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
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
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:
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
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