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  • America's Truckin Network -- 5/16/25

    America's Truckin Network -- 5/16/25
    2025/05/16
    The Labor Department reported U. S. weekly Jobless Claims; Kevin has the details and offers his insights. The Bureau of Labor Statistics reported the U.S. Producer Price Index (PPI) for April; Kevin discusses the data and the. implications going forward on Interest rates. The U.S. Retail Sales report was released; Kevin has the details. JPMorgan offers their latest predictions as to the possibility a recession this year; Kevin digs in to the report and offers his insights. US House Energy and Commerce Committee proposed replenishing the Strategic Petroleum Reserves. Oil reacts to a possible Iran nuclear deal, Russian President Putin's refusal to meet with Ukraine's Zelinsky, U.S. Crude inventory increases and the International Energy Agency upgrade of 2025 oil demand growth forecast.
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    49 分
  • America's Truckin' Network 5-15-25

    America's Truckin' Network 5-15-25
    2025/05/15
    Additional benefits from the 90-day tariff pause between the U.S and China have come to light; Kevin discusses these benefits. Goldman Sachs analysis indicates President Trump's preferred crude oil prices; Kevin discusses this and offers his insights. The U.S. Treasury released the April Tariff Revenue data; Kevin discusses the effect on the budget deficit, additionally, Zero Hedge points out other unexpected surprises in the data; Kevin has the details. Steelmaker Nucor shut down production at some of its facilities; Kevin has the details and offers his insights. Oil and gas prices react to unexpected U.S. crude oil inventory data, OPEC+ adjustments to oil supply growth forecasts and data from the American Petroleum Institute.
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    50 分
  • America's Truckin' Network 5-14-25

    America's Truckin' Network 5-14-25
    2025/05/14
    The Commercial Vehicle Safety Alliance's International Roadcheck is underway and continues through Thursday. The National Federation of Independent Businesses released their Small Business Optimism Index; Kevin discusses the results and offers his insights. The U.S. Bureau of Labor Statistics released the April Consumer Price Index; Kevin digs into the details, discussed the information and offers his insights. Oil reacts to US- China tariff relief, increasing OPEC+ crude oil production, U.S. inflation data, ceasefires and peace negotiations.
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    44 分
  • America's Truckin Network -- 5/13/25

    America's Truckin Network -- 5/13/25
    2025/05/13
    Usually weekends are slow news days, not so this past weekend. Friday, a trade deal with India was signed; later a ceasefire was announced between India and Pakistan; Ukranian President Volodymyr Zelensky agreed to meet Russian President Vladmir Putin in Turkey on Thursday; progress in talks between the U.S. and Iran over their nuclear program; the U.S. and China have agreed to slash tariffs for 90 days; President Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs; Kevin has the details and offers his insights. Oil reacts to the ceasefires, tariff deals, U.S. - China 90-day tariff pause, increased OPEC+ crude oil production and U.S. -Iran negotiations.
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    47 分
  • America's Truckin Network -- 5/9/25

    America's Truckin Network -- 5/9/25
    2025/05/09
    Kevin's thoughts on the election of the first American Pope. Kevin reacts to further comments by Federal Reserve Chairman, Jerome Powell and President Trump's reaction Powell's "wait and see" approach. Data from the U.S. Labor Department regarding Initial jobless claims and Worker Productivity were released; Kevin digs into the details and offers his opinion and insights. The first trade deal has been reached; Kevin has the who, what and when. Oil reacts to looming trade talks between the U.S. and China, the "breakthrough" deal with Great Britain, increasing crude oil production by OPEC+ and "tariff risk premium" replacing the global risk premium (Mideast tensions and Ukraine-Russian war).
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    47 分
  • America's Truckin' Network -- 5/8/35

    America's Truckin' Network -- 5/8/35
    2025/05/08
    The Federal Reserve ended its two-day meeting and announced their decision on interest rates, cut or unchanged? Fed Chaiman Jerome Powell held a press conference to offer an explanation of their decision; Kevin has the details, offers his insights and offers his opinion. Arkansas, Texas and Wyoming enact laws to improve road safety and CDL license validation, Kevin has the details. President Trump has issued an Executive Order enforcing a Federal Motor Carrier Safety Administration requirement that has been ignored since 2016; Kevin has the details and offers his insights. The U.S. Department of Labor has announced it is reviewing the Biden administration's worker classification guidance patterned after a controversial Bill passed by California; Kevin has the details and offers his perspective. Kevin has the news, geopolitical events, crude oil supply and demand information and economic conditions affecting oil and gas prices.
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    43 分
  • America's Truckin' Network -- 5/7/25

    America's Truckin' Network -- 5/7/25
    2025/05/07
    The American Transportation Research Institute (ATRI) has released research defending the repeal of the Federal Excise Tax on new trucks and trucking equipment; you will not believe the amount of the tax and what the tax was to fund; Kevin reviews the data and offers his insights. U.S. Energy Secretary Chris Wright is evaluating loans issued from the $400 Billion Green Bank fast-tracked in the period between the time President Trump was elected and Inauguration Day; Kevin digs into the data. The U.S. Department of Transportation announced changes to a Federal Highway Administration rule for states to establish emission-reduction goals; Kevin discusses the reasons for the changes. Oil and gas prices react to changes on the demand side, geopolitical events in the Mideast, additional sanctions on Russia. OPEC+'s increase in production and the U.S. dollar fluctuation
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    51 分
  • America's Truckin Network -- 5/6/25

    America's Truckin Network -- 5/6/25
    2025/05/06
    Kevin talks about his and his wife's visit, on Derby Day, to the historic Rookwood Pottery factory and later a visit to the Newport Casino to place some bets on the featured Derby race. On Friday, the Bureau of Labor Statistics released the April Jobs Report; Kevin has the details, sifts through the data, puts it into historic perspective and offers his insights. Automakers report April sales data: who's up who's down? The German Federal Statistics Office released that country's Gross Domestic Product (GDP) and consumer inflation data; Kevin has the information, offers his insights and how that affects the U.S. economy. Kevin explains how OPEC+'s crude oil production increases, geopolitical events and crude oil inventories are affecting oil and gas prices.
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    45 分