It Never Quits -- June 6, 2017

Platts: US crude #oil production will, for first time in nearly 50 years, climb to 10 mil b/d by March 2018 -- US EIA. The previous record was 9.6 million bopd in 1970.

Priceless! What a doofus!
EIA: global oil oversupply could return in 2018.  Well, duh.

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Homer Simpson

We now know what happened to British Airways when the entire system went down for 72 hours.

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Ohio's Out

From The Washington Post:

One of the nation’s biggest health insurers says it will not return to Ohio’s public insurance exchanges next year, a decision that could open more holes in the Affordable Care Act’s increasingly thin system for helping people buy coverage.

The move announced Tuesday by Anthem Inc. could leave shoppers in 20 counties without an option for buying individual coverage on the exchange unless another insurer steps in, according to data compiled by The Associated Press and the consulting firm Avalere.