Last Thursday’s Brexit vote led to a historically nightmarish day in the financial markets: Indexes across the globe were down between 3-10%. The British pound dropped from a high of $1.50 to $1.32, before finally recovering to $1.37, down an enormous 9% for the currency. European banks stocks were down between 15 and 20%. S....Read More

When markets become volatile my job gets a lot more exciting and this year is off to a good start, so I thought I’d continue the education process.  Emerging markets are experiencing extreme volatility out of concerns that money is flowing out of their economies, making them unable to pay off debt in U.S. dollars. ...Read More

While the media attention has certainly been significant, the renaissance in the U.S. energy business in for real and will continue to have huge implications.  The development of “fracking” techniques to extract gas and oil from shale at a reasonable cost, has opened huge resources for development.  The United States is one of few countries...Read More

This article is bad news for coal companies hoping that India and China would be the key to raising prices.  While I do believe that coal will remain a key cog in a comprehensive energy plan, I do think that cheaper natural gas, and improving renewable alternatives are decreasing long term demand for coal.  The...Read More

Southern Company CEO Tom Fanning offers some interesting perspectives on long term energy solutions.  He believes that Natural Gas consumption will rise by 50% and over the long term this will likely lead to price increases that might make coal viable once again.  In addition there is the risk the environmental concerns over “fracking” could...Read More

There is no doubt that North America needs to fully embrace using liquefied natural gas to fuel vehicles.  We have an immense amount of resources that can be procured at a much lower cost than we are able to obtain oil. Natural Gas is the fuel for this continent and policymakers and businesses will find...Read More

It seems like energy producers are finally taking the steps needed to create a bottom in natural gas.  I’d suspect we are close but maybe not quite there yet as demand still needs to pick up a bit more.  The fact that oil prices are so high and natural gas prices are so low seems...Read More

Lower natural gas prices is a tremendous boon to chemical makers and steel companies.  Once the U.S. develops an adequate energy policy focusing on utilizing more natural gas versus oil the benefits will be even more pronounced.  Companies like Dow Chemical (DOW) have the opportunity to be huge beneficiaries in reducing their cost structure through...Read More

We’ve been documenting the drastic decline in natural gas prices which is having really large consequences in changing the infrastructure of North America’s energy sector.  High oil prices both provide the impetus for more natural gas development to take advantage of the cheaper relative pricing, in addition to keeping natural gas prices low as drillers...Read More

It is very difficult to forecast the future outlook for oil prices.  In relation to other forms of energy such as natural gas it is obscenely expensive.  Supply isn’t really constrained even with the difficulties in demand and production has been relatively solid.  Hundreds of billions of dollars are being spent to develop new deepwater...Read More