Mark Perry's comments:
[The chart above] shows the historic energy milestone that went mostly unnoticed this week when the EIA’s weekly petroleum report showed that daily crude oil output in the US last week at 9.62 million barrels was the highest level of domestic oil production since May 1971, more than 46 years ago.
At the current of production increases, daily US crude oil production is on track to top 10 million barrels by as early as next February and could shortly after that exceed the previous record of 10.04M barrels per day set back in November 1970. Carpe oleum.It should also be noted that the EIA had predicted that the Bakken would show an 8,000-bopd increase month-over-month in September; in fact, the Bakken came in at over 17,000-bopd increase month-over-month, hitting the 1.1 million-bbl-threshold for the first time since March, 2016.
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Identity Politics
From The Washington Examiner. The best part of that: Hillary not in the headline.
A headline I never thought I would see in the Los Angeles Times: Strong economy boosts Trump among otherwise skeptical voters. I won't read the story. I seldom read The LA Times any more. If a linked story interests me, I might check out LA Times, but other than that, I've quit reading it.
Germany in crisis: Merkel cannot form coalition government.
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