YesThe Rabbit Hole (@TheRabbitHole):“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.”— Thomas Sowell https://t.co/1Dci8grbHU ...

Yes, but:(1) Relative strength is critical because the US business model is issuance of the global reserve currency. Losing relative status means losing that.(2) Much of the US economy is fake & financialized. Look at the debt and production graphs.https://t.co/rhWLOzMui5Inev May (@InevMay):@balajis You might be right but this graph is misleading. If you look at the USA for example, its proportion of global economy has shrank (% on the graph), but the actual volume of its "piece of the pie" has increased. ...

Variable costs move with production, while fixed costs stay steady. The mix between the two affects everything from pricing to profit margins. Here’s how businesses find the right balance:https://t.co/jZMpiUKfFM https://t.co/4PdNTbvdUc ...

So Opec+ meeting, they brought back this 137,000 barrels a day to the market as expected. But perhaps the hawkish surprise is the fact that they decided to hold off and the first three months of next year. What what is the rationale for that decision.What did they provide as rationale. Well, I mean, I think, you know, you look at what what can be the rationale, but you also look at the context that's all given in. And, you know, OPEC is always saying that they're looking at the market and they're trying to ...

OPEC+ is unlikely to curb production increases until oil prices fall further, argues @JavierBlas #OOTT (via @opinion) https://t.co/MCXeznBUG5 ...

Production Expansion - Tesla's goal is to rapidly increase future production [1]

Market Trends & Oil Prices - Oil prices have been weak this year, benefiting American drivers with gasoline prices nearing $2 per gallon in some areas [1] - Citigroup expects oil prices to move around $60 per barrel on a Brent basis [4] - Unexpected US-India trade deal reports could involve a partial curtailment of Russian oil imports from India, impacting oil prices [5] OPEC Strategy & Production - OPEC has been adding barrels to the market but may switch its strategy at any time, potentially pausing or reversing production increases [2][6] - Over the next couple of months, OPEC is expected to continue adding around 140 thousand barrels per day [7] - Saudi Arabia is assumed to freeze production at 103 million barrels per day, and Russia will maintain production at around 101 to 102 million barrels per day [7] - The market is still long next year, though not as long as the IIA expects, suggesting OPEC should cut around 2 million barrels per day in mid-first quarter next year [8] Future Outlook & Investment - A longer-term supportive picture is anticipated, although a rocky path is expected before reaching that point [9] - China could provide some support, along with a reaction from lower shale production and potential USSPR intakes [10] - Lack of investment could lead to a great shortage of oil in a couple of years [9]

Saudi Arabia’s fiscal and current accounts would benefit most from a rebound in oil prices and production, according to the IMF https://t.co/4NmD7yKGCI ...

While there are countries that produce much larger yachts on average, like The Netherlands and Germany, for example, Italy leads in terms of sheer units. (Photo: Sanlorenzo) https://t.co/V5qJcZwdE4 https://t.co/T6yLBw0XUg ...

Russia’s sanctioned Arctic LNG 2 project raised production to record levels during the last days of June as the facility appears to have resumed loading cargoes https://t.co/4G143Jl6Ya ...