By EconMatters
The mild winter has Nat Gas stocks at record levels, but the last time this many natural gas rigs went offline in 2012, prices rebounded to the $5 level nicely on a long trending trade. Traders and Investors are trying to anticipate and evaluate the likelihood of this move in Natural Gas happening again.
https://www.youtube.com/watch?v=vfyGxfjSLfU
By EconMatters
Some impressive internals for this report are blunted because of OPEC supply finding its way to the United States. The drop in US Oil Production was noteworthy in this report.
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
Is there anyone on the planet who's actually stupid enough to believe these New Normal charts are healthy and sustainable?
By EconMatters
People don`t realize the magnitude of all the Oil Producing Countries with declining Production Rates, and trending the wrong direction compared with the consistent and steady rise in Global Oil Demand Growth.
By EconMatters
Last week we had a bearish EIA Report and Oil moved up $3 bucks due to Fund Flows getting ahead of the fundamentals.