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By Phil Flynn |
May 14, 2013
Following several years of stronger-than-expected North American supply growth, the shockwaves of rising U.S. shale gas and light tight oil and Canadian oil sands production are reaching virtually all recesses of the global oil market.
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By Phil Flynn |
May 10, 2013
The President is pushing for natural gas exports. He must have run the numbers and now realizes what a positive impact it will have on his economy.
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By Phil Flynn |
May 7, 2013
Oil prices swung back and forth like a juiced up yo-yo as it tried to balance rising geo-political risk as well as economic risks.
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By Phil Flynn |
May 6, 2013
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.
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By Phil Flynn |
May 2, 2013
The Energy Information Agency shocked the market by reporting that U.S. Crude supply increased by 6.7 million barrels putting supply at the highest level in 82 years. So much for that uptick in gasoline demand.
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By Phil Flynn |
April 30, 2013
Natural gas bears still bemoan the cold as it appears that gas prices have to continue to soar because winter refuses to go quietly. The market continues to rise to make sure we refill storage.
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By Phil Flynn |
April 22, 2013
The natural gas market has been the best performing commodity of the year. We called a major low in January and we are continuing to ride and roll over that position.
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By Phil Flynn |
April 9, 2013
The substitution of natural gas for oil and increasing fuel economy means that oil demand is reaching a tipping point and that "The end is Nigh” for global oil demand growth.
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By Phil Flynn |
March 27, 2013
Oil prices tried to put Cyprus aside and decided to focus on improving U.S. economic data and seasonal factors. There are still fear that there could be a run on banks across Europe.
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By Phil Flynn |
March 20, 2013
Oil is up a tad as the EU seems to not to be in a real hurry to pull the plug on Cyprus. The EU did promise to provide liquidity based on the existing rules, which is providing liquidity in the energy markets.
