Given the popularity of last week’s post linking natural gas to Star Wars, I figured I would try to be a one-trick pony squeeze as much mileage out of this one as I could. Since some readers were flabbergasted at the omission of certain characters, here are some new analogies, with the emphasis on the crude complex. » read more
Posts Tagged ‘Brent crude oil’
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Jan 19 @ 10:58am by Matt Smith in Crude Oil, Global Energy, Risk Strategy
The Analogy Strikes Back
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Oct 6 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas
Energy! You Goonie!
Oh my gosh, I hope this picture brings you as much amusement as it does me. With the return of piracy into the mainstream media in the last week, I have been reminiscing about the most fantastic of movies - The Goonies – and how it is inevitably tied back to energy. So here’s some truffle-shuffle-tastic insights to take us from crude to natty to Mikey to Mouth to Data to Brand to Andy to Stef, and to of course…Chunk (Captain Chunk!).
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Aug 25 @ 10:33am by Matt Smith in Crude Oil, Economy, Global Energy, Risk Strategy, risk management
Crude Drivers Collide
This week is shaping up to be more crucial than most for crude oil, as we see some important developments in key price drivers of Black Gold, Texas Tea. So here are some details which have already been gleaned, and some which are yet to be revealed. » read more
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Jul 28 @ 10:58am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas
Let’s Face The Music
At a time when we approach the unprecedented potential of a default by the US on its national debt, it is worth acknowledging that there may well be trouble ahead (…and imminently). As we face the music and prepare to lace up our dancing shoes, it seems prudent to remember where we were a year ago, and then appraise whether current downbeat perceptions are muddying the water. So from the starting point of Energyland™ to the general economy, let’s take a look at ten reference points, to see if we need to throw in the towel, or just throw some shapes: » read more
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Feb 17 @ 10:35am by Matt Smith in Crude Oil, Global Energy
WTI and Brent Crude Oil Through Steve Carell and Ricky Gervais
After looking at NYMEX natural gas earlier in the week through Dwight Schrute, next we move on to the crude complex, and specifically the two global benchmarks; US-based WTI crude oil (represented by Michael Scott / Steve Carell), and UK-based Brent crude oil (represented by David Brent / Ricky Gervais).
There is more of a similarity between the characters and commodities than first realized, as the cringe worthy nature of the Dunder Mifflin boss is something that can be identified with across the world, while crude oil is ‘fungible’ (= it is interchangeable the world over). And although both bosses are equally as embarrassing, a strange situation has arisen in recent months where the two crude benchmarks (which normally track each other closely), have diverged as WTI – in true heroic fashion - has a tragic flaw; it is landlocked (as opposed to being seaborne like Brent). » read more
