Thursday, July 4, 2019

US Flooding -- US Corn -- Update -- July 4, 2019

From the Federal Reserve Bank of St Louis, update June 6, 2019: will 2019 be a repeat of 1993?
In March, the National Oceanic and Atmospheric Administration (NOAA) announced that nearly two-thirds of the continental U.S. faced an elevated flood risk through May 2019.1 Residents in the Upper Midwest and the Mississippi River Valley continue to face the risk of historic, major flooding.
A year ago we had no idea this would happen -- in fact, I think the consensus was high temperatures and drought due to global warming-- but we know the temperature of the earth one hundred years from now.

Fossil Fuel Going Away Any Time Soon? -- The Road To Mexico -- July 3, 2019

From the EIA today (July 3, 2019), via twitter:

Domestic production has dropped significantly since 2014; really quite stunning how steep that curve has become. It looks like the big "shift" occurred in 2014 - 2015 time frame.

Everything suggests to me that "no one" is following the Mexico story. I'm convinced the "road to Mexico" will be the big story within the next five years. I currently follow it as one of the big stories.