Larry Belsky, NY Times lays out the behavior economics reasons why we are not as good as we think here... Belsky suggests these are worth mention:
US Oil Producers increased investment… EIA
The EIA's "Today in Energy" has some nice charts showing producer investment and cash returns: And while I'm not sure what the CFTC's exact
Dueling GDP nowcasts, revisited
GDP Nowcasts from the New York and Atlanta Feds were updated today... New York estimates 1Q GDP at +2.9%, Atlanta is at +.9%! 2.9 vs .9!
Amrita Sen, Energy Aspects, on energy markets via WSJ
The Wall Street Journal quotes the excellent Amrita Sen: "“Libyan production was rising, they were talking about getting to 1 million barrels a
Peak Oil Demand… energypost.eu
Fereidoon Sionshani from energypost.eu has a nice piece on peak oil demand (remember "peak oil supply" about 10 years ago?) here... He quotes
Sharp draws in gasoline and distillates… This Week in Petroleum
The markets are reacting to good demand numbers and sharp stock draws in distillates and gasoline... Here are the charts from This Week in
An indicator of something…
but I'm not sure what... "Bloomberg sees rare drop in terminal users"- Financial News: "The number of terminals used by traders, fund managers and
Quilt of investment returns… Oppenheimer via Business Insider
From Oppenheimer, here is a quilt (I love the quilt!)showing returns from different asset classes over 10 years: One note... The quilt has an
Days supply… This Week in Petroleum
"Days supply" is a measure which compares stock levels to current demand... Stock levels divided by daily demand gives us a sense of how tight or