Monthly Archives: March 2016

Different kinds of intervention

Honduras has been the focus of US intervention for over a century.  While corrupt Honduran “leaders” bear most of the blame for the country’s situation, the US government, often at the behest of private interests, has not helped.  From Stephen Kinzer:

http://www.bostonglobe.com/ideas/2016/03/29/hard-choices-honduras/sLI9xnEw6TWXQgGb9ZVTZO/story.html

Oil Rigs, Production, Imports, and Storage

US oil rigs in operation have fallen from a high of 1609 in October 2014 to 372 last week, according to Baker Hughes.  US oil production has fallen from 9.61 million barrels/day in June 2015 to 9.02 mbd last week, according to the EIA.

However, imports of oil into the US has increased during that same time, and the total amount of oil in storage in the US has risen.

oil rigs, prod, impoil storage