Tuesday, December 18, 2018

The Energy, Market, And Political Page, Part 2, T+43 -- December 18, 2018

Eats: I would "argue" that north Texas has more great restaurants ($ to $$$$) per capita than any other place in the US. The competitions is fierce. Taco Bueno is bankrupt.

Saudi in deep doo-doo: needs $84-oil to balance its books in 2019. Right now, Brent going for $56; and "OPEC Basket" trading for $58. Ouch.

MDU: record November construction backlog. Press release.

California: what took them so long. California finally mandates electric buses. By 2029.

USPS: what's taking them so long? Why aren't all those neighborhood golf carts that the USPS uses not EVs? Another example that tells me the Deep State really isn't worried about manmade global warming.

Apple: what Apple doesn't need -- bad press. And this is really, really bad press. From the WSJ, for Apple, it's a rout in India. Wrong kind of phone; wrong business model; too expensive; losing its cachet; no longer a must-have phone.

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