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July 19, 2017

Real time prices of power, New York State… NYISO

Yeah, it's hot outside... These are locational based marginal prices for power in different parts of New York as of 5:14

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July 19, 2017

Stock levels… EIA

Here are the stock levels for crude oil, distillates and gasoline outright and as "days supply" from the EIA's This Week in Petroleum: Crude oil is

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July 19, 2017

Venezuela’s National Oil Company on Its Last Legs… OilPrice.com

From Luis Colasante, at OilPrice.com: "In the last ten years, Venezuela crude oil production has lost more than 500 thousand barrels per day. Since

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July 15, 2017

NY and Atlanta Fed GDP Nowcast updates…

Updated to include Friday's economic data, New York is steady at +1.9 GDP growth for 2Q, while Atlanta is now at +2.4%, a new low: Here are

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July 15, 2017

US annual energy expenditures.. EIA

Energy is relatively cheap and should boost or at least not be a drag on the economy (note the increase from 2002 to 2008): The chart can be

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July 15, 2017

Bull market in pork bellies… WSJ

From the Wall Street Journal: "Fast-food chain Arby’s Inc. last month introduced a series of “triple thick” bacon sandwiches. Brooklyn-based eatery

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July 14, 2017

EIA expects $50 oil through 2018…

The EIA expects oil prices to average around $50 through 2018... From Today in Energy: "EIA now forecasts Brent crude oil spot prices to average

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July 13, 2017

Oil Market Report Summary… IEA

The monthly Oil Market Report released by the IEA is closely watched by energy markets... Here are some highlights: "Each month something seems to

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July 10, 2017

Blame the Algorithms… WSJ

Stephanie Yang and Timothy Puko at the Wall Street Journal discuss the increasing role of algorithms in oil market here... Here is a nice

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