Taken from TPM as written by Josh Marshall about the Strait of Hormuz. If you are not aware, the strait is a short cut to the oil fields beyond it. If it is closed, shipping will not be able to transport oil. This will add additional costs of fuel. Pipelines will not make up the […]
Increasing the takings by influencing the public and policy or economic conditions. The money from a takings a business or speculator gets from selling goods or services during a particular period. Is there really a shortage so soon? Oil and gasoline industry are a bunch of pirates, Taken from “Gas prices climb in U.S., Southwest […]
Interesting piece on a Mexico Volcano called El Chichón. Biggest fear is an economic impact similar as to what happened previously. “The 1982 eruption of El Chichón in Chiapas, Mexico, was the nation’s deadliest modern volcanic disaster, killing roughly 2,000 people and destroying nine villages with pyroclastic flows. The March-April explosions deposited up to 40 […]
There’s a Dunkin’ Donuts around nearly every corner here in Rhode Island, or so it seems. And there’s a cemetery just a block away from our house. Coincidence? We report, you decide. The mortality rate here doesn’t seem markedly higher than anywhere else I’ve lived. But RFK Jr is coming for your Dunkin’, Rhode Island! […]
I have listened (tolerantly) to our Pres, pontificating, taking up large sums of my time. It really is a waste of time. The truth of his accomplishments are in the numbers and not in what he claims. A couple of phrases which turn up most of the time when he is jabber-jawing to the nation […]
– by New Deal democrat If Monday’s ISM manufacturing report was good (but with a dose of inflation), today’s ISM services report for February was even better (but also with a dose of inflation). Together they negative the likelihood of an economic downturn in the next several months (geopolitical idiocy aside). Let’s take a look. […]
“War Is Expensive for the Little People” – Paul Krugman March 3, 2026 On Sunday, according to the U.S. military, Kuwaiti forces shot down three U.S. F-15s in a “friendly fire” incident. Fortunately, the crews were able to safely eject and survived. The sad truth is that such incidents are common in modern war. One of the […]
New Deal democrat’s commentary earlier today. “What is the effect of Oil and Gasoline Prices on the US economy?” Angry Bear. I guess I am not surprised to see gasoline market prices and oil prices start to increase. That is expected even if there is no reason for it to jump today or even months […]
TACO (Trump Always Chickens Out) was coined to describe Trump’s flip-flops on tariffs, but he’s flip-flopped on other notorious threats. “The Trump administration plans to abandon its defense of the president’s executive orders sanctioning several law firms, according to people familiar with the matter. “The Justice Department as soon as Monday was expected to drop […]
If you have been reading and earlier commentary Oil Prices are Up, you will get a pretty idea of what is happening with Oil Prices since Trump decided to bomb Iran. Just to point out, here are the top three countries by oil reserves. Top 3 Breakdown: 1. Venezuela ($\sim$303 billion barrels), 2. Saudi Arabia […]