Friday, August 20, 2021

Notes From All Over -- TGIF -- August 20, 2021

News alert on Pfizer: the FDA is aiming to give full approval to PFE vaccine Monday.

Covid-19: second day in a row that the number of vaccinations given in the daily report was over one million. Folks are getting religion.

Dollar: surging. Closed at 93.456. Link here.

GM: waits until after the market closes to announce full recall of its Chevy Bolt. GM drops 2.5% in after-hours. 

Fast Money on CNBC: not one word about Afghanistan or the president's speech. 

Again, "deflation," not "inflation," getting some attention

Gasoline: last night, our neighborhood station -- generally runs a bit high -- was below $2.80 / gallon. Everything suggests the price of gasoline will be going down in price going into September. 

****************************
Canadian Producers -- Apparently They Did Not Get The Memo

From S&P Global:

  • Canadian oil and gas operators plan to grow production, spending:
  • Canadian companies are taking advantage of higher prices;
  • while US operators are priortizing capital discipline.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.