Energy Prospectus

Inverse is true on the way up where the short gamma position is hurting the providing banks and they need to buy futures as oil rallies

Chuck, I agree with what you say...nobody trusts the oil market and therefore nobody is buying the shares (which sucks)... I live in London and ~15 years ago smoking was banned in pubs and restaurants across the country...once done, all the pubs had to clean their walls as the rotting nicotine smell...

because the Saudi King denies vehemently they did it... 15 Saudi men show up to the Saudi Consulate in Turkey having flown in on a private jet from Saudi Arabia. They get ushered into the Saudi Consulate because they know this journalist is coming, interrogate (allegedly) him (a US citizen), dismemb...

Hi Dan, Hope all is well with you...thanks for the excellent service! Quick question: Macron (French President) is pointing out to Trump today that he could just lift the sanctions on Iran and the oil price will lower. Do you think this is a possibility given the inverse correlation between the Pres...

Thanks...

How dangerous is it for President Trump to artificially hold the price of oil down until the Mid terms?

Surely he should be allowing market forces to prevail?

Thanks.

Yes...your BB is great at sifting through all the oil news "Click Bait" stories out there...and that sh*t is everywhere...

Dan, what you provide is exceptional for the money.

Thank you

And when the boom is over you are a truck driver in a market saturated with out of work truck drivers...I would advise the young to take the harder road, less travelled!

I am looking forward to seeing the "missing barrels" at the end of this year...filed under "miscellaneous to balance"

Hey Dan...I read that earlier...

It reads like a Nano One Sales manifesto...

Piers

Trump putting the heat on OPEC last week is more about having blame lined up for what will happen to the US consumer's gasoline bills when he smashes Iran?

And don't forget the inconvenient fact of (chronic) global decline rates through under-investment...80% mature oil fields declining at circa 6-12% a year...that is a lot of barrels!

In the light of the new USD300bln solar project recently announced in Saudi Arabia, Look up "Why the saudis are going solar" by Jeffrey Ball... Really interesting (2015) article on (partly) how Aramco sells a LOT of oil to its local market (saudi electricity company) at sub 5 dollars a bar...

"Just keep in mind that both EIA and API weekly numbers are just ESTIMATES based on formulas. They don't actually measure the tanks. The most recent "actuals" we have are for December." Dan, can you summarize the points in a calendar year when we get actuals...are they published ...

"Futures in New York dropped as much as 1.9 percent after IEA Executive Director Fatih Birol said “explosive growth” in U.S. output may extend beyond this year. Investors were also bracing for a government tally on Wednesday that’s expected to show American crude inventories rose to the highest...