Oil Rises in New York on Speculation Last Week’s Drop Overdone at Bloomberg.
Oil spare productive capacity trumps: “…analysts are increasingly skeptical about whether these countries have the capacity to shield Western consumers against a new oil shock.” WSJ One chart with a guess of spare capacity is included in Brent-WTI crude oil spread remains wide in spite of Saudi action at Sober Look.
U.S. shale glut forces Alaska to target Asia for gas exports at Financial Post.
Someone I should have been following more closely is exceptionally bullish on natural gas. Had the commentary come from elsewhere I would have dismissed and ignored it. I need to investigate further. This would be a really big deal…stay tuned.