Gasoline Demand Shows A Bit Of Life; Did Some One Tell A Mis-Truth When Mailing Those "Suspected" Explosive Devices -- October 24, 2018

Link here.

4-Second Elevator "Speech"
 

Finally, we can say it. Global demand for crude oil to hit 100 million bopd any day now.  US, Russia, and Saudi Arabia produce about a third of that.

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Natural Gas

For what it's worth: a SeekingAlpha contributor suggests natural gas could double in price this winter/next summer.

Here's what I pointed out some weeks ago: there's enough historical evidence to suggest that it is not unthinkable to think that natural gas could triple in price.

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Global LNG Production 

Qatar, US, and Australia. Can't we all just get along? Some great stats.

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Federal Courts Need To Get Things Back Under Control

Re-posting.

WCS: how much is Alberta "losing" because the TransMountain Pipeline expansion was killed? $100 million / day. Per day. Around $60 million / month goes into the North Dakota Legacy Fund. Divided by 30 days that works out to $2 million / day. Compare that to $100 million / day in Alberta. British Columbia's First Nation is costing Alberta $100 million / day. Democratic values and greater good issues come to mind.

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The North Texas Deluge Continues

Linked here -- record-setting October -- rain and cold. In the screenshot below, Tuesday is October 23, 2018 -- another full week to go. But look at that: cold and rain. DFW Airport with 15 more inches of rain that it usually gets in October. To put this in perspective, the average total annual rainfall in Portland, OR is 36.69 inches (posted Jul 18, 2017 -- at least that's what wiki says). So far in our backyard -- we still have two rainy months to go -- almost 44 inches of rain this year.

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Someone Must Have Lied -- Or Told a Mis-truth

If this was hand-delivered by a non-postal employee, that's one thing, but if this was actually accepted by the US Postal Service, how did this ever get accepted? Whenever you mail a package through USPS you have to declare whether it's a pipe bomb or not. But then again, if not an explosive, not illegal to mail, I suppose. First thought: "clock boy."