In 1947, the Richmond Exploration Co struck oil at the supergiant Boscán field. 79 years and 3 nationalizations later, what’s now Chevron is still standing—waiting for another *apertura petrolera* and the next big payday. My oil history thoughts for @latimes.com www.latimes.com/california/s...

Coming home from a run in the cold and cracking open an Athletic makes me so proud to be a middle-aged millennial. Yes, that’s right, my consumer segment did this

Literally a publication for eight-year olds 40 years ago

I happen to know quite a bit about Venezuelan oil. TL;DR it’s hard to extract, notoriously investor-endangering, isn’t needed (global crude is oversupplied to the tune of 3.3 min bpd) and isn’t easily refined (it’s too dense so always sold at a heavy discount) www.aljazeera.com/amp/news/202...

It’s only socialism if you nationalize your own domestic industry, not someone else’s. This is just sparkling capitalism 🥂

If you grew up an iCarly fan I have something incredible for you… A Spaghetti TACO 🍝 🌮 www.axios.com/2026/01/02/t...

Matching the Forbes 400 to tax data finds that they pay a total tax rate of 24 percent of economic income, lower than the 30 percent tax rate paid on average in the US, from Akcan S. Balkir, Emmanuel Saez, Danny Yagan, and Gabriel Zucman https://www.nber.org/papers/w34170

I’m fine with this, especially if our politicians do it too. Markwayne Mullin can’t even spell SAT.

Being a “back in my day” guy about Texas Tech-Oregon being a defensive brawl instead of a 73-67 game with 1,400 passing yards. Kids these days wouldn’t understand. They never had iPods. They don’t realize Subway footlongs are supposed to cost $5

Oof

With about one half played, this might actually end up happening

Their punter has more passing yards than our QB

🫣😬

First time ever getting to watch Tech on New Years 👆👆 Wreck’em! 👆👆

You can also use the map in the story to look up vaccination rates in your local schools! This was a HUGE data lift: we reviewed and mapped tens of thousands of individual schools’ data, assembling the most comprehensive public database. And we published this data here: github.com/washingtonpo...

I’m working on a side hustle project looking at medical marijuana in Oklahoma. Here is tax revenue per capita with highways overlaid 👀 Shoutout to Missouri, Arkansas, and Texas for helping to keep the lights on

I recently got access to Nielsen scanner data through a grant for a really cool project, but to kick the tires a little bit I pulled data for a single year/product category. I checked out something that’s been nagging me for about 5 years and now I have to write the World’s Silliest Paper™

Most economists include cost benefit analyses at the ends of their papers, using social cost of crime estimates from various sources. I always used the ones here: doi.org/10.1016/j.dr...

Tommy Tubberville and I stood in line for Thai food together. He quipped that he “couldn’t pronounce a damn thing but it sure is good”

I once ate buffet Mexican food next to Paul Krugman

Teaching a new heterodox labor econ & policy course. Any suggestions and resources would be most appreciated.

Journal retracts weed killer study backed by Monsanto, citing ‘serious ethical concerns’ | Science | AAAS www.science.org/content/arti...

There are two types of people who support public stadium deals: 1) those who don't know any better, and 2) those who are in on the scam.

I’m not gonna write an AI policy for next semester, I’m just going to post this

Wooden Spoon Only Thing In Man’s Life That Not Giving Him Cancer https://theonion.com/wooden-spoon-only-thing-in-mans-life-that-not-giving-him-cancer/

Me, technically an Oklahoman

The stadium grift is amazing. Just a bunch of humble, downtrodden billionnaires who are always suddenly short of cash to build more luxury boxes for them and their friends. But at least everyday working people get more heavily taxed.

Want a nutshell summary of how bad this Kansas deal is for taxpayers? So bad that the state couldn't even get the team to comp food for its suite. Even after agreeing to give the team $2.775b.

This notification just popped up on my phone, currently pouring one out for @jcbradbury.com and company 🤦‍♂️

Maybe it’s the fact that I spent a few years in the Green Brigade and lived through a bunch of crappy games, but that should have been UNT against Ole Miss 🦅🟢😂

Hi #EconSky, I'm on the #EconJobMarket! My JMP provides the first evidence on how teacher labor market shocks affect long-run student outcomes. I study one of the largest teacher supply shocks in US history, larger even than Covid or the Great Recession. Let’s talk about WWII… 🧵

As someone that moonlights as an IO economist, let’s just say I’m intrigued

During Prohibition when many men lost their jobs, daughters increased their labor supply and delayed marriage and childbearing likely in an effort to compensate for lost wages, from Anna Aizer, Gabrielle Grafton, and Santiago Pérez https://www.nber.org/papers/w33346

Big day for States’ rights republicans

WTI at $55 and now this. Can’t believe it took Biden this long to kill the oil and gas industry, but looks like he’s finally done it.

The US is losing blue-collar jobs for the first time since the pandemic—year-on-year job losses have hit 65k as manufacturing, transportation, & mining industries lose jobs at a rapid pace while growth in construction has nearly zeroed out

Some very dangerous (literally!) legislation is currently moving through the U.S. House of Representatives: www.eenews.net/articles/hou...

I can’t decide what *really* makes this an all time metaphor, the McDonalds in the background or the haze from pollution

Fuckin finally

My job as a reporter takes me to some truly wonderous spots--far from the big cities and coasts. This was one of them. But loads of oil operations here too. Loren Elliott, our NYT photographer, brought a drone with him to capture the scale of the landscape.

EV charger funding. Tax incentives to buy EVs. Permits for wind energy projects. All gone. But tax incentives to extract more oil and gas were expanded by Trump and GOP-controlled Congress. There has been victory after victory for Hamm and his group, Domestic Energy Producers, in Trump's second term

Today, in the Sunday print NYT, we published an investigative look at Harold Hamm, the 13th child of Oklahoma sharecroppers who started an oil company named Continental, which turned him into a billionaire, powerbroker and friend of Donald J. Trump. You may never have heard of Hamm. But you should

Our NYT piece examines Hamm's determined, 15-year campaign to reshape US energy policy. Why? He wanted to extend out the life of fossil fuels to allow his family-controlled company to keep drilling. He argued this is essential to US. energy security. A free link: www.nytimes.com/2025/12/12/b...

During Covid, I think lots of people discounted how large of an aggregate demand shock pausing student loan payments was for inflationary pressure. Now, I think the opposite is happening with not enough people considering the negative AD shock this will be and it’s recessionary pressure.

A planned rule to set new silica exposure limits—and finally address Appalachia’s devastating black lung crisis—has been under continued assault by coal bosses and the Trump admin. Now, it looks like it’s off the table entirely. New for @inthesetimes.com: inthesetimes.com/article/the-...

immigrants score the lowest on tests, but they also take all our jobs, while at the same time taking all the welfare and buying all the homes

Mothers who receive drinking water from wells downstream of PFAS contaminated sites have much worse infant health outcomes than similar mothers receiving water from wells upstream of these sites. A full writeup of the study is available here: theconversation.com/pfas-in-preg...

Can providing free education to one generation benefit future ones as well? From Esther Duflo (MIT), Pascaline Dupas (@princetonecon.bsky.social), Elizabeth Spelke (Harvard) & Mark Walsh (GiveWell): youtu.be/Ta7vQqkkNxw