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By Phil Flynn |
March 7, 2013
As I have been writing, the best play in energy right now is the long end of natural gas. Out target of $7.00 minimum by 2015 is now being shared by many other outlets. Welcome to the club!
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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Phil Flynn |
January 29, 2013
RBOB futures soared and rocked to the highest level since last September as concern about tight supply in a New York harbor is causing a bit of panic. It seemed to get an extra shot of enthusiasm when Hess announced it is exiting the refining business
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By Christine Buurma, Bloomberg |
December 17, 2012
Natural gas futures climbed in New York for the first time in eight days as revised forecasts showed below-normal temperatures that would spur heating demand.
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By Phil Flynn |
December 12, 2012
OPEC is not what it used to be. While traders are focused on the Fed and OPEC, history in the oil patch continues to be made as evidenced by more data from the Energy Information Agency.
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By Phil Flynn |
October 15, 2012
The oil market is on hold on news that should crush the market, yet it is failing to make a substantial move lower. Perhaps the market is skeptical of the offer by Iran.
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By Eduard Gismatullin and Jeremy van Loon, Bloomberg |
May 22, 2012
Chad Porter wants to run his 18- wheeler trucks on frozen natural gas along a highway that crosses Canada’s Rocky mountains even before the world’s longest chain of refueling stations gets built to keep them fueled.
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By Canaccord Genuity Morning Coffee |
April 18, 2012
U.S. regulators approved the country’s first liquefied natural gas (LNG) export plant in 50 years late Monday, giving shares of Cheniere Energy a boost in Tuesday trading.
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By Eduard Gismatullin and Fred Katerere |
April 4, 2012
Anadarko Petroleum Corp. and Cove Energy Plc will turn their attention to the northern waters of Mozambique after finding as much as 30 trillion cubic feet of gas off the coast of the East African nation to date.
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By Phil Flynn |
March 28, 2012
Natural gas hit a decade low and shows us once again the cyclical nature of commodities. Back in 2002, the last time natural gas was this low, the market was still trying to come to grips with the post 9-11 slowdown.
