Natural Gas

Tyler Durden's picture

Frontrunning: January 21





  • Global Stocks Face Fresh Losses (WSJ)
  • European stocks lick wounds after mauling, oil steady (Reuters)
  • Hang Seng Index Sinks Below Net Assets for First Time Since 1998 (BBG)
  • U.S. Hedge Funds Boast Lower Losses as Markets Tumble Further (NYT)
  • Deutsche Bank Drops as Investment Bank Revenue Concerns Mount (BBG)
  • Islamic State Uses Syria’s Biggest Dam as Refuge and Potential Weapon (WSJ)
 
Tyler Durden's picture

Why Oil Under $30 Is A Major Problem





Unfortunately, what we are facing now is a predicament, rather than a problem. There is quite likely no good solution. This is a worry. During the last 18 months we have read incessantly that low oil prices, for example, $30 per barrel oil, will stimulate the economy, and the economy will soon bounce back. What is wrong with this story? A lot of things, as we see it...

 
Tyler Durden's picture

Mission Accomplished? The U.S. Spent Half A Billion On Mining In Afghanistan With "Limited Progress"





The United States has spent nearly half a billion dollars and five years developing Afghanistan’s oil, gas and minerals industries — and has little to show for it, a government watchdog reported today. In fact, the task force spent $46.5 million to try to convince companies to agree to develop the resources, but not one ended up signing a contract.

 
Tyler Durden's picture

US Freight Volumes Fall For First Time In 3 Years As Baltic Dry Crashes Under 400





For the first time in three years and before that the recession, the total volume of freight moved by road, rail, pipeline, inland waterways and air has fallen Y/Y. Meanwhile, on the high seas, the Baltic Dry has collapsed under 400. 

 
Tyler Durden's picture

Cheap Oil Hits Housing In North Dakota, Texas, & Others





Most Americans will still welcome low prices at the pump. But in the oil boom towns of yesterday, the slowdown is very much being felt - "The jobs are leaving, and if an area gets depopulated, they can't take the houses with them and that's dangerous for the housing market."

 
Tyler Durden's picture

China Exports Most Deflation To The US Since December 2009





While the trend of US trade partners exporting deflation either across the Atlantic or Pacific continues, one name continues to stand out. China.

 
Tyler Durden's picture

War Between Saudi Arabia And Iran Could Send Oil Prices To $250





The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries. The effect from the brewing conflict on oil is murky, but for now it is not having a bullish impact. But what if the current “Cold War” between Saudi Arabia and Iran turned hot?

 
Tyler Durden's picture

Global Stocks Rebound As Fears Of Chinese Hard-Landing Pushed Back On Strong Trade Data





After two months of sharp currency devaluation, the market was carefully watching last night's China trade data to see if the Yuan debasement had led to a positive trade outcome to the world's second largest economy, and as reported last night, it was not disappointed when China reported a December trade surplus of $60.09 billion from $54.1 billion in November, as a result of exports beating expectations and rising 2.3%, the first increase since June, while imports declined by just 4%, the smallest drop since 2014 despite China importing a record amount of oil, or 33.2 million tons, in December.

 
Tyler Durden's picture

The Demise Of Dollar Hegemony: Russia Breaks Wall St's Oil-Price Monopoly





Russia has just taken significant steps that will break the present Wall Street oil price monopoly, at least for a huge part of the world oil market. The move is part of a longer-term strategy of decoupling Russia’s economy and especially its very significant export of oil, from the US dollar, today the Achilles Heel of the Russian economy.

 
Tyler Durden's picture

The Company Behind LA's Methane Disaster Knew Its Well Was Leaking 24 Years Ago





Last fall, a 7-inch injection well pipe ruptured 500 feet below the surface of Aliso Conayon in Los Angeles, after ferrying natural gas for six decades. The resulting methane leak is now being called one of the largest environmental disasters since the BP oil spill, has pushed thousands of people out of their homes, and has quickly become the single biggest contributor to climate change-causing greenhouse gas emissions in California. But it's not the first time this well sprang a leak - and Southern California Gas Company (SoCalGas), which owns and operates the well, knew it.

 
Tyler Durden's picture

Meet Manifa (And Other Giant Oil Projects) That Will Add To The Global Oil Glut





While the media attention was directed to the shale oil boom in the US, the Saudis created a giant offshore oil project called Manifa. With one single project Manifa added 1 million barrels a day to the world oil glut. Manifa will expand its capacity the coming year, adding a further 500 million barrels a day to world markets.

 
EconMatters's picture

Here is How You Fix the Oil Market





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

 
Tyler Durden's picture

Frontrunning: January 11





  • David Bowie, musical legend behind Ziggy Stardust, dies at 69 from cancer (Reuters)
  • With No Powerball Winners, Jackpot Grows to Estimated $1.3 Billion (ABC)
  • Stock Gains Short-Lived as Chinese Volatility Hurts Oil, Metals (BBG)
  • China's yuan spikes higher, but stocks tumble (Reuters)
  • Arch Coal Files for Bankruptcy (WSJ)
  • Yuan Loan Rates Soar in Hong Kong as PBOC Halts Currency's Slide (BBG)
  • China stocks close down at lowest level since September (Reuters)
  • Fed Eyes Margin Rules to Bolster Oversight (WSJ)
 
EconMatters's picture

Taiwan Election: How a DPP Win Would Tick Off China





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

 
Tyler Durden's picture

Doctors Urge California Residents "Leave Now...While You Can" As Gas Leak Fears Grow





This is the equivalent of the BP oil spill on land, in a populated community... If you have a chance to leave, if you’re able to leave... if you have a chance to relocate, do it now. I’m telling you, it’s really critical.

 
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