From OPEC's Monthly Oil Market Report, here are changes in supply for selected countries in 2017 and 2018: And here are recent OPEC oil
“The oil market is clearly tightening”… IEA
The IEA’s monthly Oil Market Report is out... “The oil market is clearly tightening; in the three consecutive quarters 2Q17-4Q17 OECD crude stocks
U.S. fossil fuel production… EIA
The EIA’s Today in Energy has some excellent charts on fossil fuel production... Note production of HGL’s!
Venezuela’s Oil Production is Collapsing… WSJ
More bad news for Venezuela... Here is the Wall Street Journal: “Production fell 216,000 barrels a day to 1.6 million in a month to December, the
Pipeline Builders New Growth Strategy… WSJ
Because of local opposition to new pipelines, builders are adding capacity to old pipes... Here is the Wall Street Journal: ”As environmentalists
Brent net-length at record highs… Bloomberg
Yikes! Here is the link...
Ben Carlson’s updated asset allocation chart…
His blog, the excellent “A Wealth of Commom Sense”, is here and always shows up at the top of polls: And here are returns without
GDPNowcasts show robust growth for Q4…
The dueling GDP Nowcasts of the NY and Atlanta Feds show robust growth for 4Q17: Here is Atlanta at 3.3%: New York is at
$70 Oil, but OPEC Should Keep Cool… Bloomberg
From Julian Lee, at Bloomberg: ”To be sure, stronger-than-expected demand growth helped producers to drain excess stockpiles in 2017, and OPEC is