Ford

Frontrunning: June 21

  • Republican Handel Wins Georgia House Seat, Dashing Democrats’ Hopes (BBG)
  • Uber CEO Kalanick Quits as Investors Revolt (WSJ)
  • Saudi King’s Surprise Shakeup Clears Son’s Path to the Throne (BBG)
  • After weeks of secrecy, U.S. Senate to unveil healthcare bill (Reuters)
  • Latest Election-Hacking Hearings to Focus on State-Level Events (WSJ)

Remember When Ford 'Cancelled' That Plant In Mexico? Well, They've Just Moved It To China

Trump's victory lap back in January after Ford cancelled plans for a brand new $1.6 billion production facility in Mexico may have been premature.  As it turns out, per a press release from earlier this morning, one of the first strategic actions taken by Ford's new CEO, Jim Hackett, will be to relocate the company's 'Focus' production to China rather than Mexico.

Shale Efficiency Has Peaked For Now As Rig Count Surges For 22nd Straight Week

North America’s education on how to make oilfields more productive appears to be stalling. After a breathtaking uphill sprint, productivity data from the U.S. Energy Information Agency shows that the last few thousand oil wells in top-class American plays may have hit a limit—at least for now.

New US Shale Play Emerges As Rig Count Rises For 21st Week In A Row

Crude production from the Lower 48 dropped marginally last week, despite rig counts rising for then 21st week in a row (to its highest since April 2015). While the Permian has dominated the conversation in recent months, there is a new big US shale play starting to emerge...

The Demographic Divide: A Police State Of Mind

"... the last thing any of us want to see is a Police State of any kind. But the growing risk is that the next recession and deflating asset prices could well alter the rules of engagement between federal and state authorities on more levels than any of us care to envision."