Saudia Arabia’s Oil Strategy (Business Insider) Finding Value in the Oil Sector (Valuewalk) Why US output continues to rise as prices fall (Bloomberg) Conventional Wisdom on Oil is Always Wrong (538) Oil Investor bet wrong on bottom (Bloomberg) Great Primer on NGL Frac Spread (Energy Harbinger) Rig Count Drops, Oil Companies Employment to decline and here (Calculated Risk) This time is different …
Car Buyers have short memories
NPR recently did an interesting article on the relationship between gas prices and the sale of various types of vehicles. That relationship between gas prices and sales is “rather remarkable,” says John Krafcik, president of the website TrueCar. “During months when gas prices are low, less fuel-efficient cars tend to take a greater share of the market and vice versa. …