As an opponent of climate emergency hysteria, I find it ironic that Hurricane GORDON has been named, given its current status. Based on past statements by Federal Reserve Chairman Jerome Powell and his criteria for interest rate cuts, any cuts will be more politically motivated than "...to promote the stability and efficiency of the U.S. economy and financial system." Due to weak August economic data, oil reacts to mounting supply disruptions, potential interest rate cuts, falling U.S. crude inventories, and weak crude oil demands.

Kevin's thoughts on the second assassination attempt on Donald Trump. Economists looking forward to the Federal Reserve possible interest rate cut; will it happen? Super Harvest Moon lunar eclipse tonight, best time to view. Goldman Sachs CEO David M. Solomon "scorches Kamala Harris for turning a report from an independent analyst into 'something that's bigger than what it was intended to be.' Oil reacts to the second assassination attempt on Donald Trump, ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico, weaker Chinese economic data released over the weekend and reports that a missile launched by the Houthi terrorists hit Israel.

Consumer Price Index (CPI) report was released. The Stock Market, Oil Market, businesses, etc. were looking for this final piece of the puzzle as to whether and how much the Federal Reserve will cut interest rates. Did this report support or undermine interest rate cuts? Kevin takes a look at various items in the CPI, which prices are up, which are down. A liberal news organization commits journalism. How is hurricane Francine and an increase in crude inventories affecting oil prices.

Kevin's take on the Trump vs. Harris debate. Kevin talks about the 23rd anniversary of 9/11/2001. Hero truck drivers surround a school bus during a shooting on the highway. Volkswagon deals with Chinese imports. Volvo reverses the EV push, and oil reacts to decrease the oil demand: Tropical Storm Francine and the weak Chinese economy.

Kevin takes a look at last Friday's Jobs report, the not so good, the bad and the ugly. Drilling down into the jobs report, an increasing shift from full time to part time and which sectors added jobs and which sectors lost jobs. There has been a significant shift between native-born workers and "foreign-born" workers. Volkswagen is considering closing factories in Germany for the first time in its 87-year history. Oil reacts to potential hurricane formation in the Gulf of Mexico, Libya (again) curtailing production, OPEC+'s decision to delay planned output increases, the sluggish U. S economy and China showing no signs of improving economic conditions.

Americas Commercial Transportation Research releases Used Class 8 Retail Summary for July: what trends does it show, does it provide optimism going forward and how is inflation, unknown timing of interest rate reduction and lagging freight rates affecting sales. On the heels of a truck driver pay report earlier this week the American Trucking Associations (ATA) releases their Driver Compensation Study; some notable trends and surprises in the report. Oil prices react to demand concerns in the U.S and China, a likely rise in supplies out of Libya, greater than expected reduction from U.S. crude inventories, slower U.S. job growth and OPEC+'s decision to postpone output increases.

Tuesday morning, I covered the Trucking industry reacting to the DEA proposal to downgrade marijuana. Some are now taking about whether this will become a "potent" political issue during the November presidential election. The Federal Reserve's preferred inflation gauge, The Core Personal Consumption Price Index (PCE) report has been released; what this means regarding potential interest rate cuts at their meeting Sept. 17-18. U.S. Manufacturing Purchase Managers' Index was released, is the trend up or down. The Commerce Department revised its initial Gross Domestic Product (GDP), the total output of goods and services. Crude oil reacts to pessimism about demand uncertain supply increases; lackluster data from the U.S. and China as well as awaiting crude oil inventory reports.

Kevin looks at the Fleet Intel Report Qtr. 2 Driver Pay Trend Tracker Report. Huge shipping company files for Chapter 11. Where have all the hurricanes gone? How the possible restart of Libyan crude oil production and exports, the weaker-than-expected Chinese manufacturing Purchasing Managers Index, the expected increase in the U.S. Summer driving season failure to materialize, and the sluggish European economy are affecting oil prices.

Trucking organizations reacted to the DEA Proposal, downgrading marijuana from a Schedule 1 to a Schedule III Controlled Substance Act violation. Crude oil prices responded to light trading due to the Labor Day holiday, oil exports at major Libyan ports halted, OPEC and OPEC+ plans to increase oil output in October, and evidence that China's economy is not recovering as expected with the report that manufacturing activity sank to a six-month low.

Shout out to truckers who will be working over this holiday weekend. California Trucking Association ends AB 5 (eliminating independent contractors) legal challenges. Oil Change International issues report claiming Countries are preparing to waste hundreds of billions of dollars on Carbon Capture technology. The Guardian mocks Climate Change stupidity. Biden-Harris Administration doles out $400 billion of EPA grants to its "Environmental Justice Advisers!" Oil reacts to crude oil supply disruptions in Libya. Iran announced plans to lower output, expectations that the Federal Reserve "may" start cutting interest rates in September, and indications of less oil demand in the U.S. and Europe.

Kevin discusses the Consumer Confidence Index released on Tuesday. Because of a bill signed into law by Gov. Tim Walz, in 2023, Minnesota fuel taxes to jump in 2025 through 2027. A new fuel analysis by the Tax Foundation shows the states with the highest to the lowest diesel and gas TAXES. Estes acquires 7 leased terminals previously operated by bankrupt Yellow Corp. Crude oil prices react to a smaller-than-expected draw on crude stockpiles; China's struggling economy and slowing oil demand; the potential loss of Libyan oil output and escalating fighting between Israel and Hamas and Hezbollah.