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By Phil Flynn |
September 27, 2012
US oil production last week hit the highest level since January 1997! Not only that, but America, in the first six months of this year, met 83% of its energy needs with its own domestic production.
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By Phil Flynn |
August 22, 2012
The commodity markets are bullish again and let me count the ways. Many of the old time commodity markets are breaking out and for a host of different reasons
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By Phil Flynn |
August 20, 2012
As the world gets geared up for more stimulus and word that Saudi oil production is rising, it seems to suggest either that demand is getting better or the Saudi’s are trying to make sure the market is well supplied ahead of any impending conflict.
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By Phil Flynn |
August 8, 2012
In a weird way it was nice to focus on good old fashion oil fundamentals. Like refinery explosions, hurricane threats, the Energy Information Administration Short Term Energy Outlook and a surprise drop in crude supply.
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By Phil Flynn |
August 2, 2012
The Energy Information Administration reported the biggest increase in US crude oil and natural gas reserves in history.
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By Phil Flynn |
July 5, 2012
While tensions seem to be easing over Iran after their temper tantrum in the Straits of Hormuz, the oil market now is focused on growing tensions in the North Sea.
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By Phil Flynn |
May 10, 2012
While oil price fell for a sixth day in a row, gasoline seemed to mount a rally. According to the Department of Energy, gasoline demand improved last week
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By Phil Flynn |
May 3, 2012
Supplies swell and prices fell yet it is unclear whether or not this will be enough to break oil’s recent strength.
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By Phil Flynn |
April 25, 2012
As we all know, the Federal Reserve has taken historic actions to try to keep our economy afloat, yet if you think there are not consequences to Fed action, then you are not paying attention.
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By Phil Flynn |
February 24, 2012
Daily energy fundamentals from Phil Flynn