Archive for the ‘Crude Oil’ Category

0 Mar 6 2015 @ 6:52am by Matt Smith in Crude Oil, energy consulting, Global Energy, Natural Gas, Random, risk management

Seasons Change

As the seemingly permanent blanket of snow in my yard lifted this week to reveal the green, green grass below (albeit briefly), I am reminded that seasons change. But it is not just clocks and landscapes that are undergoing a shift, but also a veritable variety of elements in energyland™. So here are some such seasonal shuffles, across continents and commodities. » read more

0 Feb 27 2015 @ 12:59pm by Matt Smith in Crude Oil, Global Energy

#Trending

Apparently, the Queen of England sent her first email in 1976, some 14 years before the World Wide Web was born. I learned this while reading about the growth of ‘smart’ devices, and their impact on energy demand. This week I’ve also been exploring trends in US wind generation, as well as changing gasoline habits. Hence I’ve brought this haphazard collection of trends together in this post, for no other reason than they are rather intriguing. Well, I thought they were… I hope you do too.  » read more

0 Feb 25 2015 @ 8:57pm by Matt Smith in Crude Oil, Global Energy

File Under: The Usual Suspects

I was super-happy to be on CNBC Asia this evening and to be given the opportunity to rant about some of the usual suspects influencing the market: OPEC, rig counts, and US production, among others. Hark, click on the below non-mugshot to launch to the clip:

2 Feb 18 2015 @ 12:59pm by Matt Smith in Crude Oil, Global Energy

The US Crude Conundrum

The current US oil market is in the midst of a slugfest reminiscent of a Rocky fight, as competing influences face off against one another. In one corner we have rising US shale oil production, while in the opposing corner we have a precipitously falling rig count. Out of this duking duo, one is going to provide a sucker punch to prices. The question is….which? » read more

1 Feb 2 2015 @ 9:46am by Matt Smith in Crude Oil

File Under: Punxsutawney Phil and Oil Production

This morning’s appearance on CNBC’s Squawk Box gave me the opportunity to compare the predictive power of Punxsutawney Phil to the US oil rig count. For rigs are likely to continue to drop into spring, while US production will continue to edge higher. Putting faith in the rig count to lower oil production is like relying on a groundhog to predict the weather. Hark, click on the below mugshot to launch to part of the interview – I’m the bookends to Jim Iuorio’s economic bit in the middle: