Summary:
- claims that U.S. crude growth is dominated by super-light and ultra-light grades is a misconception
- in fact, production data show the opposite trend
- she super/ultra-light component of the U.S. crude stream has shrunk significantly in the last three years
- a recovery in these categories is in progress. In our expectation, future volumes will surprise to the upside
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Tammany Hall Redux
I have two books on my nightstand that I really enjoy: one I have had quite some time and it often ends up back on the shelf only to be pulled down and placed back on the nightstand, and then a more recent one. Neither of them are "about" Tammany Hall (NYC) but both of them have devoted a considerable amount of space to Tammany Hall.
When I read about Tammany Hall, I immediately think of Barack Obama. He came close to re-establishing his version of Tammany Hall. If Hillary Clinton had been his successor, without a doubt, Tammany Hall would have been re-created. It would have just gone by a different name.
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