My “go to” chartbook called The Daily Shot, put out by the Wall Street Journal, here, has a nice chart illustrating the importance of fracking to US
More on the EIA’s increase in US oil production estimates… EIA
In today’s “This Week In Petroleum”, the EIA explains the increase in production estimates released last week: ”The increases in crude oil
Germans, wind, pushback… FT
Tobias Buck, Financial Times, suggests the Germans may be falling out of love with wind, here... via Marginal Revolution, here... ”In the first
Money flows out of some commodities… WSJ
The Wall Street Journal’s “The Daily Shot” has a couple of nice charts showing the outflow of commodities, here...
WTI option vol chart…
The next OPEC meeting is scheduled Dec 5th... Data is through 11/15/19...
Latest Fed GDP Nowcasts…
And they’re not looking good:
Yield curve implications… The Economist
From The Economist, here: “This time around, the Fed seemed to take the omen seriously. Over the course of 2019 it has first abandoned plans to keep
Climate clarity… The Grumpy Economist
The Grumpy Economist suggests that there is a “carbon elephant” in the room: The link is here...
The IEA’s Monthly Oil Report is out…
Here are the highlights (my bold): Global oil demand in 3Q19 increased by 1.1 mb/d year-on-year (y-o-y), more than double the 435 kb/d seen in