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Tag Archives: Hot Topics

Mixed Bag; Crude Oil, SPR, Oil and Product Supply, Distillates, etc.

RJS, Focus on Fracking, Commercial crude supply rise as SPR falls to 19½ year low, total oil + products supply at new 95 month low; exports of distillates at a 20-month high after largest drop in domestic demand in 18 months The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending March 11th indicated that even after a big increase in our oil exports, we...

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Why Is Germany Increasing Defence Spending ?

Recently we have learned that the Russian military is vastly less capable than anyone imagined. Also in three whole weeks Ukrainians have markedly reduced the capabilities of the Russian military. Therefore, naturally many governments (including the German government) have decided they must spend more on their militaries to face the Russian threat. This makes no sense. To deal with Russian Germany needs liquified natural gas terminals and...

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Higher Covid Death Rates in Trump States

I was reading the usual MedPage Today articles. One commenter discusses the State of Florida under Governor DeSantis having a high Covid Death Rate. Fourteen of 15 states favored Trump in the election and have the highest Covid Death Rates. The article: “Florida’s Surgeon General Sends a Dangerous Message” | MedPage Today, Thresia B. Gambon, MD, MBA, MPH March 15, 2022. More on that MedPage Today article later. I will pursue an area which...

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Spirit of The Mist, Drowned in the Desert

Water, water, every where, And all the boards did shrink; Water, water, every where, Nor any drop to drink.The very deep did rot: O Christ! That ever this should be! Yea, slimy things did crawl with legs Upon the slimy sea.About, about, in reel and rout, The death-fires danced at night; The water, like a witch’s oils, Burnt green, and blue and white.And some in dreams assured were, Of the Spirit that plagued us so; Nine fathom deep he had followed...

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February CPI, Higher Prices for Food and Fuel, etc., Annual Inflation Up

RJS; MarketWatch 666, Covered here is everything having a major price change. This includes the 2.4% increase in the price index for men’s underwear, the 3.8% increase in the price index for women’s underwear, and also prices for what are now more than 40 items having a double-digit year over year increase. CPI Rose 0.8% in February on Higher Prices for Food, Fuel, Clothing, Appliances, Rent, Insurance, & Airfare; Annual Inflation at a 40 Year...

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Oil up and down, Natural Gas supplies down

RJS, Focus on Fracking, Oil jumps $15 to a 13½ year high, then tumbles $21; natural gas supplies now 16% below normal Oil prices fell for just the second time since November this week, but not before jumping nearly $15 to a new 13½ year high before the market even opened for the week . . . after rising 26.3% to a 13½ year high of $115.68 a barrel last week after much of Russia’s oil was sanctioned or eschewed by the market, the contract price for...

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January Trade Deficit up 9.4% – Record High, December deficit up

RJS, MarketWatch 666, including estimates on the hit to GDP . . . the December deficit was revised up to what would have been a record high at the same time. US Trade Deficit Rose 9.4% to a Record High in January After December Deficit Revised Higher Our trade deficit rose 9.4% in January, as the value of our exports decreased while the value of our imports increased . . . the Commerce Dept report on our international trade in goods and...

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Another Trying Season, La Nina Now Through Summer

The good folks over at the National Weather Service have posted that La Nina, the ENSO negative Pacific Ocean pattern is here to stay for a threepeat. What this typically means for us in the US is that we are looking at drought. More drought. From the Texas South to the Dakota’s. This also means more rainfall in northern spots, flooding in the Ohio River Valley, much like we saw in Tennessee last year, and an uptick in hurricane activity coming...

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Oil – Everything worse but only nudged the old records out by a week or two

RJS, Focus 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 March 4th indicated that even after a big drop in our oil exports and an increase in our oil imports, we had to pull oil out of our stored commercial crude supplies for the eleventh time in 15 weeks and for the 27th time in the past forty-one weeks because of a big increase in demand that...

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VA health care system treats vets better than private facilities

Coming fresh off of featuring Kip Sullivan’s “Single Payer Health Care Financing Presentation – Three Part Series,” also “Continuing the Conversation concerning Medicare and Medicare Advantage Part 1 and Part 2.” and Kip Sullivan and Ralph Nader Talk Tradition Medicare vs Medicare Advantage; I came across this article by Suzanne Gordon concerning Veteran healthcare and its facilities. Suzanne advocates for veterans and the VA along with Phillip...

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