Enercom day 2

Chief Oil Economist DNB Bank  Global View on Oil Market Most unplanned shutdowns since 2011. Opec cut production but did not cut exports. OPEC exported from inventory so inventory drew down. US rig…


Day 1 Enercom Denver

This year's annual ritual, the Enercom Oil and Gas conference in Denver, kicked off with a recurring theme: Commodity prices are low, producers are lowering costs, and producing more. Nothing here to…


Notes from Enercom 2012

First of all men's suits are back in force.  Everyone is wearing a suit.  My big takeway besides men's haberdashery is that every single company presenting (and there are a lot of them- just about…


Israelis Killed in Bulgaria Blast as Netanyahu Blames Iran - Bloomberg

Israelis Killed In Bulgaria Blast As Netanyahu Blames IranBy Elizabeth Konstantinova and Calev Ben-David - Jul 18, 2012 1:43 PM MTFacebook ShareLinkedInGoogle +15 COMMENTSPrintQUEUEQSix people were…


Population growth will drive commodity demand

BOUT DOT EARTH By 2050 or so, the human population is expected to reach nine billion, essentially adding two Chinas to the number of people alive today. Those billions will be seeking food, water and…


Commodity anguish may be over according to Goldman

Knowing how everything is manipulated, this means Goldman has covered their short on energy and now wants to take money from you the on the other side of the trade.  It sure acts like oil has stopped…


Chevron ex-CEO sees U.S. oil imports for next 20 years - Yahoo! Finance

PALO ALTO, California #Reuters# - David O'Reilly, the former head of Chevron Corp #CVX#, believes the United States will be importing oil for at least the next two decades despite a recent surge in…


Why Do You Hate The Oil Sector? And Yes, I Do Mean You..

Watching SLB trade lower and lower is what I'm talking about.  Watching HES and HAL trade into the red is what I'm talking about. Watching BAS get crushed is what I'm talking about.  The market hates…