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Commentary and Reports

May 17, 2012

Energy Metro Desk Storage Survey

The range in our survey this week was fairly wide. However, our 44-63 Bcf range was slightly tighter than the other big surveys, but only by a couple points... Full Storypdf

The Energy Report: Gasoline Bubble has Popped

Oil Prices and RBOB prices plummet as the market is not convinced that the EU can keep Greece in the zone and stop the contagion from spreading, despite the meeting of the minds between German Chancellor Angela Merkel and new French president Francois Hollande... Full Story

The Energy Report: Can Germany Save the Oil Market?

Germany may have kept the euro zone out of a technical recession but is their growth going to be enough to stop oil’s gritty abatement? The country whose basic economic principles are being abandoned by France and Greece saw its economy blow away expectations showing a first quarter growth rate of... Full Story

Energy Metro Desk

Natty gas prices are seemingly as low as they will go this year. No, wait, more analysts dropped their average gas prices for the year and for next year ... Oddly, demand factors the world over for natural gas are strikingly bullish ..... Full Storypdf

  • author2
  • Tom Whipple
  • ASPO
  • Editor
Peak Oil Review

Oil prices slipped a couple of dollars last week in the face of a torrent of bad news from Europe. At week’s end NY crude was down to $96 and Brent to $112. With Athens unable to form a new government, another election looks certain... Full Storypdf

The Energy Report: Getting More Bearish

If China can’t give the oil market a bounce with a bank reserve requirement cut, then it would appear that oil is just surrendering to the increasingly bearish fundamentals... Full Story

The Energy Report: $90 or go Bust!!!

Ok, I know it was just last Friday when I wrote “$100 or Go Bust” but because so many oil bulls expressed disbelief that oil could actually stay below $100 a barrel, I should now warn those people that they should stop worrying about the break below $100 a barrel and start worrying about whether... Full Story

Energy Metro Desk Storage Survey

In the May 23, 2011 issue of Energy Metro Desk, we opened our weekly gas storage lotto & market buzz column with the following: "OK, so the market has managed to be relatively allergic to the EIA report numbers over the past five weeks... Full Storypdf

The Energy Report: More Demanding

While oil price fell for a 6th day in a row, gasoline seemed to mount a rally... Full Story

The Energy Report: The Problem with Greece

Can Greece leave the Euro and the rest of the world keeps moving along? Turmoil in Greece and a call by the leftist Syriza Alexis Tsipras to reverse what he calls ‘barbarous austerity” has put the future of the entire Eurozone in doubt. While it is unlikely that Mr... Full Story

  • author2
  • Allan Brooks
  • PPHB LP
  • Managing Director
Musings from the Oil Patch

Musings from the Oil Patch reflects an eclectic collection of stories and analyses dealing with issues and developments within the energy industry that I feel have potentially significant implications for executives operating and planning for the future... Full Storypdf

The Energy Report: Not Quite Out of the Woods

Global commodities markets were able to shake off political turmoil in Europe but despite the impressive rebound, it is clear that the markets are not quite out of the woods just yet... Full Story

The Energy Report: Socialist Slide

Global stock and commodity markets get slammed as US jobs disappoint and France elects a socialist. François Hollande who wants to tax the rich and says that “austerity does not have to be inevitable” is increasing odds of another Greek like crisis, will take the helm in France... Full Story

The Energy Report: $100.00 or Go Bust

The bullish oil price scenarios are giving way to what seems to be ever mounting supply. Mario Draghi failed to provide any real simulative hopes and we had a weak ISM nonmanufacturing data report that lowered demand expectations and so we have growing odds of a continuing price collapse... Full Story

Energy Metro Desk Storage Survey

Last Friday's EIA report brought with it oodles of clarity and a whole bunch of paranoia. Clarity in that we were blessed with 5 weeks of revised numbers which in theory puts the market back in sync EIA's numeric alchemy... Full Storypdf

The Energy Report: There Will Be Demand Destruction

Supplies swell and prices fell yet it is unclear whether or not this will be enough to break oil’s recent strength. Iran’s oil output plunged to a 20 year low as sanctions are staring to bite the arrogant and deficient regime... Full Story

The Energy Report: How the Energy Industry is Saving the US Economy

The US stock market soared with the Dow Jones average hitting the highest level of December, 2007 and in large part has the US energy industry to thank. The catalyst for this impressive milestone was a much better than expected Institute of Supply Management Manufacturing report... Full Story

Oil Market – Weekly Outlook April 30-May 4

Oil prices showed some signs of recovery as both WTI and Brent slightly increased during last week... Full Storypdf

The Energy Report: Run Refinery Run

Instead of talking about refinery runs it looks like all of a sudden there has been a run on refineries. In an historic move Delta Airlines is now in the refinery business. Bloomberg News reported that Delta Air Lines Inc. agreed to buy a refinery from ConocoPhillips, breaking with U.S... Full Story

Natural Gas Drillers Did A Fabulous Job... Of Creating A Crippling Glut

It's hard to imagine capitalism backfiring on public companies in this day and age, but natural gas drillers must be feeling pretty burned by the system at the moment... Full Storypdf

The Energy Report: Left High and Dry

Natural gas rig counts may have hit a ten year low but does that really mean that gas production will fall significantly enough to avoid a storage crisis? Reuters News reported that," the number of rigs drilling for natural gas in the United States fell by 18 this week to 613, data from oil... Full Story

Energy Metro Desk

EIA revises the last five weeks of storage reports … CFTC defines the market or rather major market players going forward (mostly) … We still don’t know exactly what a swap is (or is not), but we should know next month... Full Storypdf

  • author2
  • Tom Whipple
  • ASPO
  • Editor
Peak Oil Review

In a week dominated by shifting economic news, oil traded in a narrow range ending up a dollar or so a barrel at week’s end with NY oil just below $105 and London just below $120... Full Storypdf

The Energy Report: The Rise and Fall

Historians always look to Roman Empire as an example of how at one point in history you can be the most powerful country on the face of the earth only to crumble shortly thereafter into the dustbin of history... Full Story

The Energy Report: Dollar Drop and Oil Rocks

QE or no QE. Despite the fact that the Fed says it is on hold with quantitative easing and an immediate announcement of an extension on the “Operation Twist”, the dollar is not buying it. Well at least they are not buying the dollar... Full Story

Energy Metro Desk Storage Survey

Last Friday's Early View report had a crazy wide range --37 to 75 Bcf -- which, as expected, tightened up somewhat as this Thursday's report drew near. But, only somewhat -- the big surveys all reported extremely wide ranges, through Wednesday. Our early view average from last week came in at 52... Full Storypdf

Natural Gas Price Spike Will Be Bigger And Come Sooner Than Expected

Everyone knows we have a glut of natural gas due to over-production and the fourth warmest winter in recorded U.S. history. That has led to natural gas spot prices below $2 to force down the rig count and to even force production to be shut-in by producers... Full Story

The Energy Report: The Full Faith and Credit

It is Fed Day and what better day to talk about the Federal Reserve’s impact on oil price than Fed Day itself... Full Story

  • author2
  • Allan Brooks
  • PPHB LP
  • Managing Director
Musings from the Oil Patch

Musings from the Oil Patch reflects an eclectic collection of stories and analyses dealing with issues and developments within the energy industry that I feel have potentially significant implications for executives operating and planning for the future... Full Storypdf

The Energy Report: SNOW JOB!

Natural gas pops on a last blast of snow and cold at the end of April. A nor’easter seemed to give natural gas bulls hope that perhaps a bottom may be in for natural gas or perhaps it is just a snow job... Full Story

The Energy Report: Paranoia Will Destroy You

The left is going loony in their quest to try to gain control of everything that they haven't already got their greedy little hands on... Full Story

The Energy Report: "Precautionary Demand"

Oil prices are rising early Friday and there is better than expected data from Germany and Microsoft, yet in the big picture, there are those that are saying that oil prices have risen in recent months not due to speculation but what we should call “precautionary demand”. According to Dow Jones U.S... Full Story

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