Regardless of whether a market is moving up or down, there is always someone making money somewhere. There are various examples every day – be it a billionaire selling a stock short (i.e., Herbalife) or a company selling a meal short on ingredients (i.e., horsemeat economics). Some methods are legitimate, and some are not. But one thing is for sure…energy markets are by no means immune to such collusion. » read more
Posts Tagged ‘gasoline demand’
It’s always a blast to be on Fox Business with Melissa Francis, as you never know what she’s going to talk about next! In less than four minutes we cover many of the market ingredients that are driving oil and gasoline prices higher – from seasonality to equities to currencies, from geopolitical tension to low interest rates and a weaker dollar policy. Hark, click on the below mugshot to see how all of these ingredients are wrapped:
I have to confess, I am plagued by an affliction. The more I try and focus on the high-brow stuff, the more I am preoccupied by thoughts of the inane. Hence as I try and get my head around supply and demand in the oil market, my mind drifts off to ‘Willy Wonka and the Chocolate Factory’ to try and draw comparisons.
Previously here on the burrito we have looked at energy through the lens of everything from super-heroes to rock bands to cartoons; and today we are going to join the dots betwixt oompa loompas and energyland™. » read more
Hey, so I know I ranted about the conundrum of strong gasoline prices versus weak demand earlier in the year (in From Target to Twitter to Tanks and 2 Bugbears, 5 Reasons, 1 Reality), but I felt it worth revisiting this proposition because although gas prices have fallen, demand still remains weak. So here are ten reasons to explain why gasoline demand is in a structural decline: » read more
Ok, ok, I’ll put the Star Wars theme to bed. For today, my friends, we are going to look at some facts and figures about storage across a number of our dearly beloved commodities and a number of geographies – highlighting (for the most part) a theme of staunch stockpiles.
To further provide some educational information, in addition to the focus on energy, there is also some trivia relating to the ultimate sultan of storage…the squirrel. So enjoy!