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Posts Tagged ‘Cushing’

1 Oct 27 2011 @ 10:50am by Matt Smith in Economy, energy consulting, Global Energy, risk management

Six Degrees of Separation From My Cousin Paul to the Underwear Indicator

My cousin Paul told me a very funny story. He was walking along a street in East London when a car blaring out dance music pulled alongside him. Expecting some obnoxious teenager to open the car door, he was surprised when an 80 year-old man emerged. ‘Please can you help me, sonny?’ the man pleaded, music still blaring, ‘my grandson borrowed my car and I don’t know how to turn the stereo down’. Thus begins my tale of thinking ‘outside the box’, via my cousin and underwear.  » read more

0 Oct 14 2011 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito Bites

Where have you been?! Your dinner's on the table!

Wowee, mid-October already. Despite Halloween and the prospect of scares ahead, general markets have mustered a kangaroo-like jump higher. Crude has rallied well into double-digits in percentage terms since the lows of last week – as have equities – as economic data and hopes of containment for the Euro debt crisis (am sounding like a broken record, I know) improve. Natural gas, meanwhile, has plumbed the depths of the lows of the year, but is now seeing some support from the onset of winter temperatures on the horizon. Lots to digest – let’s hit the bitefest: » read more

1 Oct 6 2011 @ 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!).

» read more

3 Aug 25 2011 @ 10:33am by Matt Smith in Crude Oil, Economy, Global Energy, risk management, Risk Strategy

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

6 Feb 17 2011 @ 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