Energy Prospectus

Thanks Dan for the insight of impact from imports. Clarifies the supply delusion.

WTI and Brent were both impacted by the builds on API/EIA numbers. However, the uncertainty in the market relative to the Fed announcement today added some additional hot sauce. I look for a pull back above 80. Lower is better relative to getting a rate cut out of the FED for July and/or September.

It will be interesting to see how this ages after of release of earning after the bell today: HOUSTON, April 29, 2024--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) ("SilverBow" or the "Company") today released an investor presentation and mailed a letter to shareholder...

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.3 million barrels from the previous week. At 460.9 million barrels, U.S. crude oil inventories are about 3% below the five year average for this time of year. Total motor gasoline inventories in...

Interesting day. NG is down to $1.59, AR, CRK and EQT are all up! Amazing.

Update, received ballots today and voted. Board recommended a "For" vote.

PetroGirl
@PetroGirl1
#API Oil inventory Draws Down -3,230,000
Barrels Oil Going To $100

Oil -3,230,000 Barrels
Gas. -595,000. Barrels
Cushing -898,000 Barrels
distillates +724,000

From Phil Flynn: “if you believe the Chinese government, the country doesn’t import any oil from Iran. Zero. Not a barrel. Instead, it imports lots of Malaysian crude. So much that, according to official Chinese customs data, it somehow buys more than twice as much Malaysian oil as Malaysia actually...

On the link to Twitter a bit of background is given:
PetroGirl
@PetroGirl1

Johanna Educated Woman Brilliant Investor of Oil U of Toronto Business Admin Grad Surge $SGY Tamarack $TVE Cash Flow Multiple Expansions 🛢 #COM

During the Tucker Carlson and Putin interview, Tucker asked who was in charge in the USA, Putin responded, "The CIA." This article seemed to have confirmed this idea: "What scared me back then was coming to understand that a new milieu had been created consisting of party operatives, ...