Dollars and Sense
The U.S. Strategic Petroleum Reserve (SPR) is not completely empty, but it has been drawn down to critically low levels not seen since the...
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Dollars and Sense
Percy Spencer invented the microwave oven at Raytheon after a chocolate bar in his pocket melted near an active radar magnetron in 1945. Spencer...
Dollars and Sense
The “Fat Leonard” scandal is the largest corruption scandal in US Navy history. Centered on Leonard Glenn Francis, a 350-pound Malaysian defense contractor who...
Dollars and Sense
The Soviet Union built the Tupolev Tu-144 supersonic transport to compete with the Anglo-French Concorde. The aircraft was nicknamed “Concordski” in the West. The...
Dollars and Sense
Kawasaki Heavy Industries has begun commercial sales of the world’s first large gas engine that can burn up to 30% hydrogen blended with natural...
Dollars and Sense
The USS Enterprise (CVN-65) was the world’s first nuclear-powered aircraft carrier. Launched in 1958, it served the U.S. Navy for 51 years. The Big...
Dollars and Sense
The Bradley Fighting Vehicle made its operational debut with the U.S. Army 45 years ago. Critics said it would fail. The vehicle spent 17...
Dollars and Sense
It has been ten weeks since the first U.S.-Israeli strikes on Iran, and the global economy is still awaiting the full bill. Iran’s deliberate...
Dollars and Sense
Saudi Aramco CEO Amin Nasser warned Monday that the world is losing approximately 100 million barrels of oil per week. Tanker traffic through the...
Dollars and Sense
The Strait of Hormuz has been effectively closed for over two months due to the Iran war. The damage is spreading well beyond oil...