Energy

Energy Report

The EIA Raises Their Shale Production Forecast, Surprising Markets

Phil Flynn
March 10, 2021
Maybe the U.S. shale industry isn’t dead after all. Even though shale companies have promised production restraint, the Energy Information Administration (EIA) surprised the market by raising their production forecast.
The Energy Report

Oil Fundamentals Are Signaling Tighter Markets And Higher Prices

Phil Flynn
March 9, 2021
With U.S. inventories getting ready to show the impact of the Texas power outages, we may start to see oil supplies fall below the 5-year average at a time when we're seeing U.S. demand pick up.
Energy Report

Thwarted Attack On Saudi Oil Facilities Gives Oil Markets 'An Incredible Ride'

Phil Flynn
March 8, 2021
There was no damage or loss of life from the attack and the oil market calmed, yet the underlying bullish factors still exist. Sometimes when we have an event like the failed strike on the Saudi facility, it has the potential to add to speculative volatility.
Energy Report

Oil Prices Cool Down Upon News That OPEC+ Plans To Increase Production

Phil Flynn
March 3, 2021
Red hot oil prices cooled down after reports that OPEC+ was prepared to “cool down the oil market with extra production.” The Bloomberg report caused oil prices to sell off into yesterday's close after recovering from the China bubble talk selloff. 
Energy Report

'Bubble Talk' Leads To A Sharp Overnight Swoon In Oil Markets

Phil Flynn
March 2, 2021
The Texas energy crisis has gone global as short-sighted energy policies and green energy failures are causing a massive loss of oil and product supply, as well as natural gas. Texas is still the heart of the global energy world and when it takes a hit, the rest of the world feels it.
The Energy Report

Oil Prices Have Come Into March Like A Lion

Phil Flynn
March 1, 2021
The actions of the Biden administration continue to send prices skyrocketing. His mixed signals on Iran is destabilizing the Middle East and could lead the U.S. into armed conflict. 
Energy Report

Oil Prices Continue To Surge

Phil Flynn
February 25, 2021
The thrust supporting prices is due to the Texas energy crisis, production cuts, and the massive cutbacks in oil and gasoline capex spending.
Energy Report

U.S. Energy Plans Could Lead To A Global Undersupply Of Oil And Gas

Phil Flynn
February 24, 2021
The market’s starting to price in a possible energy crisis and the future impact that it’ll have on people's lives and economic growth. 
Energy Report

The Texas Energy Crisis Has Gone Global

Phil Flynn
February 18, 2021
The Texas energy crisis has gone global as short-sighted energy policies and green energy failures are causing a massive loss of oil and product supply, as well as natural gas. Texas is still the heart of the global energy world and when it takes a hit, the rest of the world feels it.
The Energy Report

Oil And Gas Prices Continue To Surge After A Failure From Wind And Solar Energy Causes Blackouts And Power Outages

Phil Flynn
February 17, 2021
With more vaccine rollouts and global demand rising, we’re seeing the market move towards a global deficit situation. While OPEC has spare capacity and plans to raise output in April, the trend of the supply curve means that we'll probably be too late to avoid a squeeze.