A few comments from Steven Kopits of Princeton Energy Advisors LLC on September 7, 2018:”That’s all, folks!” • Oil rigs declined, -2 to 860 • Horizontal oil rigs gained, +1 to 766…• Horizontal oil rigs have gone exactly nowhere in the last 12 weeks • The breakeven oil price to add horizontal oil rigs...
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Salt Lake City Real Estate Overview Salt Lake City is the largest city in Utah, though it tends to be overlooked by real estate investors as just another part of “flyover” country. The Salt Lake City real estate market was ranked one of the toughest real estate markets for Millennials due to limited supply relative...
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From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. August 2018 was yet another good month for rail traffic. U.S. railroads originated 1.39 million carloads in August 2018, up 3.8% (50,335 carloads) over August 2017. …U.S. railroads also originated 1.44 million intermodal containers and trailers in August...
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The BEA released their estimate of August vehicle sales. The BEA estimated sales of 16.596 million SAAR in August 2018 (Seasonally Adjusted Annual Rate), down 0.6% from the July sales rate, and up 0.9% from August 2017 (August was the weakest sales month last year due to the impact of the hurricanes). Through August,...
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Types of Mortgage Loans When you start searching for mortgage options, you will probably find out that there are different types of mortgage loans to choose from. With so many types of mortgage loans, you may most likely don’t know where to begin. You know you need to pick the best mortgage rate, however, you...
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How To Lower Property Taxes On Your Home?? There is an entire political discussion around taxes: are they fair or unfair? Are you paying your fair share? During the last election cycle, President Trump received a lot of attention when he said, “I pay no taxes.” But what most people don’t realize is that...
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A few comments from Steven Kopits of Princeton Energy Advisors LLC on August 31, 2018:”That’s all, folks!” • This week marks a psychological turning point in the oil cycle • Total oil rigs rose, +2 to 862 • But horizontal oil rigs declined, -1 to 765…• Horizontal oil rigs have gone exactly nowhere in...
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Baltimore Real Estate Data Baltimore looms large in American history. First settled in the 1600s, it was one of the largest cities in the U.S. in the colonial era. It is often thought of as a distant suburb of Washington D.C. today, an industrial city on the decline. Yet this city is experiencing a...
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The key report this week is the August employment report on Friday. Other key indicators include the August ISM manufacturing and non-manufacturing indexes, August auto sales, and the July trade deficit. —– Monday, Sept 3rd —–All US markets will be closed in observance of the Labor Day holiday. —– Tuesday, Sept 4th —–8:00 AM:...
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