Tuesday, September 16, 2025

Archives -- Most Recent GDP Estimate -- September 16, 2025

Locator: 49130ARCHIVES.

Who wudda thought? Link here.

  • best selling desktop on Amazon? the Mac Mini
  • best selling laptop on Amazon? the MacBook Air
  • best selling tablet on Amazon? the iPad
  • there seems to be pattern here.

Cost of oil exploration

There is no single global average cost of oil exploration per barrel; it varies significantly by region and method, but typical exploration and production (E&P) costs in the 2000s and early 2010s saw a significant increase of about 100% from 2000 to 2012. For example, costs in North America can range from $30 to $70 per barrel, while they are considerably lower in regions like Saudi Arabia, at $10–$15 per barrel.
These costs are influenced by the difficulty of extraction, with deepwater drilling and fracking being more expensive than easier-to-access resources.

GDPNow: estimate today -- 3Q25 estimate rises to a remarkable 3.4%. Wall Street analysts suggest the 3Q25 GDP will come out closer to 2%. 

Eleven years ago: bigger sister, Olivia, reading The WSJ to her new baby sister, Sophia.