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HomeU.S Market

U.S Market

Downstream

Column: U.S. jet fuel shortage drives airline costs higher

February 18, 2023 Mariel Alumit

​A business jet is refueled using Jet A fuel at the Henderson Executive Airport during the National Business Aviation Association (NBAA) exhibition in Las Vegas, Nevada, U.S. October 21, 2019. REUTERS/David Becker LONDON, Feb 16 […]

U.S Market

Work-From-Home Trend Costs $12 Billion Per Year In Lost Revenue

February 15, 2023 Mariel Alumit

A new report has put a price on exactly what the “work from home” trend has cost the office-laden city of Manhattan: a stunning $12 billion per year. Working at home means that office workers […]

Fed
Jobs

Minimum Wage and; The Fed’s Biggest Fear

February 13, 2023 Mariel Alumit

Authored by Lance Roberts via The Epoch Times, How does the minimum wage affect the Fed’s biggest fear? I touched on this subject previously as the Fed began its rate-hiking campaign. However, while the issue […]

CO2 & GHG

NFE to use Honeywell technologies for fast LNG projects

February 12, 2023 Mariel Alumit

US energy company New Fortress Energy (NFE) will use a series of technologies from technology company Honeywell UOP to remove various contaminants from natural gas prior to liquefaction at its fast LNG (liquefied natural gas) […]

Crude Oil News

Goldman lowers 2023 Brent price forecast to $92/bbl

February 11, 2023 Mariel Alumit

Goldman Sachs lowered its oil price forecasts for this year and next but still expects prices to rise gradually to $100 a barrel by December. Goldman lowered it Brent 2023 price forecast to $92 per […]

Fed
Finance

Fed Loan Officers Paints Dire Picture: Loan Standards Approaching Record Tightness As Loan Demand Plummets

February 7, 2023 Mariel Alumit

Late last week, when looking at the most recent Senior Loan Officer Opinion Survey held by the Fed, we noted that the surge in revolving credit has not gone unnoticed by lenders: the on bank […]

US
Downstream

US authorities enforce evacuations after train derails in Ohio

February 6, 2023 Mariel Alumit

Authorities in the US state of Ohio have threatened to arrest anyone who does not leave an evacuation zone near the smouldering wreckage of a train derailment near the Pennsylvania state line, warning that there […]

Tesla
Electric Vehicles

Ford Shares Tumble After Company Slashes EV Prices To Match Tesla Price Cuts

January 30, 2023 Mariel Alumit

Five days after we reported that Tesla was accused of ‘weaponizing’ price cuts in order to crush their competition in the electric vehicle space, Ford announced priced cuts for their electric Mustang Mach-E along with […]

Big Oil Companies

Big Oil Faces Headwinds After Record $199 Billion Profit Haul

January 26, 2023 Mariel Alumit

Exxon Mobil Corp., Chevron Corp., Shell Plc, TotalEnergies SE and BP Plc reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas prices, cost inflation and uncertainty over China’s […]

Stocks
Investments

Bonds and Bullion Drop, Stocks and Dollar Pop On Hawkish Rate-Hike-Odds Shift

January 26, 2023 Mariel Alumit

A slew of ‘hard’ data beats (GDP, Dur Goods, New Home Sales) and solid labor market data (Initial Claims), reinforced the odd decoupling between ‘soft’ survey data and the actual macro data from the US […]

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