---
title: "Constructive Oil & Labor"
url: https://independentstockanalysis.com/oil-and-labor/
description: "The amazing shift in US fuel consumption trajectory since 2004 is a function of the oil price and has effected both supply and demand: Fuel economy is…"
published: 2013-03-14
updated: 2013-03-14
---

# Constructive Oil & Labor

Published 2013-03-14

Posted on

by

J.J. Butler

The amazing shift in US fuel consumption trajectory since 2004 is a function of the oil price and has effected both supply and demand:

- Fuel economy is large piece of the story ([Wards Auto](http://wardsauto.com/politics/record-fuel-economy-us-light-vehicles-february#.UUCO4Aka43I.twitter))
- A whole lotta information in the Energy Outlook from the [EIA](http://www.cmegroup.com/education/files/eia-short-term-energy-outlook-2013-03-12.pdf).
- OPEC: U.S. Shale Oil to Cut Into Demand at the [WSJ](http://online.wsj.com/article/SB10001424127887323826704578356160577328022.html?mod=googlenews_wsj). Use google…
- Exxon vs. Chevron in Charts including dividend growth at [Ycharts](http://ycharts.com/analysis/story/exxon_vs_chevron_in_charts?utm_medium=email&utm_campaign=YCharts+Analysis+Digest+DHI+SFD+XHB+ABT+MAS+XOM+GSK+TSN+-+Non-Pro+-+DIGEST&utm_content=YCharts+Analysis+Digest+DHI+SFD+XHB+ABT+MAS+XOM+GSK+TSN+-+Non-Pro+-+DIGEST+CID_90158ce94ff567515b86e2d43350d2bb&utm_source=email&utm_term=Read).
- FedEx CEO: Truck Fleets to Shift to Natural Gas From Diesel at [WSJ](http://online.wsj.com/article/SB10001424127887323628804578348631137173040.html).
- In U.S., nuclear energy loses momentum amid economic head winds, safety issues at [Washington Post](http://www.washingtonpost.com/business/economy/2013/03/11/fb6d61c2-715e-11e2-ac36-3d8d9dcaa2e2_story.html).
- “Here are five key themes from company presentations, discussions with buy-siders, and comments at the energy dinner.” [Raymond James](http://www.raymondjames.com/Branches/c2c/7ho/Whittakercooper/resource.asp?page=energy_stat.htm)

Being boorish and seeing the glass as half empty is easy in 4 simple charts showing how little the US job market has  ([Jimmy Pethokoukis](http://www.aei-ideas.org/2013/03/4-simple-charts-that-show-how-little-the-us-job-market-has-/)) and The Chart That Proves That The Mainstream Media Is Lying To You About Unemployment ([Economic Collapse Blog](http://theeconomiccollapseblog.com/archives/the-chart-that-proves-that-the-mainstream-media-is-lying-to-you-about-unemployment)).

*ISA*is more constructive. Job Openings Increase as U.S. Labor Market Improves ([Bloomberg](http://www.bloomberg.com/news/2013-03-12/job-openings-increased-in-january-as-u-s-labor-market-improved.html)) and Employers Report Positive Hiring Plans ([WSJ](http://blogs.wsj.com/economics/2013/03/12/employers-report-positive-hiring-plans/)). Factory hours worked and hiring are especially strong ([Bloomberg](http://www.bloomberg.com/news/2013-03-13/workweek-tying-longest-since-wwii-spurs-hiring-at-u-s-factories.html)).

Pent up housing demand at [Value Plays](http://www.valueplays.net/2013/03/12/boomerangs-to-add-to-housing-demand/).

A “Rush” back to the Gold Miners about to take place? at [Kimble](http://blog.kimblechartingsolutions.com/2013/03/a-rush-back-to-the-gold-miners-about-to-take-place/). Louise Yamada’s thoughts at [KWN](http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/8_Yamada_-_4_Spectacular_Gold_&_Silver_Charts.html).