Happy Groundhog Day Eve! As Punxsutawney Phil completes his final workout ahead of his big day, commodityland™ closes the curtains on what has been another nutty week. Oil is pushing on to 4-month highs as momentum builds for a global recovery, while natural gas has seen its expectations for the rest of winter lowered, and prices have adjusted accordingly. But Phil’s shadow (or lack thereof) will give us more insight into that tomorrow. As for now, c’mon let’s chow:
Posts Tagged ‘shale’
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Feb 1 2013 @ 10:42am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, Random
Burrito bites
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Jan 31 2013 @ 10:55am by Matt Smith in Global Energy, Natural Gas, risk management, Technology
The Global Shale Gas Boom…Or Is It?
Given the rapid rise of the US shale gas market, it is not surprising that similar opportunities are being explored with gusto across the globe. Given the size of technically recoverable shale gas already identified, it would seem that a global boom is inevitable….or is it? » read more
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Aug 15 2012 @ 1:33pm by Matt Smith in Crude Oil, Global Energy, Natural Gas, Risk Strategy, Technology
China’s Mission Of Acquisitions
China’s first manned outing into space hasn’t been the only mission the country has been focused on recently. There has been an almost surgical focus by China on foreign acquisitions in the energy space, taken one giant step further by the acquisition of NEXEN by CNOOC (nope, that’s not code, I promise). » read more
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May 25 2012 @ 10:55am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas
Burrito bites
The sun is shining, and the prospect of a long weekend is upon us. Happy Friday indeed! Unfortunately, there have been storm clouds hovering over Energyland™ all week due to ongoing Eurozone woes, as the clear and present danger of Greece exiting the euro becomes, err, more clear and more present (as the saying goes, change will come when the pain of staying the same is worse than the pain of change).
As for natural gas, prices have been exceedingly choppy but range-bound, as an early-week rally has been replaced by selling due to neutral temperatures on the outlooks and the prospect of coal-to-gas switching now becoming gas-to-coal switching after the recent run up. So my blurb is finito, now have some bites of burrito…
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Jan 13 2012 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas
Burrito bites
Happy Friday 13th! And it is indeed turning out to be an unlucky day for markets, as credit downgrades to European countries have scuppered the goodwill that had been carefully constructed in the last week.
Crude had already been pressured back into double-digitdom by the likely delay to an oil embargo on Iran by the EU, while natural gas has plundered lower and lower on moderate weather outlooks, and both rampant storage surpluses and supply. But enough from me, let’s hit the treats. » read more
