Saturday, May 28, 2016

Spicks And Specks; Some Memorial Day Weekend Reading -- May 28, 2016

Some folks have memories like a steel trap or memories like an elephant, as they say.

I don't.

When I look at this graph, I am blown away by two things:
  • the 2009 - 2010 spike; and, 
  • the remarkable decline after 2010.
I think I understand the reason for the decline after 2009 (well, duh -- it's called a) shale; b) stagnating global demand), but I look at the 2009 - 2010 spike and ask, "Why?"

This is where google took me:
Additional links added later, from readers:

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