Wars resolve the question of who’s in charge. Winston Churchill said once that “people talked a lot of nonsense when they said nothing was ever settled by war. Nothing in history was ever settled except by wars.” That should give us an indication of how to assess the waning influence of the United States on … More The Death of Kennan
-EIA’s estimate on crude oil inventories way overshoots its peers -US-Iran detente becomes more complicated The rally in crude oil prices continued unabated in Wednesday, supported by a sizeable drain in commercial crude oil inventories in the United States. Gasoline levels showed a considerable build, though most analysts brushed that off to seasonality. Inter-market and … More The Daily Dose; These inventory estimates are all over the place
-What would Heidegger say? -We might have a shale oil problem. We might not. Crude oil prices continued to test new highs in the Tuesday session, with Brent long ago leaving the psychological level of $60 per barrel in the rear-view mirror. Estimates form S&P Global Platts show crude oil inventory levels could show a … More The Daily Dose; We’re asking the wrong questions
