-OPEXAS, OPTEX and the Steel Seizure Case -Brent on pace for something it hasn’t done in a month. OPEXAS. TrumPEC. OPTEX. Those are just samples of the witty banter online this morning as President Trump and the head of the oil and gas regulator in Texas mull artificial controls to prop up the price of … More The Daily Dose
-China could usher in the Beijing Consensus -Wood Mac: Life at $30/bbl possible, but it won’t be pleasant. Rumors of normalcy returning to parts of China and extraordinary intervention by economic policy makers gave crude oil a lift in early Thursday trading, though it may be a short-lived bounce. We are in a period of … More The Daily Dose
-Wintershall suspends common dividend “until further notice.” -Are we in the world of Hobbes or the world of Rousseau? This is unknown territory for the global economy. US Treasury Secretary Steven Mnuchin warned lawmakers that unemployment could hit 20% without some sort of extraordinary stimulus package. Global isolation has cut off key sectors of the … More The Daily Dose
The GERM Report 