Archive for the ‘UK natural gas’ Category
I know this is going to sound weird, but the other day I had a craving for some harmonica. It was like the craving I get for a decent curry or (the very occasional, ahem) glass of red wine. So the first place I turned to quench my harmonica thirst was Robert Allen Zimmerman (aka Bob Dylan). And it was while looking through a bunch of his songs that I inevitably saw a path back to energy… » read more
Well, it has certainly been an eventful first few days to kick off 2011, with natural gas all over the shop, as cooler weather outlooks rally prices, while bearish fundamentals hang out in the background, heckling the bulls. Crude is baffled by a stronger dollar despite rising equities and moderately decent data; hence it has been bashed back below $90, as European default worries pummel the euro, making the US look relatively spry in comparison. Meanwhile, the monkeys are the smart ones and have sought out the radiators in this most frigid of months. Let’s forget about frostbite for these bites instead: » read more
Earlier in the year, I wrote a post about the sideways movement in US natural gas and crude oil prices, called ‘Keep Calm And Carry On’. Well, now seems an opportune time to flip the coin, as we are seeing UK natural gas prices panic and freak out.