Relevant and even prescient commentary on news, politics and the economy.

Oil Price highest since 2014; natural gas price falls from 12 year high – largest inventory build in 16 months

and gasoline exports at a 26 month low . . . Blogger and Commenter R.J.S., Focus on Fracking: “Oil price is highest since 2014; natural gas price fell from 12 year high after largest inventory increase in 16 months” Oil prices finished higher for the 7th straight week after OPEC decided to only add the […]

New home sales decline in April, revised sharply lower for March; prices continue to skyrocket, while inventory increases

New home sales decline in April, revised sharply lower for March; prices continue to skyrocket, while inventory increases This morning both new home sales and two price indexes for houses were released for April, completing our view of that important long leading sector. As anticipated, not only did new home sales decline for the month, […]