Monthly Archives: November 2016

finding the missing US oil production while waiting for the OPEC meeting

the regularly scheduled biennial meeting of OPEC will take place at their headquarters in Vienna on Wednesday of this week, and the swirl of rumors and speculation as to what might come out of it has been the major factor … Continue reading

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October durable goods, new and existing home sales

there were just a few widely watched reports released this week, with no releases on Thanksgiving or Friday….Tuesday saw the Existing Home Sales Report for October from the National Association of Realtors (NAR), and Wednesday saw the advance report on … Continue reading

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November 26th graphics

US oil production: oil production from OPEC and NOPEC producers: rig count summary:

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US becomes a natural gas exporter, press finds "largest oil deposit ever", rigs jump, DUCs increase, et al

we’ll start by noting that the US has hit a major natural gas milestone as of this week, as our exports of natural gas have exceeded our imports, making us a net exporter of natural gas for the first time … Continue reading

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October’s retail sales, consumer prices, industrial production, producer prices, and new housing; September’s business inventories..

agency reports released this week included Retail Sales for October and Business Sales and Inventories for September from the Census Bureau, the October Import-Export Price Index, the October Producer Price Index and the October Consumer Price Index from the Bureau … Continue reading

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November 19th tables

retail sales: rig count summary:

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fracking Trump, largest oil output rise in 18 months, record high gasoline production*, global rigs, et al

i imagine you all know what happened on Tuesday…while we can hardly garner exactly what energy and environmental policies a candidate might initiate based on his or her campaign speeches and tweets, we can certainly begin to get an idea … Continue reading

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September job openings, wholesale sales, and Mortgage Monitor

it’s been an unusually uneventful week; the only agency reports released this week were the Job Openings and Labor Turnover Survey (JOLTS) for September from the Bureau of Labor Statistics, the September report on Wholesale Trade, Sales and Inventories from … Continue reading

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November 12 graphic

rig count summary:

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15 million fracking jobs at risk; a 4 year high in oil imports leads to a record jump in oil supplies, et al

on Friday, the US Chamber of Commerce released a report, apparently timed for the weekend before the election when a number of fracking initiatives are on the ballot nationally, which alleged that “14.8 million jobs could be lost, gasoline prices … Continue reading

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