Our Blog
Sand River’s Take
Sand River Financial Advisers issue a “Monthly Commentary” in which they share their perspective on the international and domestic oil markets. In the most recent issue they attribute the recent run-up in oil prices to the prospect of an agreement among major producing countries to limit output. Bulls see Saudi Arabia and other prominent OPEC… Read More
Utica Update
“World Oil” reports that oil and gas production from the Utica shale has increased dramatically since 2012. The Utica play, which includes both the Utica and Point Pleasant formations, basically lies beneath the more famous Marcellus shale. Since the Utica is deeper, and therefore more expensive to drill, the Marcellus has received more attention to… Read More
Europe Key to LNG
As a result of the shale revolution, the domestic natural gas market was flooded with new production. This led to low prices, and an effort by operators to find new markets. These included pipeline sales to Mexico (and to a lesser degree, Canada) and liquefied natural gas (LNG) for export. With abundant, cheap feedstock, LNG… Read More
Inventory Revisited
As crude oil prices fell, so did investment, rig counts, and production. Now production and consumption are approaching equilibrium, but prices remain stubbornly low. This is because the perception is that the oil glut will persist as inventories remain high. In the developed world, above ground crude oil and product storage remains about 400 million… Read More
ARC’s Take on NG
As I have stated in previous posts, in my opinion, ARC Financial offers some of the most insightful analysis of what is going on in the oil and gas markets. These are effectively illustrated periodically via easy to understand charts with annotated observations. Recently I perused their August 30 issue and gleaned the following observations… Read More
