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Jim Colburn

November 7, 2018

Bakken, Western Canada Select vs. Brent price spreads… EIA

The EIA’s Short Term Energy Outlook, here, has a nice chart showing some key oil spreads, with an explanation (my emphasis): “Even though total

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November 6, 2018

Oil Drilling Spreads Across African Continent… Bloomberg

Paul Burkhardt, Bloomberg, writes: “In 2018, the number of oil and gas rigs in Africa reached a three-year high, according to Baker Hughes. There

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November 5, 2018

ConEd gets approval for natural gas demand response pilot program… EIA

Rising natural gas demand meets no new gas pipelines... Here is the EIA: ”Con Edison estimates that, by the winter of 2023–2024, its firm pipeline

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November 5, 2018

Hedge funds cut net length… Reuters

John Kemp, Reuters, shows us how much hedge funds have cut net length in petroleum positions, here...

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November 2, 2018

Giving up on the Dec19 $100 call?

While traders’ motives can never be certain without direct knowledge, yesterday’s trading activity in Dec19 $100 calls seem to indicate some (or one)

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November 1, 2018

Oil pipeline/refinery map.. CAPP

The Canadian Association of Petroleum Producers put out an excellent map, here...

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November 1, 2018

US monthly crude oil production exceeds 11mbd in August… EIA

This from the Energy Information Agency’s Today in Energy, here: ”U.S. crude oil production reached 11.3 million barrels per day (b/d) in August

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October 31, 2018

The Big Three… AEI

From the blog Carpe Diem, here:

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October 30, 2018

Hedge Funds Lose Conidence in Oil… WSJ

While reading this article, I kept thinking, are hedge funds biased toward buying oil?  Yes, the “long-only” strategies probably dwarf “short-only

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