Posts Tagged ‘risk management’

1 Aug 11 2011 @ 9:36am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, risk management, Risk Strategy

What Would Winston Do?

In times of market turbulence like this, I find it useful to do two things: make simple observations, and seek solace in the wisdom of others. So this week I have turned to the most voracious voice of reason, Winston Churchill, to help me make some sense of this all. This is what he has told me: » read more

1 May 12 2011 @ 10:58am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, Random, Risk Strategy

Scooby, Scrappy, Velma, and Efficient Market Hypothesis

Last week’s crazy moves across Commodityland™ left me needing a stiff drink brought me back to thinking about financial market theory (apologies…despite the presence of Scooby I am going to geek out a little bit) and how sometimes it gets thrown out the window.

From a 17% sell-off in crude, to a 31% sell-off in silver last week, commodities were put through the wringer. When extremities like this happen, it makes us question the underlying assumptions that we make about markets, and whether these assumptions hold true. » read more

0 Apr 14 2011 @ 10:55am by Matt Smith in Crude Oil, Economy, energy consulting, Global Energy, Natural Gas, risk management, Risk Strategy

What The Wizard Of Oz Can Teach Us About Risk Management

I was off spinning my wheels on an idea for another post this week, when I came across the movie ‘The Wizard of Oz’, and I realized it provided some simple yet sage advice for energy hedging. Believe it or not, via Munchkins, Toto, and the Wicked Witch of the West, we can glean some useful tips to guide us through the minefield that is energy risk management: » read more

0 Nov 4 2010 @ 8:20am by Matt Smith in energy consulting, Global Energy, Natural Gas, risk management

File Under: Funny / Interesting

This entertained me tremendously. Last week the below message came into the Summit Energy website on a ‘contact us’ form. I’m still not quite sure what I’d said to provoke it, but for someone to hunt me down because they felt strongly enough about a topic, I figured they must have something interesting to say. They did: » read more

2 Oct 1 2010 @ 10:56am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas, risk management

Burrito Bites

The first day of October, the start of Q4, the beginning of the Ryder Cup, Julie Andrews’ 75th birthday; what more could be packed into today?! A lot more, I’ll have you know. A bunch of data has been released to kick off the new month, with ISM manufacturing data as the headlining act. Prior warm-up acts this week pointed to a strong reading today, however, a print in line with consensus has left markets looking like they are coming off a synthetic sugar high (which they kind of are). Nonetheless. the anticipatory drum-roll was enough to encourage crude to hop-scotch above $80, while natural gas has once again bounced on the trampoline that is $3.80. Let’s hit up some Autumnal appetizers:

Why sustainability practices are really risk management.

–Which US state consumes the most energy per capita?

Gorillas run wild in London.

–M&A deals soar as shale gas fever hits.

–Offshore wind could meet half of East coast’s electricity needs.

–Why energy efficiency does not decrease energy consumption.

–Awkward….wrong model announced as winner of Australia’s top model competition.

–China demographic dictate India as manufacturing hub.

–Huuuuge critique on Marcellus Shale.

–Drive-thru. On a horse.

–The US leads the world! (in obesity rates).

–World gone mad…..banning texting when driving may add risks to roads. (!?!).

–Great interactive graphic of global debt comparison.

–European natural gas trading rose 11% last year.

–The downside of reusable grocery bags.

–Cheap gas is limiting coal demand.

–Man attackes Elmo; Elmo wins. (shame).

The Burrito Deluxe Award of the week goes to crude for breaking through $80 to seven-week highs, as positive economic data prints (and drawdowns across the board for crude and product inventories) spur on hope for increasing future oil demand. Will it hold above this level? Hum-dee-dum, we shall see…

The Burnt Burrito Award is retained by the US dollar index, as it plumbs to the depth of eight-month lows. 

The Burrito Quote of the Week – not necesarily relevant in any way, but it made me chuckle this morning: - “Don’t worry about the world coming to an end today; its already tomorrow in Australia’ - Charles M. Schulz

Have a charming weekend!