Bloomberg organizes in one chart some oil demand scenarios that are around from the IEA, OPEC, Exxon and BP: But the IEA suggests another
Oil production that could flood the natural gas market… WSJ
The Wall Street Journal discusses the spillover gas production expected to come from new oil production in the Permian: "The oil-rich Permian Basin
Why is wage growth so high? Neil Irwin, NY Times
Neil Irwin of the New York Times suggests we are asking the wrong question about wages: "Over the last 24 months through March, inflation has come
Economic Bump Looking Less Likely… NYTimes
The underrated NYTimes business section lays out US GDP possibilities here:
“Days supply” tightens for crude oil and distillates…
"Days supply" is simply stocks divided by daily demand... It is a useful measure that puts stock levels into context with consumption... Crude oil
Gasoline prices moderate heading into Memorial Day… EIA
Here is the price chart from This Week In Petroleum: "Gasoline demand has fallen from last year, putting further downward pressure on prices.
Fuel economy improvements to reduce future gasoline use…EIA
In the EIA's Today in Energy: "The net effect of these fuel economy trends is that light-duty vehicle energy consumption is projected to decrease
The markets frustrate OPEC… The Economist
From The Economist: Moreover, global demand this year has been weaker than expected. In a report this week, Roland Berger, a consultancy, argued
Saudi Arabia feeling the budget pressure… Reuters
I posted an EIA piece last week showing the decline in OPEC oil revenues over the past few years... Here is Andrew Torchia, Reuters, on the Saudi