Dec 16 2011 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, Random
Good day! And welcome to the last burrito bites of 2011! (maybe). It has been an exceptionally bearish week in Commodityland™, with natural gas plundering to lows not seen since September 2009. This has been due to the ongoing triple whammy of strong supply, strong storage levels, and a lack of wintry weather.
Crude, on the other hand, has fallen from the grace of triple digits, as Eurozone woes and signs of weak demand in the US – the largest global consumer – weigh heavy. Let’s lighten the mood…with some food: » read more
Nov 17 2011 @ 10:55am by Matt Smith in Crude Oil, Global Energy, Natural Gas
It’s not that I am the hugest fan of Northern Irish band Snow Patrol (although songs such as ‘How To Be Dead’, ‘Run’ and ‘You’re All I Have‘ are terrific), but it was the release of their new album ‘Fallen Empires’ this week with the single ‘This Isn’t Everything You Are’ which has set me off on one almighty tangent…
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Tags: Brent WTI spread, Cushing, Enbridge, fracking, hydraulic fracturing, Keystone XL, Libya, LNG, LNG exports, Seaway pipeline, the NATGAS Act, wti
Sep 30 2011 @ 10:58am by Matt Smith in Biofuels, Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas
…and welcome to the last trading day in Q3, and the stormy conditions it brings. This week has dealt further downside pressure to natural gas, but no further low for the year as the themes of strong supply and weak demand continue. Crude has done a non-stop-flip-flop, remaining choppy but lacking conviction as Euro debt concerns continue, and as global economic worries ebb-flow-ebb-flow. Next week brings a new month, a new quarter, and a new set of data points to usher markets this way and that. But before then, enjoy the respite…with these bites: » read more
Aug 26 2011 @ 10:55am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas, risk management
And an unsurprising and uncontroversial speech from Federal Reserve (= US central bank) Chairman Ben Bernanke is releasing the pressure from the tires of anticipation that has steadily built up this week.
The fact that no further stimulus (read: Red Bull™*) was announced for the US economy is no shock, although the door of hope was left more than ajar for general markets by the announcement of an extra day of discussion by the Fed at their next meeting in September. » read more
Aug 10 2011 @ 10:12am by Matt Smith in Crude Oil, Global Energy, Natural Gas, Technology, energy consulting
My esteemed colleague, Eric Bickel Esq., has written a trilogy of posts for Summit Energy’s blog The Water Cooler based on the flurry of energy policy initiatives announced this summer.
The policy initiatives are fairly in-depth and complicated (well, I think they are), but Eric presents them in a straightforward and engaging way. Please check them out:
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