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What the Transports are Telling Us about the Economy.

It’s a theme we continue to write about. Transportation continues to be one of the key barometers of economic activity. When the transportation sector is moving, America is moving (to…

China Steel Market Woes Continue.

When we think about the Chinese steel industry (as a barometer for economic activity), we see prices down across the board. How do we explain it? Is it an oversupply…

Saudi Arabia Wields the Crude Oil Sword. $

Saudi Arabia Wields the Crude Oil Sword.    $

When your enemies get the majority of their GDP from oil and you sit on top of a mound of cash and have a ton of the commodity yourself, it…

Crude Oil Inching Up. $

Crude oil prices are inching up once again largely because of two factors. First, there is some evidence now that the impact of low oil prices is having a material…

Gasoline Price Update

We just wanted to show you that gasoline prices are still $1.18 per gallon lower than they were a year ago. Despite some more aggressive exporting by US refineries, we…

Be Aware, But Hold Tight on Worry about Oil. $

There are so many factors working on oil prices that it is difficult to even begin to forecast where this market is headed – and where your fuel costs are…

Quick Jet Fuel Update.

This is a bit random, but we have covered diesel and gasoline a lot lately but haven’t hit jet fuel in a while. The chart at right shows the relative…

Should Keep an Eye on Corn. $

Corn plantings were estimated higher than expected, which impacted corn futures today. The USDA said that farmers would plant a five year low level of corn at 89.2 million acres.…

One More for Manufacturing.

Many of our members are manufacturers and you probably are interested in what the macro raw material input cost looks like. Again, there is a macro index that we can…

A New Index for You. $

We like to throw some new stuff at you from time to time; maybe it’s a useful too. There is an index out there called the Agricultural Raw Materials Index…

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