Filed in Oil Prices
Monday, June 23, 2014
IHS Energy experts say oil markets have turned their attention squarely to Iraq and the fast-moving attacks of the Islamic State in Iraq and Syria (ISIS). The impact on global supply chains has yet to be measured.
Posted on 06/23 at 10:01 AM
Oil Prices •
Sunday, June 01, 2014
An analysis of natural gas storage volumes strongly suggests that natural gas prices will rise significantly towards the end of the year; and as they rise, so too will the price for CNG and LNG.
Saturday, March 01, 2014
Natural gas prices have risen 40 percent to over $6 per thousand cubic feet (Mcf) since the beginning of the year. As a regular reader of this column, rising prices should come as no surprise. In July of last year, when the price was just $3.52 per Mcf, I predicted that prices would rise to between $4.00 and $4.25 per Mcf by the end of the year.
Saturday, February 01, 2014
In Lewis Carroll’s hallucinogenic novella, Through the Looking Glass
, the Red Queen explains to Alice that she too can become a queen by reaching the opposite side of the playing board. But Alice, who has been running as fast as she can, finds that, despite her efforts, she remains in the same spot.
Wednesday, January 01, 2014
Interest in alternative fuel vehicles skyrocketed in 2013, with successful pilot programs for compressed natural gas (CNG) and liquefied natural gas (LNG) trucks being deployed in both private and for-hire truck fleets.
Tuesday, October 01, 2013
The natural gas market outlook has been a frequent topic covered in this column over the last two years. Over this time, I have consistently argued that although natural gas is abundant, natural gas prices will inevitably rise because the costs of production do not support the “glut” prices that have resulted from the fracking boom.
Thursday, August 01, 2013
One needs to look no further than the futures market for evidence that analysts’ forecasts are rarely correct. In every trade, the buyer believes that prices will rise, and the seller believes the exact opposite. Not often do you see an analyst publicly reflect on a prior forecast—except, of course, when their goal is to make a “victory lap.”
Wednesday, May 01, 2013
Seventy-eight percent of former NFL players learn the hard way that bills remain long after incomes have dried up and are broke within five years of retirement. A similar force is at play among the world’s oil exporting nations.
Posted on 05/01 at 06:00 AM
May 2013 •
Oil Prices •
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Monday, April 01, 2013
Upon retiring, Pope Benedict XVI took up temporary residence at the spectacular Castel Gandolfo, which is also home to the Vatican Observatory Research Group recently headed by astrophysicist Father George Coyne, Ph.D.