Tag Archives: Hot Topics

Thanksgiving finds Bill is in Arizona in a new home. If he is not on site early in the morning, you will know why in the Midwest and East Coast. He reports the ordering of a turkey dinner this year as it was too difficult to move all the people together for a family dinner so soon. Christmas spent together will be a bigger celebration in 2021. My own family is all together for the first time in a couple years in California. We traveled there a...

Former Washington Monthly writer Nancy Le Tourneau had this post up on her own site Horizons. The topic? Biden signing proclamations restoring the original boundaries of Bears Ears, Grand Staircase-Escalante and Northeast Canyons, and Seamounts National Monuments. “A President for ALL Americans,” Horizons, Nancy LeTourneau’s big picture look at politics and life Nancy: I didn’t recognize the picture on the left. It was apparently taken...

MarketWatch 666 Blogger RJS on the macroeconomic implications of retail sales, estimates the impact of retail sales on GDP. Retail Sales Rose 1.7% in October after August & September Sales Were Revised Higher Seasonally adjusted retail sales increased 1.7% in October after retail sales for August and September were revised higher…the Advance Retail Sales Report for October (pdf) from the Census Bureau estimated that seasonally adjusted...

The Rittenhouse Verdict and the Future of Vigilante Violence There are typically two levels in a case like Rittenhouse’s, the individual issues of justice and accountability, and the social implications of the crime and its judicial resolution.  I want to spend a moment with the second. America faces an impending crisis of vigilante suppression of democratic rights.  In the past year we’ve seen militias openly threatening violence in takeovers...

Blogger RJS, MarketWatch 666 and Focus on Fracking, Global Oil Shortage at 1,930,000 barrels per day in October as OPEC’s output falls 588,000 barrels per day short of quota OPEC’s October Oil Market Report Thursday of this week saw the release of OPEC’s November Oil Market Report, which includes OPEC & global oil data for October, and hence it gives us a picture of the global oil supply & demand situation for the third month after...

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...

“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...

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...

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...

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...