S&P 500 Energy & Materials relative to each other by Ed Yardeni.
The Significant Impact of U.S. Oil Production by Frank Holmes.
Three charts of America’s bright energy future by Mark Perry.
On the demand side, New-vehicle fuel economy remains at record high, researchers say at Auto News.
A look at Denbury Resources: The Misunderstood E&P at Morningstar.
“…against this rather cautionary global refining backdrop, we would reiterate our structurally positive view on U.S. refining fundamentals, which continue to sit at a huge cost-advantaged position resulting from the disconnect in domestic crude (and natural gas) prices.” Raymond James
North America will be energy independent, refining expert says at Fuel Fix.
Rig count: Haynesville Play.
Oil & Gas survey: Business Insider.
Natural Gas Nation: National Geographic.
Natural gas continues to need help: “Weather forecasts in general continue to indicate moderate temperatures through mid-December. Although there are now suggestions that late December may turn cold, early December has been well above normal. The bulk of the heating season still remains. However, if weather related demand does not materialize quickly, prices are headed much lower.” Kyle Cooper
Precious Metals Update – Intermediate Low at Hand by Chris Puplava. In Gold Investing, Forget the Metal and Focus on Stocks at WSJ. Profiting from the Dismal State of Gold Miners and Explorers at Gold Tent.
Mortgage Rates Make a New Low at Bespoke.