From Bloomberg (http://www.bloomberg.com/news/articles/2016-08-11/u-s-refiners-reap-rewards-from-latin-american-gasoline-shortage-irr37msr): "From
World liquid fuels balance… EIA
This is from the EIA's Short Term Energy Outlook released earlier this week... The EIA continue to expect stock draws starting in the second half of
US oil exports increase volume, destinations…. EIA
From the EIA: "In the first five months of 2016, U.S. crude oil exports averaged 501,000 barrels per day (b/d), 43,000 b/d (9%) more than the
Are Negative Rates Backfiring? … WSJ
The Wall Street Journal suggests there are some unintended consequences of negative rates: "Policy makers in Europe and Japan have turned to negative
Are markets efficient?
A dialogue with Eugene Fama and Richard Thaler: http://review.chicagobooth.edu/economics/2016/video/are-markets-efficient
Rare summer net storage draw, natural gas… Today in Energy
From the EIA's excellent "Today in Energy: "Working natural gas storage inventories posted a rare summer net withdrawal of 6 billion cubic feet (Bcf)
Employment comments….
Here is the bottom line from CalculatedRisk (for more, including many charts, visit the site here: http://www.calculatedriskblog.com): "The headline
Q3 GDP estimated +3.7%! … GDPNow, Atlanta Fed
The early estimate for Q3 GDP growth put out by the Atlanta Fed's GDPNow model is at +3.7% and will be updated after tomorrow's jobs report: "GDP
U.S. Frackers Surprise Themselves… Reuters
Tech improvements are helping producers add barrels, from Reuters: "The pace of innovation is increasing. Pioneer Natural Resources said it was