Tag Archives: OIL

Export / Import Price Deflation in April 2013

Written by Steven Hansen In April 2013, year-over-year price deflation continues in import prices for 11 of the last 12 months . Export price price are also deflating this month: with imports down 0.5% month-over-month, down 2.6% year-over-year and exports … Continue reading

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Export / Import Price Moderation Continues In March 2013

Written by Steven Hansen In March 2013, year-over-year price deflation continues in import prices for 10 of the last 11 months . Export price price inflation grew marginally year-over-year but fell month-over-month: with imports down 0.5% month-over-month, down 2.7% year-over-year … Continue reading

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Export Price Deflation Continues In February 2013

Written by Steven Hansen In February 2013, year-over-year price deflation continues in import prices for 9 of the last 10 months – although the amount of deflation is now microscopic. Export price price inflation grew marginally: with imports up 1.1% … Continue reading

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Dude, Where’s My Cheap Gas?

by James D. Hamilton, Econbrowser.com This article was originally published at Econbrowser. Those who have been told that oil production is booming may be wondering why the prices of oil and gasoline are climbing again.

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Export Price Deflation Continues January 2013

Written by Steven Hansen In January 2013, year-over-year price deflation continues in import prices for 8 of the last 9 months. Export price price inflation grew marginally: with imports up 0.6% month-over-month, down 1.3% year-over-year and exports up 0.3% month-over-month, … Continue reading

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Stratfor: Russian Energy Strategy

By By Lauren Goodrich and Marc Lanthemann, Stratfor The future of Russia’s ability to remain a global energy supplier and the strength the Russian energy sector gives the Kremlin are increasingly in question. After a decade of robust energy exports … Continue reading

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Seaway Pipeline No Panacea for Cushing’s Oil Glut

by EconMatters EIA Report The weekly EIA report came out last week and one of the noteworthy data points was the Cushing, Oklahoma storage numbers. Already at a record, Cushing added another 1.8 million barrels to storage sending total Cushing … Continue reading

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Export Price Deflation Continues in December 2012

Written by Steven Hansen In December 2012, year-over-year price deflation continues in import prices for 7 of the last 8 months. Export price price inflation grew marginally: with imports down 0.1% month-over-month, down 1.5% year-over-year and exports down 0.1% month-over-month, … Continue reading

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The New Era of Oil Renaissance

by EconMatters In a continuation of our series on the state of the oil industry we look at some of the other ramifications of what we are labeling the Oil Renaissance in the US, and around the world for that … Continue reading

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Oil, Gasoline Markets End 2012 with Swollen Inventory Levels

by EconMatters EIA Inventory Data In analyzing the last EIA report of the year it is noteworthy that gasoline stocks really rose the last 5 weeks of the year. The takeaway isn`t so much that gasoline inventories rose 23 million … Continue reading

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Manipulation of Gasoline and Oil Markets

Gasoline & Oil Markets Rigged Far Worse Than Libor By EconMatters UBS paid $1.5 Billion for manipulating Libor, and Barclay`s already paid the piper for manipulating the Libor rate. Well, it is about time the CFTC get its act together, … Continue reading

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Export Price Deflation Continues in November 2012

Written by Steven Hansen In November 2012, the price deflation continues in import prices for the seventh month (last month’s inflation was wiped away with backward revision).  Export price price inflation moderated: with imports down 0.9% month-over-month, down 1.6% year-over-year … Continue reading

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Oiling the Rebalancing Machine

by Guest Author John Mauldin, Thoughts from the Frontline A consistent theme in this letter has been the connections between items that may seem to be far removed from each other but are actually linked at the very core. If … Continue reading

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WTI Crude Oil To Test $65 Level in 2013

By EconMatters WTI closed November just shy of $89 a barrel on hopes of an improving economy. I think there is an argument for an improving economy in 2013, but it is just too early to tell how things are … Continue reading

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Slight Export and Import Price Inflation in October 2012

Written by Steven Hansen October 2012 broke the 5 month string of import and export price deflation with imports rising 0.4% year-over-year and exports rising 1.4% year-over-year. There was general price inflation across most imports, while export price inflation was … Continue reading

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Export and Import Price Deflation Remains in September 2012

Written by Steven Hansen September 2012 is the fifth month of the unusual event of both import and export prices showing year-over-year deflation. Export / Import prices have deflated several times without a recession occurring – however, deflation is a … Continue reading

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Export and Import Price Deflation Continues in August 2012

Written by Steven Hansen August 2012 is the fourth month of the unusual event of both import and export prices showing year-over-year deflation. Export / Import prices have deflated several times without a recession occurring – however, deflation is a … Continue reading

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Dealing with Territorial Claims in a Thawing Arctic

by Ricardo Cornejo, GEI Associate Santa Claus’s days of reigning over a sovereign and independent North Pole are ceasing to exist as temperatures in the Arctic Circle warm up and the natural resource, land grab by surrounding countries nears. Danish … Continue reading

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Export and Import Prices Continue to Deflate in July 2012

Written by Steven Hansen July 2012 is the third month of the unusual event of both import and export prices showing year-over-year deflation. Export / Import prices have deflated several times without a recession occurring – however, deflation is a … Continue reading

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Export and Import Prices In Full Deflation Mode in June 2012

Written by Steven Hansen There is only marginal correlation between economic activity, recessions and export / import prices. Prices can be rising or falling going into a recession. Econintersect follows this data series to adjust economic activity for the effects … Continue reading

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