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• ☕️What Else is Brewing Monday Morning
  Israeli centrist leader says he’ll quit if no postwar plan...
  Israeli centrist leader says he’ll quit if no postwar plan is presented. Benny Gantz, one of three members of Israel’s war cabinet, gave Prime Minister Benjamin Netanyahu an ultimatum: Either you present a plan for what happens after the war in Gaza, or I quit in three weeks. The ultimatum reveals widening divisions within Israel’s leadership. Last week, the third member of the war cabinet, Defense Minister Yoav Gallant, also criticized Netanyahu for not presenting a postwar blueprint. Gantz put forth a six-point plan of his own, but Netanyahu said it would mean Israel losing the war.
  
  President Biden delivered the commencement address at Morehouse College and acknowledged students’ anger over the Israel–Hamas war.
  
  Disneyland character- and parade actors voted overwhelmingly to unionize.
  
  Xander Schauffele won the PGA Championship, his first career major victory.
  
  Manchester City is inevitable—the club won an unprecedented fourth straight Premier League title.
  
  A city in Texas named Kyle attempted to set the Guinness world record for the most Kyles in one place. While 706 Kyles gathered on Saturday, they came up well short of the record set in Bosnia in 2017 with 2,325 Kyles.
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• Funds use AI, satellites to track Freeport LNG plant
  The Freeport Liquified Natural Gas plant is essential to one of the most...
  The Freeport Liquified Natural Gas plant is essential to one of the most important commodity markets, liquefying up to 2% of the US's daily gas production. Its importance has forced commodity traders to turn to any available data on potential disruptions, including satellite photos, leveraged machine learning and thermal images to determine the state of the plant.
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• US drillers add oil and gas rigs for first time in four weeks
  This week, U.S. energy firms added oil and natural gas...

  This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.

  
  

  The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17.  Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.

  
  

  The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.

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• ☕️What Else is Brewing Saturday Morning
  Severe storm in Houston knocks out power, kills at least seven. Thunderstorms...
  Severe storm in Houston knocks out power, kills at least seven. Thunderstorms that unexpectedly brought 100-mile-per-hour winds to Houston Thursday night left at least seven people dead and knocked out power to 900,000 homes and businesses. As of yesterday, some 650,000 remained without power across the area, many of whom might not see it restored for weeks. Gov. Greg Abbott said the state’s utility commission was working with energy providers to get power back as quickly as possible, with temperatures expected to reach the 90s this weekend.
  
  The Israeli army said it had found the bodies of three hostages killed during Hamas’s Oct. 7 attack, including 22-year-old Shani Louk, whose image was widely shared after the incident.
  
  GameStop stock plunged yesterday after the recently reinvigorated meme stock filed to sell 45 million new shares and revealed that sales were down last quarter.
  
  Supreme Court Justice Samuel Alito is facing calls to recuse himself from cases involving the January 6, 2021 riot after reports that an upside down American flag was flown outside his home in sympathy with Donald Trump’s “Stop the Steal” movement.
  
  A surveillance video obtained by CNN appears to show Diddy assaulting his then-girlfriend Cassie Ventura in 2016.
  
  Microsoft reportedly plans to release the next Call of Duty on its subscription service the day it drops, a change from how Activision sold the popular game that could leave hundreds of millions of dollars in game sales on the table.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for June delivery...
  Benchmark U.S. crude oil for June delivery rose 83 cents to $80.06 per barrel Friday. Brent crude for July delivery rose 71 cents to $83.98 per barrel.
  
  Wholesale gasoline for June delivery rose 3 cents to $2.57 a gallon. June heating oil rose 5 cents to $2.49 a gallon. June natural gas rose 13 cents to $2.63 per 1,000 cubic feet.
  
  
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