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The Angry Bear

Oil Prices 7 Year High; Draw from Natural Gas Supply Largest Since Winter Storm

RJS, Focus on Fracking Oil prices rose for a fifth consecutive week and hit a 7 year high in the process, on supply disruptions in the Middle East and on rising tensions between NATO and Russia…after rising 6.3% to $83.82 per barrel last week on a softening of Fed rhetoric and on a production shortfall by OPEC+, the contract price for US light sweet crude for February delivery opened 50 cents higher on Tuesday after the MLK holiday as rising...

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Farm in a Square, Harvest in a Circle

All throughout the Midwest, Plains, pretty much anywhere that doesn’t get adequate rain you can look on Google maps and see square fields with bright green circles in the middle. These are pivot fields that are irrigated from aquifers below. The corners of those fields are usually left barren. No, these are not the corners I am referring to. The square fields of corners I am referring to go back to biblical days. Some years back I was having...

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Stepping Back, in a Posture of Mindful Gratitude

TPM’s Josh Marshall takes on a tour of Krysten Cinema’s future as a Senator from Arizona, calling her a dead senator walking. I think she already knows this and does not give a damn. Six years and out, take your political donations from the drug companies, etc. It is hard for me to imagine she does not already know she has already left the Senate. Rejoice – Kyrsten Sinema’s Political Career is Already Over, TPM, Josh Marshall Amidst all the...

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How intelligence was distributed among the animals

How intelligence was distributed among the animals Illustration by Tom Seidmann-FreudIn the beginning, none of the animals was endowed with intelligence. When they saw a hunter coming towards them who wanted to kill them, they stopped, looked at him, and were shot. So our Lord sent someone who put all the senses in a sack and put it under a big tree. The weasel noticed this, ran to the hare, told him about it, and said: “Brother hare, let’s go...

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Advocate of Book Burning Becomes Chairman of Virginia School Board

(Dan here…I am reading more examples of this trend of local censorship) From Diane Ravitche’s blog comes this posting: (Quote) Peter Greene tells the ignominious story of the Spottsylvania, Virginia, school board. One of the school board members, Kirk Twigg, is a conservative Christian who is very fearful of books that might have any sexual content. He wants them burned. He was recently elected chairman of the school board and promised to fire the...

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Weekly Indicators for January 17 – 21 at Seeking Alpha

by New Deal democrat Weekly Indicators for January 17 – 21 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. A few months ago, in the midst of the Boom, virtually every indicator across all time spectrums was positive. In the past months, we have begun to see the deterioration in that situation, as every week one or two more indicators in one or another part of the time spectrum have shifted to neutral or negative....

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Top 100 Economics Blogs

Angry Bear continues to make the Top 100 Economics Blogs from Intelligent Economist and Top 100 Economics Blogs and Websites from Feedspot (now for 2022). Econospeak (Barkley Rosser, pgl, Peter Dorman, Tom Walker) is in the financial section along with  Bonddad blog (New Deal democrat) and  Capital Ebbs and Flows (Joseph Joyce), and I am proud to say have a direct connection to Angry Bear (under general blogs…). Eric Kramer and Ken Melvin have...

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Tendentious libertarianism

I have a piece up at Science Based Medicine digging into some misleading claims by two authors of the Great Barrington Declaration about Anthony Fauci. Frankly I was surprised at how brazen some of the misrepresentations were. For example, they criticize Fauci for being in favor of school closures, but: . . . if you follow the link Kulldorff and Bhattacharya supply, what you will find is a Substack post that shows Fauci approved of school...

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Oil and SPR Reports, Gasoline Imports and Exports, and Gasoline Inventories

US oil inventories near 10 year low as Strategic Petroleum Reserve falls to yet another 19 year low; gasoline imports at a 53 week low; gasoline exports at an 82 week low; 3 week gasoline inventory increase is largest on record, RJS, Focusing on Fracking The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending January 14th indicated that due to a big jump in our oil...

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