Tomorrow These Stories Will Be Old News; Nothing About The Bakken -- June 27, 2023

Locator: 44816INV.

Nothing about the Bakken and not much about energy in general.

API data: link here.

• crude oil:
• forecast: a net draw of 1.5 million bbls
• actual: a net draw of 2.4 million bbls
• Cushing: up 1.45 million bbls
• and on that news, WTI slumps; closes below $67
• distillates up a bit
• EIA numbers tomorrow

• SuicideBlonde: second-half tightness that "everyone" predicted begins in 3...2...1...

Ohio and investors taken for a RIDE:

• I thought Lordstown would simply file and reorganize, but it sounds like RIDE has thrown in the towel;
• links everywhere;
• Yahoo!Finance;
• EVs are tracked here.
  

TSM:

• how dominant is TSM?

• these are always fun and easy to explain:

Americans are optimistic! Consumer confidence at 17-month high. How long has Mr Biden been president. I've lost that bubble. Link here.

From the linked article: stay-flation.

Americans expect prices to rise 6% over the next 12 months, according to the survey. That is the lowest inflation expectations reading in more than two years but still well above the Fed’s 2% target.

Magic mushrooms, link here. We've talked about this before. This is well-known; finally being reported by The WSJ.

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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.