OIL Oil prices at five-month high on big drop in U.S. crude stocksOil & Gas 360, August 5, 2020 Oil prices rose to their highest since early March on Wednesday on a drop in U.S. crude inventories and the weak dollar, but mounting coronavirus infections weighed on the demand outlook.  U.S. crude inventories fell by 8.6 million barrels in the … read more

OIL Low Oil Prices Will Boost ConsumptionMichael Lynch, Forbes Energy, August 4, 2020 A huge number of pundits and organizations have trumpeted the idea that the pandemic will accelerate the peak in world oil demand, due to a combination of slower economic growth and changing consumer behavior. Most amusing are those who think the instability in oil prices will discourage … read more

News of the Day:        Alaska By the Numbers – FY 20 Totals Ed King, King Economics Group, August 3, 2020 Down 40,000 Jobs Oil prices averaged $52.12 in FY 20 North Slope production averaged 481,856 barrels per day OIL  Alaska doesn’t make money on taxing oil; it makes money on producing oilSam Moore, The Anchorage Press, July 28, 2020 In … read more