Billionaire Elon Musk is calling Prime Minister Justin Trudeau “an insufferable tool” in a new social media post on Wednesday. “Won’t be in power for much longer,” Musk also wrote about the prime minister on “X.” Musk was responding to a video posted of Trudeau, in which the prime minister described Kamala Harris’ U.S. presidential loss as a setback for women’s progress. “We were supposed to be on a steady, if difficult sometimes, march towards progress. And yet, just a few weeks ago, the United States voted for a second time to not elect its first woman president," Trudeau said during a speech at the Equal Voice Foundation Gala in Ottawa on Tuesday night. Elon Musk called Prime Minister Justin Trudeau 'an insufferable tool' on social medi. (Credit: X) Trudeau also said women’s rights and women’s progress are “under attack overtly and subtlety,” and that he “always will be a proud feminist.” Musk, who founded Tesla and space company SpaceX, has been tasked to co-chair U.S. president-elect Donald Trump’s new Department of Government Efficiency. He was also a prominent figure in Trump’s election campaign. Wednesday’s post is Musk’s latest swipe at the prime minister since Trump was re-elected in November. Responding to a user on “X” on Nov. 7 asking for Musk’s help to get rid of Trudeau, Musk wrote “He will be gone in the upcoming election.” The post also comes during at a tense time in Canada-U.S. relations. Trudeau has been facing social media jabs from Trump following the prime minister’s visit to Mar-a-Lago nearly two weeks ago to discuss Trump’s tariff threat. Last month, Trump threatened to impose a 25 per cent tariff on all Canadian imports on his first day in office unless Canada addresses his border security concerns. Following that meeting, U.S. network Fox News reported Trump joked during the dinner in Florida that if the potential tariffs would harm the Canadian economy — as the prime minister conveyed to him — perhaps Canada should become America's 51st state . Days later, Trump posted an A.I.-generated image to social media that depicted him standing next to a Canadian flag and overlooking a mountain range with the caption “Oh Canada!” In an interview on Sunday with NBC’s Meet The Press, Trump made another reference to Canada becoming a state. "We're subsidizing Canada to the tune over $100 billion a year. We're subsidizing Mexico for almost $300 billion. We shouldn't be — why are we subsidizing these countries?" Trump said to NBC News. "If we're going to subsidize them, let them become a state." And just yesterday, Trump appeared to be mocking Trudeau, calling him “ Governor Justin Trudeau ” in a post on Truth Social. "It was a pleasure to have dinner the other night with Governor Justin Trudeau of the Great State of Canada. I look forward to seeing the Governor again soon so that we may continue our in depth talks on Tariffs and Trade, the results of which will be truly spectacular for all!" Trump wrote. This week, Trudeau said Canada “will respond” if the U.S. moves ahead with a 25 per cent tariff. The federal government also says it will be adding more personnel and equipment resources, and show more visibility at the border in the wake of the tariff threat.
HOUSTON , Dec. 12, 2024 /PRNewswire/ -- Gravity Oilfield Services Inc. ("Gravity" or the "company"), a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. ("Clearlake"), announced today that it has agreed to sell its Gravity Water Midstream division to Delek Logistics Partners, LP (NYSE: DKL ) ("Delek Logistics"). Gravity Water Midstream provides gathering, transportation, recycling, storage, and disposal solutions for produced water in the Midland Basin in Texas and the Williston Basin in North Dakota . "The acquisition of Gravity Water Midstream by Delek Logistics creates a path to continue to build incredible scale in our water midstream platform in the Midland Basin," said Rob Rice , CEO of Gravity. "I am thankful to the employees of Gravity for their focus on service and dedication to building one of the largest commercial water management platforms in the Midland and Williston Basins. Building this water midstream platform would not be possible without the incredible support and partnership of Clearlake. I am excited to welcome in this new era for water management in the Midland and Williston Basins under the capable leadership of Delek Logistics." While Gravity is divesting its water midstream assets, the company will retain ownership and operation of its power infrastructure assets, continuing its commitment to providing critical power generation offerings. Clearlake and Gravity partnered in 2017 to pursue produced water midstream opportunities. Over the last several years, Gravity has focused on organically growing its water infrastructure business to support producers in the Midland and Williston basins, and its water business segment has quickly grown into one of the largest commercial operators of disposal wells in the Midland Basin. Gravity Water Midstream developed a system comprised of 200+ miles of permanent pipeline, 46 SWD facilities, and 14 fresh water facilities with over six million barrels of storage capacity, all of which form an extensive and interconnected network. "We valued the opportunity to partner with the Gravity team as they executed a vision to build a leading water midstream platform in the Midland and Williston Basins," said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner and Managing Director, of Clearlake. "We'd like to thank Rob and the entire Gravity Water Midstream team for their hard work and commitment to growing the business organically over the last several years." Piper Sandler & Co served as exclusive financial advisor and Vinson & Elkins LLP served as legal counsel to Gravity in connection with the transaction. About Gravity Gravity is a growth-oriented provider of energy infrastructure services to U.S. onshore oil and natural gas exploration and production companies, providing water midstream solutions, critical power generation offerings and other production focused services. Gravity has significant coverage density in the Permian Basin and benefits from a national footprint supported by facilities, operations and management personnel in several other key domestic resource plays including the Bakken, Eagle Ford, SCOOP/STACK, DJ Basin, Haynesville and Marcellus, among others. More information is available at www.gvty.com . About Clearlake Capital Group Founded in 2006, Clearlake Capital Group, L.P. is an investment firm founded operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S. ® The firm's core target sectors are industrials, technology, and consumer. Clearlake has over $85 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland , Singapore , and Abu Dhabi , UAE. More information is available at www.clearlake.com and on X @Clearlake . Media Contacts: For Gravity Heather Heacock , (281) 640-3043 Marketing Communication Manager [email protected] For Clearlake Jennifer Hurson , (845) 507-0571 Lambert [email protected] SOURCE Gravity Oilfield Services Inc.; Clearlake Capital Group