Posted November 30, 2022
By Matt Insley
Escape from Los Angeles
It’s one of the big benefits YOU provide us. We send this letter to give a morning hit of useful insight to our readers.
But it’s a bonus when readers provide us with real-time intel about what’s going on under the hood of this economy.
Like this contributor, who wrote:
“All I can say is I wish diesel prices were in the $5 range. In CA we have been paying $7 and for marine diesel in my boat it is over $8. I bought my boat in April 2021 and was paying $3.60 per gallon! We are vacationing in HI right now, and diesel is less than $6 here.”
Another reason to picture yourself in Hawaii on this Tuesday morning!
But in all seriousness, California brought higher oil prices on itself, thanks to policies punishing residents for using fossil fuels.
At the same time, there are states that are fighting back…
Send your opinions to, feedback@newsyoucanacton.com
Your Rundown for Wednesday, November 30, 2022...
Flight… and Fight!
Residents of blue states are fleeing.
The trend has been going on for years, but the pandemic supercharged it.
Source: PODS Moving and Storage Blog
One reason is people are concerned about violent crime, which has surged in cities like New York, Chicago and Philadelphia.
Plus, astronomical energy prices, thanks in part to Green New Deal policies, have added insult to injury.
But we are a republic of states… and one state’s loss might be another state’s gain.
Places like Texas and Florida are leading the post-pandemic economic resurgence. They’re fighting back against misguided policies.
Recently, “Tennessee and Oklahoma join Texas, Kentucky, and West Virginia as states leading the way to block the all-out assault on energy,” The Washington Examiner reports.
“It’s up to the states to fight back against woke capital and its allies in the administration.”
Market Rundown for Wednesday, Nov. 30, 2022
S&P 500 futures are nominally in the red at 3,960.
Oil is up 3.35% to $80.82 for a barrel of WTI.
Gold is up $5.20 per ounce to $1,769.20.
And Bitcoin is up 2.25% to $16,825.
Send your comments and questions to, feedback@newsyoucanacton.com