Oh, oh. Ten year treasury up to 1.353% yield.
Inflation: CPI running at 6.1%. Not sure if I saw that correctly. Crawler on television. Needs to be fact-checked.
Afghanistan, free-market capitalism: in Kabul, private rescue efforts charging $6,500-a-seat. Link here.
Afghanistan, free-market capitalism: Lutheran and Catholic services will see a huge jump in revenue -- upwards of $5,000 / Afghan refugee / year for "managing" resettlement based on prior events.
Gasoline demand: US gasoline stock draws extend on stronger demand, higher exports, link here --
- USAC gasoline stocks now 13% below normal
- gasoline stocks fall 2.24 million bbls
- Cushing sees first build since June, 2021;
Ultra-vaxxed Israel: oh, oh. Link here.
Permian producers ESG: net zero emissions. Link here.
Greta's worst nightmare. If the majority of west Texas oil production is actually powered by wind and solar (electric pumps powered 90% by renewable energy). That's a fact. Does that mean Permian basin producers are net zero producers? With EOR, more carbon could be sequestered that would be produced, resulting in net negative oil production emissions, i.e., GREEN OIL.
Devon Energy: tracked here.
- August 25, 2021: will Devon Energy gain on rising estimates? Zacks, link here.
- August 25, 2021: Devon Energy recently broke out above its 50-day moving average. Zacks, link here.
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Wind turbine tower fail:
And then this:
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