EconMatters's blog

After all, in yesterday’s oil trading there were over 600,000 contracts trading hands on the Globex exchange Tuesday with over 1 million in estimated total volume at settlement.

The funny thing is that I am sure he worked on this Food Analogy, as these are great in the analyst community for selling to clients, but nobody at MS called out on the inherent fallacy.

Sort of like all those do it yourself Gold Mining shows hitting the reality television scene pretty much nailing the near term top in the gold market.

But here is a giant freebie for all those stupid, clueless oil executives out there in North America.

 In short, for oil prices to recover, US Production needs to drop to at the very least 6 million barrels per day for the market to rationalize in price.

Time Magazine cover says she could lead the only Chinese democracy.  The same woman also said "Violence Is Normal in a Democratic Society"

We used to have notions of ‘proprietary programmed code’ but the Investment Banks learned that they could make their life a lot easier by working together instead of cross purposes.

We accurately called the bottom in natural gas prices, we will see how close we are in the oil markets.

Sure Oil can go a dollar below this low, but for all intents and purposes this is the bottom in the oil selloff that was predicted for the start of the year.

Comcast is penny wise, pound foolish.

For example, the world population continues to grow, good farming land with proper soil management is a finite resource, and the world is going to need more food in the future.

The last two years rents have been rising primarily due to supply and demand issues.

I bet OPEC never factored into their analysis the lifting of the US Oil Exporting Ban in 2015 after being a non-starter for so many decades.

Imagine if Casinos told you in advance what the next card from the deck in a game of Blackjack was going to be?

 I am sure corporations, wildcatters and trading firms are all making business decisions based upon these low natural gas prices, and they are not from the bullish side of the equation.