Producers of liquefied natural gas (LNG) have shot themselves in the foot with oversupply, and face calls for flexibility and greater competition from other fuels that may force them to take more risks and start trading just like other commodity dealers.
A wild expiration day for the December WTI contract and even a wilder day for the Brent vs. WTI oil spread. Brent initially was selling off over optimism from the talks with Iran surrounding its nuclear program.
Tesla could represent a future where our energy mix will be shuffled up. Not only will we be driving electric cars but also natural gas. We will have a choice at the pump and not just premium or regular.
The writing is on the wall. In the United States coal is on its way out and natural gas is on the way in. While the market only saw a slight pop on yesterday's big announcements on coal and natural gas, it signals the beginning of a new era.
Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. While hydraulic fracturing has been the most visible revolutionary advancement, other high-tech developments are keeping the ball rolling.
A better than expected Jobs report and Israel attacking Syria's military and weapons instillation has shocked oil out of it recent bearishness. Oil is on a tear and is bringing the products along with it.