The Market, Energy, And Political Page, Part 2, T+2 -- November 8, 2018

WTI: that credible floor trader -- perhaps lost a bit of credibility -- earlier in the week the credible floor trader suggested WTI's low was in, at $61.31. Today, WTI is trading at $61.19, at least according to CNBC. OIlprice has WTI at $61.40. Commentary by CNBC:

• US crude oil production is surging
• US now producing more oil than either Russia or Saudi Arabia 

US production, EIA estimates, link here:

Days of supply. I haven't looked at this graphic in a long time. This is the real problem (for oil bulls) -- currently about 26 days, up from recent "low" of 23 days. One has to go all the way back to 2015 to find the number of days of supply as low as 21 days -- which is required (actually lower) if one wants to see the price of crude oil increase (all things being equal):

Best thing on twitter today:

Apparently he's well-like, also, in addition to all his other "positives."

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Obesity Rates By State -- Rankings

From The Bismarck Tribune / source: wallethub -- interactive map and link to report at the linked article:

Least "obese" states -- adults and children:

• 51: Colorado -- best state with regard to this metric
• 50: Massachusetts
• 49: Hawaii
• 48: California
• 47: Montana
• 46: New Mexico
• 45: North Carolina
• 44: North Dakota

Others of interest:

• 37: Minnesota
• 27: Texas

Very obese:

• 14: Iowa
• 1: Mississippi

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Vaqueras y Vaqueritos 

We definitely need to get Sophia enrolled.