Locator: 47162B.
Is Bing down? Yes, and not getting better. Link here. But Bing's AI is awesome -- apparently -- wouldn't know.
Coolidge, AZ: new $1 billion solar project. JPMorgan will provide about $700 million. New rules favor JPMorgan. Basically, huge corporations make huge amount of money (and tax liability) can sell "tax credits" to other companies. Two-thirds of the power from this new renewable project will go to power a neighboring mega-data center being built.
Prices the pump dropping: Carl Q -- depends how one measures it -- LOL --
Headline of the day: gasoline prices ahead of Memorial day are 1% higher
- out-of-town family members (Kentucky, California) have given up on any hope of price improvement;
- generally incredibly depressed over gasoline prices; $5.50 in California (Huntington Beach area) and Kentucky (Louisville area, $3.80).
From oilprice.com this morning:
EIA weekly petroleum report. Link here.
- crude oil in storage: 3% below five-year-average -- and that 5-year average includes storage during Covid years
- refiners at 91.7% capacity
- jet fuel supplied: 3.6% greater than last year at this time
Gasoline demand, link here. Wow, wow, wow -- did not expect this. Driving season has begun. This will be interesting to follow:
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