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
Scott Sheffield, Columbia Energy Exchange, Permian Basin Economics….
Another excellent podcast from the Columbia Energy Exchange here... “U.S. oil production from shale will reach nearly 7 million barrels a day in
Big Oil Firms Holding Back on Drilling… WSJ
Bradley Olson and Sarah Kent, WSJ, write that oil companies are holding back on drilling despite higher oil prices, here ... ”The wary response