The number of employees in the oil and gas extraction industry has dropped by thousands since the start of the year, data on the U.S. Bureau of Labor Statistics (BLS) website shows. According to the […]
Daily Standup Top Stories Chris Wright Moves to Refill The Strategic Petroleum Reserve March 9, 2025 Clark Savage Many people are curious about the Trump administration’s plans to refill the Strategic Petroleum Reserve (SPR) that was […]
Daily Standup Top Stories South Dakota Bans Using Eminent Domain For Carbon Dioxide Pipelines March 12, 2025 Stu Turley South Dakota Governor Rhoden signed a bill banning eminent domain for carbon capture pipelines, protecting landowners’ property […]
Daily Standup Top Stories Venezuela Stops Taking US Deportees After Trump Orders Chevron Out March 11, 2025 Clark Savage ENB Pub Note: We kind of need the Canadian heavy oil sands more now – just saying. […]
Companies can’t pass on those higher prices? What a bummer. But if they can without losing sales, it’s off to the races. See 2021/2022. By Wolf Richter for WOLF STREET. Nearly every subindex of today’s ISM Services PMI […]
Weekly Daily Standup Top Stories Israel-Iran: A strike on oil assets could revive inflation October 12, 2024 Stu Turley When Iran launched a barrage of some 180 ballistic missiles at Israel a week ago — causing little damage or casualties — Israeli Prime […]
By Wolf Richter for WOLF STREET. How corporate profits spiked during the inflation-shock of 2021 and 2022 was amazing to watch: The pricing power companies suddenly had to hike prices and pump up profits because their customers were […]
Wolf Richter with Adam Taggart on Thoughtful Money. Source: Wolfstreet.com Take the Survey at https://survey.energynewsbeat.com/ 1031 Exchange E-Book Crude Oil, LNG, Jet Fuel price quote ENB Top News ENB Energy Dashboard ENB Podcast ENB Substack
What a bummer. Services are two-thirds of the economy; as long as they’re firm, the economy will plug along just fine, even as manufacturing stalled. By Wolf Richter for WOLF STREET. US service sector activity, driven by new […]
By Wolf Richter for WOLF STREET. In the 20 countries that use the euro, inflation in services increased again by 4.1%, same increase as in May – and both were the highest since October. The service CPI has […]
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