The unexplained anomoly of 40 million actively owned electric vehicles and no drop in the bucket:

Could cheap oil be coming back? Not many years ago a barrel of oil was near $100 and not too many decades ago almost touching 200 price per barrel. Now, a large gap opened there for today’s trading index commoditized funds, but what is the consumer seeing?

Basically the same price per/liter as before? Before we get into all of this, as Rafik Hariri alluded to sayinga, you have to look in to the history!

Exhibit H. We have a graph that shows the consumption of crude oil barrels per million per day.

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Quote of the week

"People ask me what I do in the winter when there's no baseball. I'll tell you what I do. I stare out the window and wait for spring."

~ Rogers Hornsby