The EIA reports that Jan 1 set a new record for natural gas consumption: “Estimated U.S. natural gas demand on January 1, 2018 reached 150.7
One stat…
From the EIA’s “This Week in Petroleum”, refinery runs are up to an eye popping 17,608 barrels per day!!! The record based on weekly numbers is
New England Gas Prices Jump… WSJ
Here is Stephanie Yang in today’s Wall Street Journal: ”According to S&P Global Platts, New England next-day prices jumped to $38.40 a million
Open interest in oil futures explained… The Daily Shot/WSJ
The Daily Shot does an excellent job of explaining how players are positioned in the oil market... I am reproducing the whole thing: ”Energy
Byron Wien’s 10 surprises for 2018…
These are always fun: https://www.blackstone.com/media/press-releases/byron-wien-announces-ten-surprises-for-2018 My surprise would be if number
Oil futures in China are coming… Bloomberg
Sungwoo Park writes a nice article on oil futures in China... ”China, the world’s biggest oil buyer, is on the verge of opening a domestic market
Commodity prices in 2017… EIA
I’m so glad the EIA’s Today in Energy is back... Here are some nice charts on commodity prices for 2016:
Power stuff…
Here are locational based marginal prices (LBMP) for New York this morning: A few minutes later prices were back “down” to the 1
Crude oil options volatility, summary chart…
Here is a chart showing crude oil implied volatility since options began trading on the exchange in 1986... The data are based on the at the money,