Chemical Process Simulation Class: December 8, 2018

  *Purchases are non-refundable unless the class is canceled.  This is for planning purposes, space rental, etc. Cost: $500 Venue: Hilton Hotel Houston North Instructor: Richard Carranza, Carranza Consulting Duration: 8am to 6pm 8 PDH credit Bring your laptop Exhibition Space is available for $1000, contact me TEL 832.229.0685 or richard_carranza@msn.com Objective:  Learn the fundamental…

Video: Trump expected Powell to be a ‘cheap-money’ Fed chairman

Looks like the Fed is up to its old meanness.  Click on image below to hear more.

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Commentary: Trumponomics, Part 2

As is said in Part 1 of this series, traditional economics is dumbfounded in explaining how the US currently has "overemployment" and no inflation.  Some economist have tried to say that traditional economic theories are no longer relevant and that a new age is a head.  Sort of like Einstein saying that Newtons laws are…

Commentary: Trumponomics, Part 1

The Trump economic policy has been causing a lot of confusion lately, particularly with respect to the unbelievably low unemployment numbers, high GDP growth, and nearly non-existent inflation.  This series of articles makes an attempt to try and explain all these discrepancies; although for some folks, it still may not be enough - but let's…

By The Numbers, 8/15/2018

The EIA published its Weekly Petroleum Status Report.  Here are some highlights.  All items are in millions of barrels per day except inventories, which is billions total.  Dates are defined as week ending averages, except for refinery inputs and utilization rate which is a four week ending average.  The full report can be found here.…

Press Release: New Russian Refining Subsidies Take Shape

BOSTON, MA, August 15, 2018 Russia’s oil tax reform will cause refineries to adjust investment plans, causing some to abandon discretionary fuel oil upgrading projects, according to ESAI Energy’s newly released CIS Watch. Underinvestment in fuel oil destruction will exacerbate the oversupply of fuel oil following the introduction of new IMO regulations that will cause…