Sometimes only a raspberry will do! Check out this morning’s appearance on the set of CNBC’s Squawk Box to see how I sum up gasoline demand. Hark, click on the mugshot below to launch to the clip:
Posts Tagged ‘Euro debt crisis’
Both this event and the escalating farce in Greece have been dictating both the mood and movement in financial markets in this past week, so let’s look at how the misgivings of a European country and a large US bank filter their way back to Energyland™. » read more
Happy Nonfarm Friday! As we charge into mid-March and spring towards, err, spring, natural gas sees the end of withdrawal season appearing in the distance. This is greasing the way for new 10-year lows, as supply is strong, storage is strong, temperatures are strong…and demand is weak. » read more
I must apologize as I feel like I’m jipping Burrito readers again. I usually try to provide an even mix of serious posts with the lighthearted (i.e., a quirky theme or an interesting list). However, this week I have failed in my latest foray into pop culture, and it has left us to take a sudden detour…on a bicycle built for two.
And here’s some more honesty. I have a confession to make: I avidly collect charts. I have this nerdy tendency to snag a chart - be it on a Tuesday afternoon or early on a Saturday morning (as my kiddos watch Megamind for the 57th time). Then I store it like a butterfly in a jam jar, to occasionally revisit from time to time. So although distracted by other themes, I have been able to revert to a few charts from my collection which illustrate how crude oil prices continue to move….in tandem.
I was fortunate enough to take Energy Burrito on the road earlier this week to the AMM Conference in Miami. Given a 30-minute blank canvas, I decided to spread the Christmas spirit by unleashing the ultimate commodity Christmas gift, the Crude Oil 8-ball, on the unsuspecting audience.
The premise of my presentation was to highlight eight pertinent factors which are shaking up the crude complex (of which the total statistics add up to 1385.7…hence the inspired (ahem) title of the presentation). So here’s a brief summary of the octuplet presented; they won’t be that surprising to regular readers of the burrito, although they hopefully serve as a useful reminder: » read more