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December 1, 2017

MIT Suggests US Overstates Oil Output Forecasts… Bloomberg

I think this kind of story is more likely to come out near market tops than market bottoms... We’ll see... Here is Bloomberg: “But now, researchers

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November 30, 2017

OPEC is watching this chart closely…

From the EIA, here is a chart of US oil production:

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November 30, 2017

Inflation?

Today’s economic release of the PCE price index shows inflation is still below the Fed’s target of 2%: An evidence based Fed policy would not

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November 30, 2017

US Gasoline imports vs exports… EIA

  From the excellent This Week in Petroleum put out by the EIA: ”Despite record high gasoline consumption, the United States is on pace to

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November 27, 2017

Rubin interviews Swensen….

and it is excellent! https://youtu.be/lmHgg3-REl0  

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November 26, 2017

Over-Achieving OPEC… WSJ

OPEC may be doing too much suggests the Wall Street Journal: ”The Organization of the Petroleum Exporting Countries’ 14 members and other major

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November 25, 2017

The treasury curve flattens… The Daily Shot

Within the many charts displayed in The Daily Shot there are some excellent ones that show the flattening yield curve: Also from The Daily

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November 25, 2017

5 Economic Reasons to be Thankful… Calculated Risk

Here is one of them from Calculated Risk:

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November 22, 2017

US gasoline prices ahead of Thanksgiving are higher than previous two years… EIA

The EIA shows average gasoline prices are higher this Thanksgiving:  

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