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Lessons from the Gas Pump about Oil Price Volatility

As I filled the gas tank in my wife’s car this weekend I chuckled about the great low price I was paying for the experience. It made me feel so good I went inside the Chevron service station and bought a lottery ticket and a few scratchers for good measure. This was my lucky day. Read more about Lessons from the Gas Pump about Oil Price Volatility[…]

A Fly on the Wall at OPEC’s November 27th Meeting

The next meeting of OPEC ministers is scheduled to take place November 27, 2014 in Vienna. It is not going to be business as usual. The stated purpose of the meeting is to set production policies for 2015. But we all know what the members will be discussing over tea or something stronger. “How do Read more about A Fly on the Wall at OPEC’s November 27th Meeting[…]

Big Sale on Oil! Limited Time Only!

SOURCE: US EIA, Bloomberg, CME Group That’s the real headline from the geopolitical reaction to falling oil prices. In the past falling world oil prices have provoked a meeting of the OPEC oil ministers who would agree to and announce a cartel cut in production targets to bring down supply levels to match demand. Then Read more about Big Sale on Oil! Limited Time Only![…]

Put America’s 'Spare' Oil Productive Capacity to Work

Global oil prices are driven by a ‘rule of thumb’ that suggests prices will go up when the spare capacity of oil available on any given day is less than 5% of expected global demand.  In today’s high priced oil market that swing in spare capacity is about 2%. This a big deal because traders Read more about Put America’s 'Spare' Oil Productive Capacity to Work[…]

The Answer to Oil Price Spike Outrage is Right Before Our Eyes

Our world is in a ‘funk’—again over global oil price spikes caused by concerns about conflict between Iran and Israel drawing the US into a war, the continuing agony of Greek debt and its euro contagion, worries that China may have deeper economic problems than thought that will drag the global economy back into recession.  Read more about The Answer to Oil Price Spike Outrage is Right Before Our Eyes[…]

Setting the Stage for Change: Big Picture Energy Trends

Technology and global competition are profoundly impacting our energy future.  The evidence is all around us in wind and solar energy advances, horizontal drilling and hydraulic fracturing creating a new North American oil and gas boom market, and the technologies driving smart grid, microgrids, and constant energy management. What are the forces of change taking Read more about Setting the Stage for Change: Big Picture Energy Trends[…]

USE IT OR LOSE IT AMERICA: Domestic Energy Production @ Risk

Ok I admit it, I am an energy geek! I spent the last twenty years earning my living helping clients turn their energy strategies into actionable results.  I believe in the power of markets and worship at the altar of competition in the belief that thriving, competitive wholesale energy markets are good for the energy Read more about USE IT OR LOSE IT AMERICA: Domestic Energy Production @ Risk[…]

America’s Energy Policy Reality #3: Domestic Energy Security Requires Domestic Energy Production

World oil prices surged again last week with front-month NYMEX Light, Sweet Crude Oil (“WTI”) futures hitting $101.75 on June 9 2011 for the July 2011 contract.  That was up from $98.99 the week before.  Oil prices were driven up by worries about the failure of OPEC to agree to higher production targets for the Read more about America’s Energy Policy Reality #3: Domestic Energy Security Requires Domestic Energy Production[…]

The Gift: Energy Security and Economic Growth from Unconventional Oil & Gas

The latest economic reports paint a discouraging picture of our anemic economic recovery.  Our politicians in Washington seem more interested in scoring points with each other than resolving the problems that prevent a return to sustainable growth.  Back home on Main Streets across America the locals are (1) worried; (2) angry and (3) ready for Read more about The Gift: Energy Security and Economic Growth from Unconventional Oil & Gas[…]

A New American Energy Revolution

America is engaged in what we do best—adapting to change, responding to opportunity and meeting challenges head-on.  While the recession is technically over our pain lingers with slow economic growth with much uncertainty and rising inflation risk on the horizon but America is slowly going back to work.  Housing and government spending still seems out Read more about A New American Energy Revolution[…]