“Global oil shortage at 2.77 million barrels per day in August as OPEC, Output falls short of quota by 684,000 barrels per day,” Commenter and Blogger, RJS, Focus on Fracking OPEC’s Monthly Oil Market Report “The Latest US Oil Supply and Disposition Data from the EIA” Monday of this week saw the release of OPEC’s September […]
“Letters From An American,” September 22, 2021, Professor Heather Cox-Richardson Continuing Professor Heather Cox – Richardson’s detailing the events before and after President Trump’s attempts to overturn the 2020 election. It gets more interesting as a Federalist lawyer details instructions for Vice President Pence to follow and dissolve, reject, etc. the Electoral Vote Certification on […]
Coronavirus dashboard for September 22: the Delta wave rolls out? At last, it appears that the Delta wave may be receding, as for now, the US is on a definite downslope in cases. As of yesterday, the US recorded 135,000 cases, a 31,000 decrease from the peak only 20 days before: Deaths have continued […]
This article (MedPage Today) popped up in my In-Box and I believe it is a good average – person on the street (high school education?) read if you want to understand “why,” why getting vaccinated is not a failsafe solution. You still have to socially distance, stay out of bars even if the owner is […]
Focus on Fracking: US crude supplies at a 24 month low, gasoline supplies at a 22 month low, total supplies at a 42 month low; August global oil shortage was 2.77 million barrels per day Natural gas prices at 7 1/2 year high near a 12 year high before falling back; US crude supplies at […]
August housing construction shows stabilization, following interest rate moderation This morning’s report on August housing permits and starts shows that the stabilizing of mortgage rates in the past few months has now stabilized housing construction. Housing starts increased 3.9% m/m, and total permits increased 6.0%. The less volatile single-family permits increased 0.6%. As a result, […]
I have found Ten Bears in our comments section from time to time. I also followed the link to his blog “Homeless on the High Desert” and read a few of his posts. In “We’ve been over this before . . . ,” Ten Bears makes the point of migrants, people leaving their homeland to […]
Disasters and threats tend to be politically unifying. Public approval of George W. Bush jumped after the 9/11 attacks, and trust in government increased. Donald Trump’s approval rating was highly stable due to increasing polarization, but even he enjoyed a small increase in approval at the start of the covid epidemic, and trust in government […]
Median household income and housing affordability Let’s take a look at the affordability (or not!) of housing since there is no economic news of note today (Monday). Last week the Census Bureau released their annual report on median household income for the US, covering 2020. Since this is the best measure to gauge housing affordability, […]