Renewable energy: the Great Climate Backslide: how governments are transitioning back to fossil fuel. Bloomberg.
Reality sucks: the last time inflation was here, February, 1982, the Fed funds rate was 15%.
Fed rate: Not once ever, has raising the Fed rate turned out to have a good outcome. Needs to be fact-checked.
Day late, dollar short: not only is the IEA warning that OPEC+ may not be able meet supply demand, now IEA is warning that world demand will reach 100 million bbls a day in 2Q22, a quarter earlier than earlier forecast. Link here. A 50-million-bbl crude oil release from the US SPR will provide twelve hours of demand.
Supply: the crude oil market is incredibly tight. Link here.
Canadian truck convoy: socialist condemn workers of the world for uniting. Link here. Speaking of which, have any of the following weighed in: Bernie Sanders? George Soros? Robert Reich?
Travel: four scenic road trips tailored for this spring. The WSJ. I've taken three of the four:
- Santa Fe, NM, to Denver: 715 miles
- Panama City to Miami: 700 miles
- Los Angeles to Mendocio: 700 miles
- New Haven, CT, to Bar Harbor, Maine: 672 miles
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Distracted Driving
At least he came to a full stop at the four-way intersection.
