Friday, July 3rd, 2020 - AUSTIN – Thursday night, the State Republican Executive Committee (SREC) of the Republican Party of Texas (RPT) passed a resolution in support of moving forward with the Party’s in-person Convention at the George R. Brown Convention Center in Houston from July 13-18. “After extensive debate Thursday evening, the State Republican…
July 2, 2020 - Crude exports from the Louisiana Offshore Oil Port (LOOP) are hitting a record high even as U.S. crude exports have fallen as the coronavirus pandemic has chopped worldwide fuel demand. Oil majors Royal Dutch Shell Plc and BP Plc are the main winners from rising LOOP exports, because they pump most…
Here are the latest numbers from EIA. What we see is oil production, down; refinery utilization, down; petroleum inventories, up. How much worse can it get?
I smell a rat. Why would this woman resign, when she broke no laws, did not use profanity, and did not even mention names? I think it is interesting because this attorney was not fired, she quit. Her boss, Harris County District Attorney Ogg, however stated, in essence, either you play along or YOU'RE GONE! …
Federal Reserve officials raised concerns about additional waves of coronavirus infections disrupting an economic recovery and triggering a new spike in unemployment and a worse economic downturn, according to minutes released Wednesday by the central bank about its June 9-10 meeting. Fed Chair Jerome H. Powell has repeatedly said that the path out of this…
Here are the latest numbers on the disease. Unfortunately, I cannot make any sense out of it. This "Chinese" virus started in China but the pandemic has been over and done there since late February. It is also over in Spain and Italy. Mexico is not too bad off. Why are the numbers rising in…
The Texas Republican Convention is going to be held at the George R. Brown Convention Center next month. I attended this event in Dallas, 2016. If you like politics, then you need to be there. The reason why it is so important to attend is because it is REAL. This is not an event where…
June 29, 2020 - Oil and gas company Kosmos Energy has into a crude oil prepayment agreement with commodities trader Trafigura for a portion of its production in the U.S. Gulf of Mexico. The prepayment agreement provides up to $200 million of crude oil sales primarily related to a portion of the company's 2022…
McDermott lost $2909 million in 2019. Executive pay for the top 5 slots is $26.4 million. I did a little ratio analysis and did not really find anything out of place. The only glitch might be how much executive pay relates to total administrative costs. I got about 9%. Executive pay is typically characterized as…
NASCAR announced recently that there was no hate crime regarding the noose found in Bubba Wallace's car stall. NASCAR President Steve Phelps detailed Thursday afternoon via teleconference findings from NASCAR’s internal investigation, which has concluded, into the noose found in the garage stall of No. 43 driver Bubba Wallace at Talladega Superspeedway last weekend. A…
