Yeah, it's hot outside... These are locational based marginal prices for power in different parts of New York as of 5:14
Stock levels… EIA
Here are the stock levels for crude oil, distillates and gasoline outright and as "days supply" from the EIA's This Week in Petroleum: Crude oil is
Venezuela’s National Oil Company on Its Last Legs… OilPrice.com
From Luis Colasante, at OilPrice.com: "In the last ten years, Venezuela crude oil production has lost more than 500 thousand barrels per day. Since
NY and Atlanta Fed GDP Nowcast updates…
Updated to include Friday's economic data, New York is steady at +1.9 GDP growth for 2Q, while Atlanta is now at +2.4%, a new low: Here are
US annual energy expenditures.. EIA
Energy is relatively cheap and should boost or at least not be a drag on the economy (note the increase from 2002 to 2008): The chart can be
Bull market in pork bellies… WSJ
From the Wall Street Journal: "Fast-food chain Arby’s Inc. last month introduced a series of “triple thick” bacon sandwiches. Brooklyn-based eatery
EIA expects $50 oil through 2018…
The EIA expects oil prices to average around $50 through 2018... From Today in Energy: "EIA now forecasts Brent crude oil spot prices to average
Oil Market Report Summary… IEA
The monthly Oil Market Report released by the IEA is closely watched by energy markets... Here are some highlights: "Each month something seems to
Blame the Algorithms… WSJ
Stephanie Yang and Timothy Puko at the Wall Street Journal discuss the increasing role of algorithms in oil market here... Here is a nice







