Tuesday, November 30, 2021

Monday, November 29, 2021

EVs: Nissan Announces $18 Billion Electrification Plan -- November 29, 2021

The Nissan Leaf was the first modern mass market electric car launched in the US a decade ago. Data points:

  • $18 billion through 2030
  • 23 electrified models that includes hybrids and 15 all-electric vehicles

Thursday, November 25, 2021

The SPR Release

November 25, 2021:

  • refiners operating at 86% operating capacity; not because shortage of oil; plenty of oil
  • released oil will be delivered to / sold to China / India
  • why did price of oil go up? reasons:
    • oil released was heavy, sour oil
    • US refiners need light oil to balance heavy, sour oil to refine
    • if refiners take that heavy, sour crude they will need more WTI (light oil) / Brent (also light oil) to balance the heavy, sour oil that was released (that needs to be fact-checked; I haven't seen source for "wrong kind of oil" -- accurate or simply a meme?)
    • other possibility for price increase, at least for oil company equity (stocks)? algorithms

November 25, 2021: the SPR release, where we stand --

  • $5 / bbl gift to Big Oil; backwardation; it's a swap; oil companies replace expensive oil (which they get for free "today") which cheaper oil in the future
  • takes a minimum of thirteen days to get this new oil to refineries so will have no effect on refiners until well after Thanksgiving;
  • refiners currently operating at 86% capacity; already a glut of oil;
  • most oil released from SPR will be delivered to / sold to China and India
  • the big question is why did the price of oil "recover" immediately after the release announced
  • I think it has to do with the algorithm(s)

Tuesday, November 23, 2021

CDC Error With Spreadsheet -- November 23, 2021

Something screwy is going on. The CDC seems to rarely make errors in their spreadsheet at this link. I've never been able to "catch" the errors. 

But today, very, very clear.

A screenshot of my data clearly shows that "fully vaccinated" as reported by the CDC is in error. My hunch is that the number for November 23, 2021, should have been 196,973,992 and not 195,973,992, as reported by the CDC. We'll see tomorrow if the error is corrected.

This is the screen shot of the CDC spreadsheet of "at least one dose":

This is the screen shot of the CDC spreadsheet of "fully vaccinated":