FROM SMALL-TOWN ROOTS TO GOP POWER BROKER, DIES AT 71″Common sense works. Common sense is easy,” Fry said, comparing the proposed legislation to existing public registries. “We have a sexual abuse registry that is publicly searchable. This is for violent crimes. It’s the same concept.”Attorney General Blanche urged lawmakers to move swiftly.”It took a tragedy to push it to the forefront,” Blanche said. “But that’s OK. I think the worst thing we could do is not act.”Blanche expressed hope for bipartisan support, adding, “I don’t think it’s a controversial issue. … I know President Trump supports it.”BIDEN ADMIN RELEASED ILLEGAL IMMIGRANT ACCUSED OF FATALLY STABBING FAIRFAX COUNTY MOTHERLogan Federico, a North Carolina college student, was staying with friends at a South Carolina home on May 3, 2025, when Dickey allegedly broke in.According to Columbia police, Dickey drove a stolen vehicle into the neighborhood, broke into one home to steal vehicle keys and a gun and then forced his way into the house where Federico was staying.Inside, Dickey allegedly stole credit cards and fatally shot Federico. Her father noted that she was awake during the intrusion.HOUSE DEMOCRAT BLASTED AFTER EARLY RELEASE LAW FREED INMATES LATER CHARGED WITH MURDER”He didn’t kill our daughter for a debit card,” Federico said. “She was the only one awake who could identify him. He killed a witness.”Dickey had an extensive criminal record dating back to 2013, including convictions for breaking and entering, burglary, grand larceny, strong-arm robbery, possession of a stolen vehicle and resisting arrest. Critics and authorities argue he slipped through the cracks of a lenient justice system.”What we do as a society right now is make the criminal more important than the innocent,” Federico said, criticizing progressive policies such as reduced sentencing and no-cash bail. “We have turned the page. We are the underdogs.”Fox News’ David Spunt contributed to this report.

The Guinness Open Gate Brewery in Halethorpe, Maryland, just outside Baltimore, will soon close, leaving the iconic Irish beer brand’s Chicago brewery as its only U.S. location.Nov. 1 will mark the brewery’s final day open to the public, leaving 174 Aramark employees out of work, as cited in a notice filed with the Maryland Department of Labor on Oct. 1.The move comes amid a $1 billion restructuring plan at Diageo, Guinness’ parent company.BREWERY THAT OFFERED FREE BEER WHEN TRUMP DIES FACES POSSIBLE CLOSURE AFTER STATE REVOKES ALCOHOL PERMITSSome teams at Diageo are losing 20% to 30% of their staff, Reuters reported in July.”This decision follows a careful review of our operations and long-term business priorities,” a Diageo spokesperson told Fox News Digital. “It is not a reflection of the passion, talent or dedication of our team, nor of the support we have received from consumers and the Baltimore community since we opened our doors in 2018.”Since opening in 2018, the Guinness Open Gate Brewery has welcomed more than 2 million visitors, according to a post on its Facebook page.CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTERThe brewery was the first to open in the U.S. since the Irish beer maker’s previous brewery in New York closed in 1954, FOX Business reported at the time.”It’s obviously a shame to see the Guinness brewery close in Maryland,” said Derek Brown of Drink Company, a Washington, D.C.-based hospitality consulting and events company.”However, I’m not surprised, in the sense that their core product remains Guinness, and now Guinness Zero,” Brown told Fox News Digital. “The brewery focused on experimental products which are interesting in themselves, but not necessarily primary drivers of Guinness’ business.”The experimental portion of the brewery allowed guests to concoct their own brews, and more than 700 beers were created over the years, according to the brewery’s Facebook post.But changing trends in alcohol consumption likely played a role in the decision, industry experts say.CLICK HERE FOR MORE LIFESTYLE NEWSNew research shows that U.S. alcohol use has declined for the first time since the COVID-19 pandemic, Fox News Digital recently reported.More Americans are also alternating between alcoholic and non-alcoholic beverages — a practice known as “zebra striping” — partly contributing to the decline, according to experts.TEST YOURSELF WITH OUR LATEST LIFESTYLE QUIZ”Our immediate focus is supporting affected colleagues through this transition,” a Diageo spokesperson said. “We are committed to treating our team members with respect and providing resources and assistance to help them navigate the change.”The spokesperson added that Guinness “remains one of our most important brands, and we are committed to investing in its long-term growth and success. While our Baltimore brewery will close, our commitment to bringing Guinness to consumers around the world remains as strong as ever.”