Stories to come back to later, sent in my readers, thank you.
Saudi-Russia: axis of love.
Democrats: getting too rich? NY Times.
Auto sales: pending.
- Ford tops estimates.
- F-Series and SUVs lead Ford to solid month in the US.
- Ford tops GM as fleet sales, discounts stem US auto slowdown.
- Chevy Bolt creeps along; Tesla readying for a sprint.
- EV sales.
Making America great again: Deere buys German construction equipment maker in $5.2 billion deal.
Peak oil. Has Permian productivity peaked? Again, consider the source.The deal will be in cash and establish Deere’s “leadership position” in the road building industry and expand the reach of John Deere construction equipment, according to a statement from the company. Wirtgen, a privately held company, has about 8,000 employees and sells products in more than 100 countries.“Spending on road construction and transportation projects has grown at a faster rate than the overall construction industry and tends to be less cyclical,” Max Guinn, president of Deere’s worldwide construction and forestry division, said in the statement.
Black swan. Has the black swan landed? Energy Intelligence.