Oily Financials

Buried beneath continuous news awash with death, destruction, and The Donald, events in the oil industry are low-key, but financially catastrophic on many levels. Good nutshell-analysis at OilPrice.com: This downward spiral will lead to further credit downgrades and bankruptcies within the oil patch. All the while, access to credit is shrinking across all sectors due to…

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Economic Eruptum

Just when you figured the freaked-out plate was full, from global warming to ISIS to Trump/Palin, now comes the cash-flow event — from NASDAQ this afternoon: ‘The Dow Jones Industrial Average tumbled 376 points, or 2.4 percent, to 15640, after earlier dropping as much as 565 points.’ Rapidly-tanking oil prices are sucking everybody down the drain-hole…

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Rain&Oil

Overcast and gray this Tuesday afternoon on California’s north coast as real-rain has given way to misty drizzle and sparse sprinkles — the big storm supposedly for today was quiet for us along the shoreline. Forecasters call for a slight-period of semi-dry until Thursday. In another type respite, yesterday I put $20 worth of gas…

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Extreme Normal — Gas Up

Overcast with occasional sprinkles this early Sunday on California’s north coast, with more rain expected to spatter-through later today. Last week,the NWS released preliminary rainfall totals for November — a bit better than last year (5.30-inches vs 5.11 in 2014), but well under the average for a ‘normal‘ month (6.73-inches). Not much in the way of…

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‘Negative Emissions’ — ‘Extremely Risky’

As COP21, the UN climate talks in Paris starts its second and final week of negotiations today, the outcome for people alive on earth right now is not so bright, despite any-type result from the conference. Even maybe for those yet unborn… In the face of that, rare, positive news (via Stanford.edu) — a new…

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Pump It Down

Overcast, dark and chilly this Thursday morning on California’s north coast, a natural stage set for fairly-heavy rain due sometime this afternoon — according to the NWS, we could get more than half-an-inch before tomorrow. Supposedly, the rain-front is expected to be quiet through the weekend, with the next go around forecast for next Tuesday,…

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Melting Talks

In a world getting warmer quick, what was considered ‘stable,’ might go unhinged, even in colder, drier climes — like Greenland’s northeastern glaciers. From Scientific American: But a new study detailed in the journal Science shows that two of those glaciers are showing worrying changes, and that one has been retreating at an accelerating rate…

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