Rice University Football Postponed Until Oct 24, 2020

The Owls announce that their game against Marshall, originally scheduled for Oct 3, is postponed; and so is the game against UAB, originally scheduled for Oct 10. Their first game is scheduled for Oct 24 against Middle Tennessee, at Rice Stadium. Official football practice is postponed until "late" September, 2020 - I have not been…

By The Numbers, 9/16/2020

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 utilization rate which is a four week ending average.  The full report can be found here. Item9/11/209/4/20Refinery Utilization Rate %76.677.9Petroleum…

Article From Fox News: Trump admin shuts down CDC training that purportedly flouted executive order on critical race theory

President Trump's administration canceled another critical race theory training that was set to occur through the Centers for Disease Control and Prevention (CDC) despite the president's recent executive order banning those types of events, the Office of Management and Budget (OMB) said Tuesday. OMB Director Russ Vought announced the decision just a day after Discovery Institute researcher…

Press Release From CNBC: Oil jumps nearly 3% as Gulf Coast storm forces output cuts

Oil prices rose nearly 3% on Tuesday, supported by hurricane supply disruptions in the United States, but demand concerns loomed as energy industry forecasters predicted a slower-than-expected recovery from the pandemic. Brent crude rose 92 cents, or 2.3%, to $40.53 a barrel, while West Texas Intermediate crude futures gained $1.02, or 2.74%, to settle at $38.28…

Article From Offshore Engineer Magazine: Oil Industry Paints Grimmer Picture of Pandemic’s Harm to Demand, 9/15/2020

Major oil industry producers and traders are forecasting a bleak future for worldwide fuel demand, due to the coronavirus pandemic's ongoing assault on the global economy. The novel coronavirus hammered fuel demand in the spring, causing consumption to drop by more than one-third as billions of people worldwide restricted their movements. Consumption rebounded in the…

White House Press Release: President Donald J. Trump Has Brokered a Historic Deal Between Israel and the Kingdom of Bahrain

President Donald J. Trump, 9/11/2020 SECURING ANOTHER HISTORIC AGREEMENT: President Donald J. Trump has brokered a deal to establish full diplomatic relations between Bahrain and Israel – the second such agreement between Israel and an Arab nation in less than one month. Israel and Bahrain have committed to begin the exchange of embassies and ambassadors,…