For whatever it’s worth, it seems diesel fuel and heating oil are set to climb, with a final peak next March. A cold winter could speed that up, but Ukraine...
India’s refiners are reducing purchases of Russian crude for November delivery because its price advantage has largely disappeared. Chinese demand is pushing up...
As I reported, I was told that President Donald Trump was going to “strong-arm” Zelensky into a ceasefire regarding energy. Trump has made more than 6...
Ryanair chief Michael O’Leary says jet fuel is now about 50% more expensive than before the Iran war and expects those elevated costs to persist for another 12 to...
The average 30-year mortgage has jumped to 7.49%, the highest since November 2023. This is happening while everyone continues to obsess over what the Federal...
Earlier this year, as the energy crisis sent gasoline prices soaring, Washington began waiving the very fuel regulations it had insisted were necessary. The...
The housing market is being squeezed from a direction most people still do not understand. The 30-year mortgage rate jumped from 7.03% to 7.28% in a single week,...
PRIVATE BLOG – House Prices – Public to Private Flows Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to...
For years, Washington proclaimed that sanctions would shut down Iranian oil exports. They never did. Iran adapted because markets ALWAYS adapt. Tehran assembled a...
