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!
Hey yo, this post is based on a simple observation relating to the current nuttiness of natural gas and retail gasoline prices.
The two prices have converged to parity recently, but not for the reasons we may have previously considered. It seemed more likely that the two would meet due to wintry weather boosting natty, and increasing demand boosting gasoline, but neither of these scenarios have played out. So let’s take a look at some of the real reasons for the emergence of this convergence.
Oh my gosh, I hope this picture brings you as much amusement as it does me. With the return of piracy into the mainstream media in the last week, I have been reminiscing about the most fantastic of movies - The Goonies – and how it is inevitably tied back to energy. So here’s some truffle-shuffle-tastic insights to take us from crude to natty to Mikey to Mouth to Data to Brand to Andy to Stef, and to of course…Chunk (Captain Chunk!).
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
Matt Smith spent his twenties working in investment management in London, before swapping his bowler hat for a banjo and moving to Louisville, KY, and Summit Energy. When he is not reading, writing (or dreaming) about financial markets, he can be found enthusing about music, red wine, spicy food, or his family. And lamenting his soccer team, West Ham.
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