From EIA:
Strategic Petroleum Reserves through 9/18
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Diesel up 67.5% Relative to Pre-War
From the Gasoline and Diesel Fuel Update:
Confidence Slips (Way) Below Consensus
Conference Board index registers 81.9 vs consensus 89.2 (and previous 88.6). It’s currently three standard deviations below mean.
Yields Up (Again), Yield Curve Steepening
As of today’s close:
Bond Yields: Two Pictures
Over 5.2%:
Guest Contribution: “Oligarchy is a Symptom, Not the Cause”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version was published in Project Syndicate.
Nonresidential Fixed Investment in the DotCom Boom/Bust
What did we think was happening back then, compared to what we know now?
Is It Real?
Rise in 10 year rates is mostly showing up in real rates, as proxied by TIPS.
Diesel and Heating Oil Dependency, by State
As share of total diesel+heating oil+gasoline consumption volume (a somewhat strange measure to me, but probably gets the idea across), from Nate Silver:
Refiner Capacity Utilization at 97.5
As of September 11.