Oil

Profit-Taking in Offshore Drillers May Be Premature; LT Outlook Remains Solid:  Raymond James Energy Stat of the Week

US Production Surges:  Hard Assets Investor

Eagle Ford well starts sets the table for second half production boom:  Fuel Fix

Globe and Mail:  “While the growth in production is a real phenomenon, Raymond James analysts have made a “mind-boggling” forecast: the U.S. supply will grow from 5.1 million barrels a day in 2010 to nine million by 2015. The additional four million barrels in production is enough to drive down global prices, analyst Alex Morris said…He noted that U.S. gasoline demand is down 6 per cent in 2012 from the corresponding period in 2011….”Is China going to surge back and offset the United States? And I don’t think they will,” he said.”

Dr. Ed’s Blog:  Scroll down for graph of emerging market demand overtaking developed country demand.

Natural Gas Depressed By Associated Gas Production:  My latest Seeking Alpha article.

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