Thursday, January 28, 2016

California Sends OPEC A Message -- John Kemp (Or Teslas Are Flying Off The Sales Lots) -- January 28, 2016

It's impossible to keep up. Overnight I suggested that the trend for increased driving by US drivers may have reversed in the last quarter of 2015.

Now today, there is this story and this graph from John Kemp.

The story is linked here: http://www.reuters.com/article/usa-gasoline-kemp-idAFL8N15C2TY.

This is the graph (which I will come back to later -- my wife has just invited me for sushi):


Compare the above graph with the "gasoline demand" graph at this link as well as many other similar "gasoline demand" graphs at posts beginning November 25, 2015.

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