Monthly Archives: June 2016

July 2nd graphics

natural gas prices: natural gas price history: July 1 rig count summary: July 1 rig count graph: 1st quarter GDP:

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oil crashes on Brexit, Ohio output data, oil imports at a 42 month high, record gasoline output & usage, et al

oil prices crashed along with global financial markets on Friday following the British vote on Thursday to exit the European Union (widely referred to as “Brexit”), which is widely expected to precipitate a period of political instability in Europe…Conservative British … Continue reading

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May’s durable goods, new homes and existing homes sales reports

the only widely watched releases of the past week were the May advance report on durable goods and the May report on new home sales, both from the Census bureau, and the May report on existing home sales from the … Continue reading

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June 25th graphics

rig count summary: hourly oil prices:

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oil rallies on murder of British MP, gasoline consumption at a record high, rig count up again

after falling from 2016 highs above $51 on Thursday and Friday of last week, US oil prices continued to drift lower each day early this week, dropping to close at $48.88 a barrel on Monday, $48.49 a barrel on Tuesday, … Continue reading

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May retail sales, consumer and producer prices, industrial production and home construction; April business inventories

after the dearth of major reports last week, this week saw a number of them, including Retail Sales for May and Business Sales and Inventories for April, both released by the Census bureau, the May Consumer Price Index and the … Continue reading

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June 18th graphics

May retail: rig count summary: recent horizontal oil rig history, by basin:

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oil prices double from recent lows, cheaper gasoline hits refinery margins, global rigs ex-Americas up 24

oil prices rose to 8 month highs on Wednesday of this past week, nearly double the February lows, but dropped back to near where they started the week after unexpected and unseasonal increases in gasoline and distillate inventories, an incremental … Continue reading

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April’s job openings, wholesale sales and inventory, and Mortgage Monitor

it’s been a slow week for regular reports, with only the Job Openings and Labor Turnover Survey (JOLTS) for April from the BLS, the April report on Wholesale Trade, Sales and Inventories from the Census, and the Mortgage Monitor for … Continue reading

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June 11th graphics

oil prices: gas prices: rig count summary: new foreclosures and 90 day delinquencies: HELOC delinquencies: foreclosure and delinquency loan count

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