From Vox, here...
Econometrics, energy markets, interest rates… Beckworth/Hamilton conversation
David Beckworth of Macro Musings talks with Jim Hamilton on econometrics, energy markets and low interest rates here... ”Jim Hamilton is a
Fuel theft in Mexico… The Economist
Here is The Economist on Mexico’s problem with fuel theft (and soaring murder rates): “Gangs from nearby Jalisco and Michoacán moved into the state
Moneyball meets horse racing… Bloomberg
The whole thing is excellent: https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code
Stock levels vs. 5 year averages… EIA
Here is an update of oil, gasoline and distillate stocks from This Week in Petroleum...
New York State ISO Market Data…
Here is a snap shot of marginal power prices in different areas of NY State... Anyone know what causes this? (Here is the link to
30 year Vol chart (VIX)… M&G
Nice vol chart from M&G here...
Oil benchmark needs more oil… WSJ
Here are Sarah McFarlane and Christopher Alessi, WSJ, on the decline in oil production streams that support the Brent futures contract: ”The widely
US Oil Production… EIA
Today’s release of the EIA’s Monthly Production Report shows record levels of production (here): Here are comparisons to last month and last