From the EIA’s “This Week in Petroleum”: ”Despite record refinery runs and lower exports, distillate inventories in the United States have declined
US natural gas pipeline exports to Mexico increase… EIA
This, from the EIA’s Today in Energy: “U.S. natural gas pipeline exports to Mexico have been increasing following expansions of cross-border
10-year T-Notes a crowded trade?
Here is the Wall Street Journal with a chart showing net short positions in 10-year notes: Here is the futures contract:
Jill Mislinski on trends in gasoline consumption….
Jill Mislinski, Advisor Perspectives, does an excellent job analyzing gasoline sales in the US, here... The first chart shows total gasoline levels
A long term look at crude oil vol…
Here is a long term perspective of WTI implied volatility going way back (through 8/20/18)... At the money vol settled at around 24% yesterday... The
Port district Houston-Galveston became a net exporter of crude in April… EIA
For the first time in record the port district of Houston-Galveston has become a net exporter of crude oil... Here is the link... And here are some
US/China Natural Gas… WSJ
Stephanie Yang and Timothy Puko, Wall Street Journal, have a nice piece on US/China natural gas trade, here... Their charts make excellent background
Carbon taxes vs. “cap and trade”… The Economist
The Economist highlights a study showing that carbon taxes are better at reducing carbon emissions: ”A new IMF working paper by Ian Parry, Victor
Clues of a demand slowdown… Houston Chronicle
Time spreads especially diesel (world economy sensitive), commodity correlations (industrial metals with energy, for example), currency values and







