The Angry Bear

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...

January 21, 2022 in g’da said, Homeless On the High Desert, Ten Bears Once top-secret CIA Simple Sabotage Field Manual … “Well this fun . . . Declassified June 16, 1976. “Regraded.” Ten Bears presents some methods I have seen work in business settings. Best bet, just nod your head and keep pushing. Organizations and Conferences Insist on doing everything through “channels.” Never permit short-cuts to be taken in order to expedite...

A Flip In Oil Markets, Econospeak, Barkley Rosser  A long time ago, sometime before the 2008 crash, prices of Brent crude oil and West Texas Intermediate (WTI) crude ran close to each other.  WTI would from time to time would exceed Brent, with them kind of bouncing around as they moved along. This changed with the financial market crash of 2008, with Brent becoming chronically higher than WTI, nearly always by several dollars per barrel. For...

This one letter is only the beginning of what will be exposed upon reading the Trump presidential documents recently released by SCOTUS in an 8-1 decision. In case you have not been keeping up with the news, x-president (sigh . . ) lost his fight in SCOTUS to prevent those documents relating to January 6th from being released. I suspect other documents will be released as a need for such to happen is revealed. There has been so much being hidden...

In Defense of National Federation of Independent Business v. Department of Labor*, Econospeak, Barkley Rosser On January 13, the US Supreme Court, by a vote of 6-3, blocked the Biden administration’s vaccine mandate.  The policy took the form of an emergency OSHA (Occupational Safety and Health Administration) standard and would have required all firms with more than 100 workers to mandate vaccination or a testing regime as a condition for...

Coronavirus dashboard: Omicron has peaked; now what?, New Deal Democrat  – by New Deal democratLet’s start out with the good, or at least less catastrophic news: it’s almost certain that the Omicron wave has peaked in the US. In fact, the only Census region it is still up week over week is in the Midwest: In almost all of the areas hit hard early – Puerto Rico, and the NYC and DC metro areas – cases are down sharply since peaking....

American capitalism has an everpresent desire for increased profits. Over the course of history, corporations had increased profits largely due to increased population growth. As we have seen from new data coming from the 2020 Census, population growth is beginning to stabilize and flatten, yet corporations are still expected to perform regardless of market conditions, and if population growth is no longer the cosmic funnel of operating revenues,...

“Biden Administration (CMS) Says No to Premiums in Medicaid,” Georgetown University Health Policy Institute, Joan Aker Georgia, Arkansas, and Montana recently had their 1115 Medicaid waiver requests denied. All three states were asking they be allowed to charge premiums to low income adults on Medicaid. A Section 1115 demonstration is intended to test new approaches promoting the objectives of Medicaid.  The Biden Administration’s painstaking...

[embedded content] Quote in title by Senate Candidate Charles Booker. I pulled this partial of a commentary defining what Michael Kinsley was doing at Slate and what he created at Slate’s “The Fray.” I came to The Fray and the Best of the Fray at its peak. It was lively place with many intelligent writers across both aisles commenting. Tom Sullivan brought back memories of The Fray. It was modernized several times and much of the content...