Now that Enterprise Products Partners LLP has let the cat out of the bag that less than a month after expanding the Seaway pipeline capacity to 400,000 barrels per day, The Jones Creek terminal has storage capacity of 2.6 million barrels, and it is basically maxed out in available storage.
The first two months of the year have seen volatility crushed downward in this two month bullish rally in assets as new money came rushing into markets needing to get off to a positive start for the year.
It seems that to exclusively focus on one side of the equation can be human nature at times, and with regard to inflation concerns humans never see the other side of the equation, i.e., areas where they are actually experiencing deflation in their lives.
Everyone is currently worried about inflation with the central banks printing like there is no tomorrow.
Coffee is just that kind of market great for traders and well worth putting on your trading radar screens.
Turning your growth trade into a value trade is the quintessential sign of a losing trader on Wall Street.
The oil industry is full of bad analysts.
The gasoline market is well supplied, but if it weren`t for gasoline exports to countries like Venezuela, the United States would have much cheaper gasoline.
The last time prices reached only $95 a barrel WTI the Whitehouse started talking up the SPR release only six months ago. Now that gas prices are higher than ever for this time of year and set to go higher, and we haven`t heard a single mention of the SPRs?
More and more in fashion lately in the financial world is companies taking huge write-downs of some flopped acquisitions....
Exxon reported 4Q profit at a five-year high boosted by its refining arm. However, Delta Airlines (DAL) can’t tell a similar success story with its newly acquired refinery at Trainer, PA.
The current government stance on Marijuana and Online/Casino Gaming is making their position from a legal standpoint look completely arbitrary and lacking in credibility.
If Peter Schiff is selling gold, then maybe you should too!
All this talk about some Super Cycle turn in the economy is putting the proverbial cart ahead of the horse.
The benefits of higher stock prices are soon negated by higher gasoline prices leading to a market sell-off.....