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Title : So Much Could Be Written -- June 9, 2017
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So Much Could Be Written -- June 9, 2017

What a doofus
New York Times: drives head into summer with a gift at the fuel pump.

• Look no further: The average nationwide gasoline price on Friday was the lowest for this point of the year since 2005, according to GasBuddy, a website and smartphone app designed to help drivers find the best deals at the pump
• The immediate cause of the price break was the shock to global oil markets that came when the Energy Department reported this week that domestic inventories of both crude oil and gasoline had surprisingly surged the week before despite heavy driving on the Memorial Day weekend
• Crude oil prices plummeted by more than 5 percent on Wednesday alone, and are near a one-year low at less than $46 a barrel

Gee, I wonder why that surge in US crude oil inventories? Tell us again that Washington will ban fracking. Peak oil? What peak oil?

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