The inevitable is happening, people are finding alternative energy and alternative methods to gas guzzling.
Perhaps a time of insanity and waste is coming to an end for a while. We can hope….
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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Danielle…where did you get this chart from (i see the data is from the EIA, but where specifically on their site was this info)?
thanks
John
John, this chart was originally compiled by the Wall Street Journal, I cannot presently find it on line. I have made a request for a present location site, if I get an answer I will let you know.
Here is the site for the chart you requested:
http://wsj.net/article/SB121392646391690835.html