Latest US Oil Supply and Disposition Data from the EIA. Blogger RJS, Market Watch and Focus on Fracking Gasoline supplies at a 48 month low, distillate supplies at a 19 month low; total inventories of oil and all its products at a 79 month low US oil data from the US Energy Information Administration for the week ending November 12th showed that a big jump in our oil exports and a modest decrease in our oil production meant we had to pull oll...
Read More »Leading Up to the Build Back Better Act Vote
“Letters From An American,” November 18, 2021; Professor Heather Cox – Richardson Today began with Republican leadership doubling down on its support for Representative Paul Gosar (R-AZ), whom the House censured yesterday for tweeting a cartoon video of himself killing a Democratic colleague, Alexandria Ocasio-Cortez (D-NY), and attacking the president, Joe Biden. Only two Republicans voted with the Democrats in favor of the censure. Former...
Read More »Lowest Gasoline supplies since November 2017, Production above prepandemic levels
Focus on Fracking: gasoline supplies lowest since November 2017 despite gasoline production above prepandemic levels; Focus on Fracking, Commenter and Blogger RJS US oil data from the US Energy Information Administration for the week ending October 29th indicated that after a modest increase in our oil production and only minor changes to our oil imports, our oil exports, and our refining, we had surplus oil to add to our stored commercial crude...
Read More »Lowest Gasoline supplies since November 2017, Production above prepandemic levels
Focus on Fracking: gasoline supplies lowest since November 2017 despite gasoline production above prepandemic levels; Focus on Fracking, Commenter and Blogger RJS US oil data from the US Energy Information Administration for the week ending October 29th indicated that after a modest increase in our oil production and only minor changes to our oil imports, our oil exports, and our refining, we had surplus oil to add to our stored commercial crude...
Read More »Jobs, Trade Deficit, Construction Spend, and Factory Inventory Reports
MarketWatch 666: Commenter and Blogger RJS; October’s jobs report; September’s trade deficit, construction spending, and factory inventories, et al Major economic reports that were released the past week included the Employment Situation Summary for October from the Bureau of Labor Statistics, and three September reports that included metrics which were either estimated or included in last week’s release of 3rd quarter GDP: the Commerce Dept...
Read More »Jobs, Trade Deficit, Construction Spend, and Factory Inventory Reports
MarketWatch 666: Commenter and Blogger RJS; October’s jobs report; September’s trade deficit, construction spending, and factory inventories, et al Major economic reports that were released the past week included the Employment Situation Summary for October from the Bureau of Labor Statistics, and three September reports that included metrics which were either estimated or included in last week’s release of 3rd quarter GDP: the Commerce Dept...
Read More »Naked Capitalism joins Calculated Risk, Econospeak, and Angry Bear in being archived by Library of Congress
Recently, Yves Smith announced Naked Capitalism was chosen to have its posts archived by the Library of Congress. It is an exciting invitation as much of the work being written at Naked Capitalism will be available for years to come and potentially studied. Angry Bear applauds this action by the Library of Congress. It was not that long ago, the US Library of Congress selected Angry Bear to archive its posts and notifying us on May 19, 2019. It...
Read More »Naked Capitalism joins Calculated Risk, Econospeak, and Angry Bear in being archived by Library of Congress
Recently, Yves Smith announced Naked Capitalism was chosen to have its posts archived by the Library of Congress. It is an exciting invitation as much of the work being written at Naked Capitalism will be available for years to come and potentially studied. Angry Bear applauds this action by the Library of Congress. It was not that long ago, the US Library of Congress selected Angry Bear to archive its posts and notifying us on May 19, 2019. It...
Read More »Ivermectin Benefits Disappeared as Trial Quality Increased
A followup to an article I had read and previous findings. Not the first time, a drug or drug combination has been disapproved. This usually comes from a lack of supporting evidence coming from clinical trials. Instead there are various studies conducted which show varying degrees of results which may have questionable data. In the beginning of the COVID pandemic, everyone was hyping Hydroxychloroquine (HCQ) as the cure for COVID. As it turned...
Read More »Ivermectin Benefits Disappeared as Trial Quality Increased
A followup to an article I had read and previous findings. Not the first time, a drug or drug combination has been disapproved. This usually comes from a lack of supporting evidence coming from clinical trials. Instead there are various studies conducted which show varying degrees of results which may have questionable data. In the beginning of the COVID pandemic, everyone was hyping Hydroxychloroquine (HCQ) as the cure for COVID. As it turned...
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