united states

energyUS Crude Oil and Oil Product Exports Exceeded Saudi Arabia’s Oil Exports

Saudi Arabia oil exports will dip for a few days because of the damage to oil handling infrastructure. Saudi Arabia oil exports were 7,371.537 Barrel/Day in Dec 2018 and 6,968.319 Barrel/Day in Dec 2017. US oil exports including non-crude oil …

businessChina Likely Will Agree to Trade Deal to Minimize Decoupling

The US administration has stopped talking about soybean-purchase agreements and begun talk of decoupling. Is it geopolitically prudent for a large part of the US industrial supply chain to be inside of China? Why are American companies allowed to transfer …

futureCurrent Betting Market Predictions for 2020 US Democratic Race

Prediction markets have Elizabeth Warren as the most likely to become the 2020 Democratic Presidential nominee. She is at 33 cents, while Biden is at 27 cents and Bernie is at 15 cents. Prediction markets have Andrew Yang tied with …

satellitesUS Spy Satellites at Diffraction Limit for Resolution Since 1971

The image tweeted by Trump was at about 10-centimeter resolution. It was likely a picture taken by the US224 satellite. This was one of the upgraded keyhole satellites that have the same mirror as the Hubble Telescope (2.4 meters). It …

canadaUS All Liquid Oil Production is at 73% of OPEC Oil Production

US All Liquids oil production is at 19.6 million barrels per day. US oil production is forecasted to increase by 1-2 million barrels per day by the end of 2020. US crude oil production is at 12.5 million barrels per …

energyUS All Liquid Oil Domination Nears 20 Million Barrels per Day

Last week, US crude oil production reached a record 12.5 million barrels per day. Other liquids like natural gas liquids, ethanol and condensate reached 7.1 million barrels per day. The combined numbers are the all liquids production which is now …

futureOld Star Trek Was Right As US Navy Returns to Manual Switches

The US Navy will begin reverting destroyers back to a physical throttle and traditional helm control system in the next 18 to 24 months, after the fleet overwhelmingly said they prefer mechanical controls to touchscreen systems in the aftermath of …

militaryNew US Navy Cruiser Slips Three Years So Navy Will Buy More Destroyers

The Large Surface Combatant program will replace the Ticonderoga-class cruiser and the DDG-51s but the start date for new ships has slipped from 2023 to 2026 or later. The US Navy wants new cruisers to host an air defense commander …

economic impactTrade War is Turning US Trade Profile Back to 1980s Levels and Causing a GDP Hit

Wharton professors have projected that even if the recently imposed tariffs are removed, GDP will be permanently smaller relative to having had no trade war. Extending the current trade war by several more years will lead to smaller losses in …