Search found 425 matches

by cmm3rd
Wed Sep 14, 2022 4:20 pm
Forum: The View from Houston
Topic: Biden admin makes it more expensive to drill for energy.
Replies: 0
Views: 501

Biden admin makes it more expensive to drill for energy.

Biden admin makes it more expensive to drill for energy. Again JAZZ SHAW 8:52 AM on September 14, 2022 During yesterday’s White House press briefing, Karine Jean-Pierre tried to brag about gas prices coming down no less than five times while insisting that there was “more work to be done” and Joe Bi...
by cmm3rd
Wed Sep 14, 2022 4:10 pm
Forum: The View from Houston
Topic: EIA Weekly Petroleum Data - week ending 9/9/22
Replies: 3
Views: 925

Re: EIA Weekly Petroleum Data - week ending 9/9/22

Not to be overlooked was this notice that accompanied today's report: Crude Oil Production Re-benchmarking Notice: When we release the Short-Term Energy Outlook (STEO) each month, the weekly estimates of domestic crude oil production are reviewed to identify any differences between recent trends in ...
by cmm3rd
Wed Sep 14, 2022 4:07 pm
Forum: The View from Houston
Topic: EIA Weekly Petroleum Data - week ending 9/9/22
Replies: 3
Views: 925

Re: EIA Weekly Petroleum Data - week ending 9/9/22

At 429.6 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year. A poster on the IV Energy Investing mb wrote: When we include the SPR, oil inventories averaged 1.0936 billion barrels from 2017 through Dec. 2021, versus 866 million barrels now, me...
by cmm3rd
Wed Sep 14, 2022 4:04 pm
Forum: The View from Houston
Topic: EIA Weekly Petroleum Data - week ending 9/9/22
Replies: 3
Views: 925

EIA Weekly Petroleum Data - week ending 9/9/22

Summary of Weekly Petroleum Data for the week ending September 9, 2022 U.S. crude oil refinery inputs averaged 16.0 million barrels per day during the week ending September 9, 2022 which was 94,000 barrels per day more than the previous week’s average. Refineries operated at 91.5% of their operable ...
by cmm3rd
Thu Sep 01, 2022 1:45 pm
Forum: Picks and tips from the EP community
Topic: Hemisphere Energy
Replies: 5
Views: 1720

Re: Hemisphere Energy

For so long as the share price remains significantly undervalued, I would rather see additional available funds be used for maximum share repurchases and (to the extent available) accretive acquisitions to add scale and further improve metrics.
by cmm3rd
Fri Aug 12, 2022 2:11 pm
Forum: The View from Houston
Topic: GS: ‘Irrational expectations depressing commodity prices
Replies: 1
Views: 879

GS: ‘Irrational expectations depressing commodity prices

‘Irrational expectations’ are keeping commodity prices unsustainably low, warns Goldman Last Updated: Aug. 12, 2022 Investors counting on a softer global economy to pull commodity prices lower may instead be faced with scarce supplies and inflation, as the market is awash in contradictions, Goldman ...
by cmm3rd
Wed Aug 10, 2022 12:26 pm
Forum: The View from Houston
Topic: SPR Replenishment bids
Replies: 3
Views: 933

SPR Replenishment bids

This July 26 article reviews the status of SPR draws and plans thus far to replenish it. Few are focused on the fact that not only will termination of the SPR release decrease supply numbers by about 6 million bbls per week, but when replenishment begins demand will increase. It will be interesting ...
by cmm3rd
Sat Jul 30, 2022 6:57 pm
Forum: Picks and tips from the EP community
Topic: Hemisphere and CVE dividend classification question
Replies: 4
Views: 1457

Re: Hemisphere and CVE dividend classification question

Yes, Fidelity withholds an amount on dividends paid on foreign stocks that are held in a taxable account, but normally not on those held in a tax deferred account (such as an IRA). The amount withheld is intended, I believe, to be the tax imposed by the foreign government on the dividend. The US tax...
by cmm3rd
Sat Jul 30, 2022 1:39 pm
Forum: Picks and tips from the EP community
Topic: Hemisphere and CVE dividend classification question
Replies: 4
Views: 1457

Hemisphere and CVE dividend classification question

Fidelity classified my HMENF and CVE dividends paid on 6/30/22 as "non-qualified" dividends. I believe that means Fidelity will report them as not eligible to receive the favorable US tax treatment accorded "qualified" dividends (i.e., not taxed at capital gains rates, rather, ta...
by cmm3rd
Wed Jul 27, 2022 11:05 pm
Forum: The View from Houston
Topic: KMI's Rich Kinder's noteworthy comment re lng demand growth
Replies: 3
Views: 1360

Re: KMI's Rich Kinder's noteworthy comment re lng demand gro

This makes me wonder whether, and if so to what extent, the advent of large scale LNG global market is going to change (is changing) ngas pricing from being regional to more of a global market, somewhat like oil, permanently. Probably a complicated issue with multiple factors influencing effect on p...