Before Tesla reported second quarter results, the question wasn’t so much whether production and sales had fallen, but by how much?

Based on Ursa’s SAR activity index, Tesla’s Q2  production was forecasted at 83,000 vehicles, nearly exactly what Tesla reported.

To what extent has China’s economy sprung back life? Are official statistics painting a rosier picture than reality?

And how does China fit into the rest of the world?

Can China supply enough oxygen to resuscitate the global economy? Or will the transmission work in reverse? Will weakness in the global economy ultimately hobble China?

Halliburton, the world’s second-largest oil field services company, was formed in Duncan, Oklahoma more than one hundred years ago.

According to company lore, Eric P. Halliburton began an oil well cement business in Duncan in 1919 after borrowing a wagon, mules and a pump.

With the amount of crude in storage at Cushing, Oklahoma falling to multi-year lows, oil prices should be deep into bull market territory. Right?

Not exactly.

One of the remarkable things about the crisis in Venezuela has been the oil industry’s ability to survive even while the rest of the economy faces a state of collapse.

The country’s production has indeed fallen to levels not seen for decades, but still managed to keep daily output north of 1 million barrels per day.