The Econobrowser on why we don't see a boost to the economy from lower energy prices:
Energy as a percent of PCE… Calculated Risk
Energy expenditures as a percent of personal consumption expenditures (from Calculated Risk and the Bureau of Economic
Option notes…
Friday's sharp price rally brought out option traders in force...274,864 options contracts traded and probably most surprising to note is that the
Saudi Arabia’s Plan… Bloomberg
John Mickelthwaite and others at Bloomberg do an excellent job explaining Saudi Arabia's plan for a sovereign mega fund:
Oil slips… Reuters
Good commentary in a short piece from Reuters: http://mobile.reuters.com/article/GCA-Commodities/idUSKCN0X4029?il=0 "Oil exports from Iraq's
Bear market….
in NY City taxi medallions... The "Über Effect", from Carpe Diem: https://www.aei.org/publication/wednesday-afternoon-links-27/
US Oil Production
I was looking at the production numbers in the current Weekly Petroleum Status Report (http://ir.eia.gov/wpsr/overview.pdf) and noticed that the four
Cushing oil glut up close… Reuters…
I'm not sure Cushing, Oklahoma will ever make it into the book, "1,000 Places to Visit Before You Die", but after reading this article, I'll put it on
Northeast power, natural gas prices…EIA
The EIA does an excellent job examining winter power and natural gas prices in the Northeast here: