Here are selected natural gas prices in a chart from Bloomberg:
Refinery shutdowns in the US… RBN Energy
The excellent RBN Energy has a great piece on refinery shutdowns, here…
Giving up on the apocalypse so soon?
From QuikStrike’s excellent Most Active Strike tool, here… Dec22 $200 calls were the most active strike yesterday, 7,872, with a net 4,391 liquidation
Crack spreads soar… WSJ
Here is Jinjoo Lee, Wall Street Journal, on crack spreads: ”While global demand for petroleum products—ranging from gasoline and diesel to jet
Freeport fire… EIA
Here is the EIA’s Today in Energy series on the Freeport facility fire: According to Freeport LNG Development, L.P., the preliminary assessment
High gas prices hit demand… WSJ
Jennifer Hilton and Collin Eaton have a nice piece in today’s Wall Street Journal on high prices vs. gasoline demand, here… “In the first full week
Biofuel Mandates…
David Fickling, Bloomberg, on biofuel mandates when farmland, crop production is scarce… “As a result, an industry that always had questionable
Refining margins… The Economist
The Economist has a nice piece explaining why refining margins are soaring, (I didn’t see price gouging on the list)… here… “Three factors explain
Energy goods and services as % of PCE… Calculated Risk
From the Calculated Risk blog, here is a better way to look at energy prices than discounting by CPI and shouting “record prices!”….