tag:blogger.com,1999:blog-6616959642391988608.post7694050136893691795..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Industrial production is quite strongScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-70590687239748544372015-03-11T11:28:36.985-07:002015-03-11T11:28:36.985-07:00Hopefully the production in the U.S. can continue ...Hopefully the production in the U.S. can continue to rise as we continue through 2015. Looking at the graphs, it looks like we get good production for a few years then drop hard. I know this kind of market can fluctuate easily, but we need to make sure that our production keeps going up. <a href="http://www.smithindustriesltd.com/en/machine_shop.html" rel="nofollow"> http://Anonymoushttps://www.blogger.com/profile/04848935934548608971noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-13597294817514373332014-10-18T06:27:14.887-07:002014-10-18T06:27:14.887-07:00What is wrong in Europe? The European economy (esp...What is wrong in Europe? The European economy (especially the financial sector) is configured to an unsustainable pattern of production and consumption. Some countries have unsustainable budget deficits and other countries produce for markets that are funded by these deficits. Nothing is being done to fix the problem. Periodically a country approaches default and a way is found to shift the Charleshttps://www.blogger.com/profile/00607057013050715435noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-8043873719569868072014-10-17T17:22:50.994-07:002014-10-17T17:22:50.994-07:00randy: Larry Kudlow estimates that the marginal co...randy: Larry Kudlow estimates that the marginal cost of oil production in the U.S. is $50-60/barrel. If prices were to fall that low, a lot of production would likely be shut down, and that would restore the equilibrium between supply and demand. So maybe there's scope for a significant further reduction in prices. North of $70 and south of $100, producers and consumers are going to be quite Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-90368043416905611192014-10-17T01:03:07.417-07:002014-10-17T01:03:07.417-07:00Randy---with a son like that, have no worries, he ...Randy---with a son like that, have no worries, he will do well wherever he goes.<br /><br />Side note to Scott--check your use of the word "underestimate."Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55798366465276964632014-10-16T17:20:24.528-07:002014-10-16T17:20:24.528-07:00Scott, your reasoned analyses are a real gift, tha...Scott, your reasoned analyses are a real gift, thank you.<br /> <br />"Surging U.S. oil production, in combination with slowing growth in Asian economies, is finally working to push oil prices down. Crude prices have plunged 25% year to date!"<br /><br />The oil price drop seems complicated... at what point is the benefit to consumers outweighed by a slowdown in industry that can't randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.com