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
Archive for the ‘risk management’ Category
Despite an unrelenting focus on the recent rout in oil, there have been a number of other significant swoonings across commodityland™ which have also been rather noteworthy. This played out naturally in my head as ‘noily’ (aka, ‘not about oil’…although, as we know, everything is interlinked).
As it turns out, noil is actually a word – meaning a short fiber left over from spinning silk. Trying to find an istockphoto image of said noil, this picture of a gnarly alpaca showed up instead. I then looked up ‘no oil’, and an alpaca image showed up again. Fate it would seem. So here is a post which is not about spinning silk, gnarly alpacas, or oil. » read more
The price drop we have seen at the pump in recent months has been nothing short of spectacular. It has provided the equivalent of a huge tax cut to the US consumer, considerably boosting disposable income (chuck bucks!*). But as my fellow countryman Geoffrey Chaucer said some 640 years ago, all good things must come to an end. So as retail gasoline prices begin their seasonal ascent, let us assess the impact of their precipitous plunge, and what it means looking ahead: » read more
Just as I tweet my favorite articles so that I have a filing place for them (Twitter is awesome for so many reasons, don’t get me started…), I use my desktop to store all my favorite graphics. And it is way too cluttered. So in my quest to make it more minimal and zen, here is an assembly of images which I need to set free, all with a similar theme: that of power. Enjoy! » read more