Currently viewing the tag: "Energies"

Falling Gas Prices Impact US Oil Extraction

On November 21, 2014 - 8:36 AM By

Kane Farabaugh | Voice of America CHICAGO— With the price of oil now less than $80 a barrel, motorists throughout the United States are benefiting from gas prices below $3 a gallon. However, the decreasing price of gas has a downside for the hydraulic fracturing industry in the United States. North Dakota’s economy is on [...]

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As China steps up Quantitative Easing and our old friend Mario Draghi was quoted as saying the (ECB) European Central Bank is ready to “ step up the pressure” and expand their stimulus programs. This is a far cry from the U.S. banking crisis in 2008 when Super Mario said it was a U.S. problem [...]

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As OPEC is getting ready to meet next week in what will be their most important meeting in recent memory, it seems that global central bank actions may be doing some of the heavy lifting to support global oil demand expectations.  Not only do you have China pumping a reported 50 billion yuan or the [...]

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Fed Steam Ahead. The Energy Report 11/20/14

On November 20, 2014 - 10:06 AM By

The global economy is not the Feds problem, Oil prices railed into the Federal Open Market Committee (FOMC) minutes on concerns that the FED might be worried about the potential pitfalls of them exiting unconventional monetary policy while the rest of the global economy struggles. Yet oil then sold off as the FOMC clearly believes [...]

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As our fearless leaders decision once again bypass Congress and his minions and take his ball and bat and call for yet another Executive Order. Yes this lame duck president is at it again calling ISIS a Junior Varsity (J-V) team and as well saying the Russians threat of the 1980’s is past history. Of [...]

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By Lynn Doan With gasoline prices sinking to under $3 per gallon, Americans traveling by car this holiday season will have plenty of company on the road. Drivers will make up about 89.5 percent of holiday travelers this year, a gain of 0.1 percentage point from 2013, while air passengers will drop by the same [...]

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Financials: Dec. Bonds are currently 9 lower at 141’13, 10 Yr. Notes 5.5 lower at 126’15 and the 5 Yr. Note 3.7 lower at 119’14.5. Continued worry about deflation has kept these markets in a tight range. Continue to treat Bonds as a trading affair between 140’08 and 142’28. Housing starts and FOMC minutes later [...]

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In the overnight electronic session the December Corn is currently trading at 369 ¾ which is 2 ¼ cents lower. The trading range has been 372 to 368 ¼ so far. This market looks to be in sell rally mode.   On the Ethanol front the December contract is currently trading at 2.071 which is [...]

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The Keystone vote failed to pass the Senate so President Obama is again free to not make a decision. The President has not made a decision on the Keystone pipeline proposal that has been waiting for an answer since 2008. Before I thought it was for political purposes but now I think it is because [...]

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A lot of drama swirling with Sunday nights Japanese numbers showing a recession. The Russians leaving the G-20 summit early as countries warned of more sanctions with their medaling in the Ukraine and more provocative moves by their military with the Australian Prime Minister telling Putin after he had destroyers off the coast of Australia [...]

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Oil prices are trying to find a reason to end the sell-off looking to global central banks to try to stimulate demand. After getting slammed day after day as the global economic outlook continues to weaken, oil will look to Japan and Europe to provide the support that the Organization of the Petroleum Exporting Countries [...]

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The Windy City Trader 11/18/14

On November 18, 2014 - 8:19 AM By

Hello Fellow Traders, I was speaking with a very dear friend of mine joking about how funny it was that when the Jimmy Fallon’s and Jay Lenos interview our teen and early 20s how they cannot answer simple questions such as “who is the vice president? But when asked to name the Kardashians the names [...]

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