Currently viewing the tag: "The Energy Report"

Bullish and bearish forces are slugging it out in the oil complex and something has to give. On one hand, Russia seemed to move the goalpost on an expected gas deal with Ukraine while the European Central bank is leaking stories that they may be in the market to buy cooperate bonds in an effort [...]

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Lift the Ban. The Energy Report 10/21/14

On October 21, 2014 - 7:51 AM By

It is time to lift the oil export ban. The boom in U.S. oil production has to change the mindset about our energy policy to better reflect the realities of today instead of the fears of the past. After the Arab oil embargo in the 1970’s America was faced with tough choices and there was [...]

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Deflation Nation. The Energy Report 10/20/14

On October 20, 2014 - 8:03 AM By

Falling oil prices are a double edged sword. On one hand they reflect the positive impact from rising U.S. oil production and provide an economic stimulus shot. On the other hand they reflect a struggling global economy that is seeing falling demand as well as falling confidence. As deflation and stagnation pressures mount the ECB acts [...]

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Fed Flop. The Energy Report 10/17/14

On October 17, 2014 - 8:24 AM By

The Federal Reserve may be flip-flopping its position on ending its bond buying program almost on a daily basis. On Wednesday when the market was tanking, the VIX was flying and treasury yields going to oblivion. The market seemed to be demanding more QE as the world sank deeper into a deflationary spiral. Then Fed [...]

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The Dow was down over 400 points and oil prices were tanking as data in the U.S. seemed to suggest that deflation was spreading faster than Ebola. With OPEC flooding the market with oil and a weak Producer Price Index that came in an a -0.1% and a sharp drop in the New York manufacturing [...]

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Just what message is OPEC trying to send? Instead of the large producers like Saudi Arabia, Iraq, and Iran trying to talk up prices, they seem to be doing the opposite. In the aftermath of a wildly bearish demand outlook report from the International Energy Agency that drove oil prices to the lowest level since [...]

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The Saudis say get ready for low oil prices as it is survival of the fittest in the OPEC cartel as the International Energy Agency slashes demand growth. Iraq joined Iran and Saudi Arabia in lower crude differentials as the biggest producers in the OPEC cartel have demonstrated that they will not cut production. Saudi [...]

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Iran lowered their oil price to match a drop by Saudi Arabia as a production war may be breaking out. Oil producers desperate to hang unto market share will cut price before production. Of course does OPEC blame a slowing global economy and rising global production for the drop in price? Of course not. The [...]

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Oil hits a 2 year low as a shaky global economic picture and signs that OPEC won’t cut production are creating a mass exodus. Iran lowered their crude price differentials in a sign that a potential production war might be brewing. If OPEC members continue to cut prices instead of production, it will add even [...]

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The Federal Reserve seemed to blink in the staring contest over whether or not they can ignore growth in the rest of the world and raise rates. The FOMC minutes showed that some Fed officials are worried that growth in the U.S. might be slower if foreign economic growth continues to slow. The Fed rightly [...]

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INF Breaks Oil. The Energy Report 10/8/14

On October 8, 2014 - 7:37 AM By

Oil goes into a downside breakout after the IMF raised concerns about frothy stock markets and weaker economic growth causing a reaction with stimulus moves by Russia and Norway. The IMF also raised concerns about the divergence of the direction of the U.S. and other economies something that I have said is becoming more of [...]

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Could a deal, a potential deal, in the mining sector signal that we are close to a bottom in the commodity asset class?  News over night that Glencore the mining and commodity trading group made a play for Rio Tinto that would in theory make them the largest mining company in the world. While Rio [...]

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