The WSJ reports that crude imports in the U.S. are on the rise because that's where storage space is still available: "The rest of the world is
WTI Implied Volatility Update…
Implied volatility settled below 40% last week... Here is the chart for at the money, second nearby options: For April, WTI options traded an
Saudi Arabia’s post-oil future… The Economist
Here is the Economist: "The outlines of the announcement, which has generated much anticipation, had been well trailed. They included: the floating
The Trouble With GDP… The Economist
The Economist does an excellent job laying out the many issues in measuring GDP and using it as a measure of prosperity
The end of coal…
I pulled this chart from a NY Times article, which shows the rapidly declining share of the use of coal for producing electricity: Here is the
U.S. Corporate Profits on Pace for Third Straight Decline… WSJ
It's all in these two charts: Note that the chart is a "blend of actual and estimated results".... Exxon and Amazon's actual earnings are not in
EIA updated country analysis: Iraq
The EIA has updated its country analysis on Iraq.... Here are some charts: "Iraq's crude oil production grew by almost 1.5 million barrels per day
U.S. Natural Gas Imports/Exports… EIA
The EIA reports that net imports of natural gas are at the lowest levels since 1986... Note that pipeline exports to Mexico have increased: "In
Eurozone Economy Above Pre-crisis High… NYTimes
Here is a nice chart from the NY Times showing Eurozone GDP growth since 2008: "The potential growth rate in Europe is probably 1 percent,” Mr.