Big Energy

The energy piece of the economic puzzle has morphed over the last several years.  From a macro economic perspective, energy does not appear to be a headwind.  Energy is providing a sustainable economic competitive advantage in the U.S.

Perhaps the energy secular bull market has past, and investors instead will have only cyclical conditions with which to contend going forward.  Let 24 diverse links help tell the story:

Saudi oil Minister Al-Naimi:  “everybody now is happy with where the prices are. Nobody is complaining about high prices or low prices.”  (Arab News)  Sounds like relatively stable oil prices near today’s price deck could be the norm…

E&P capex in 2013 is set to be flat in North America, but rise 7% globally in a sustained rise dependent upon today’s oil price.  AOL Energy  Continue reading

Weather & Forecasts

“…as the peak of heating season in mid-January approaches, each day that passes reduces the significance of the potential cold. While temperatures still continue to cool on average, the shortest day of the Northern Hemisphere will occur this week and thus each day will soon begin to lengthen. After mid-January, average temperatures will slowly start to rise with temperatures beginning to warm dramatically after mid-February.”  Continue reading