Energy

The central bankers seem to be in charge.  Oil Gains a Second Day on Stimulus Speculation, OPEC Output Call at Bloomberg.

Oil and price incentives:  Econbrowser.

A conservative take on the Bakken:  NDDMR.  Apache goes big on horizontal liquids:  Apache Corp.

ConocoPhillips CEO causes stir with OPEC warningFinancial PostThe Saudis tightening the noose around IranSober Look.

Apache with another shale gas play:  Globe and MailEncana’s Ultra-Long Louisiana Laterals produce fat IP at Haynesville Play.

Coal Wins Again: Global Energy Use by Source, from the 2012 BP Statistical ReviewGregor.  Coal use down stateside but higher globally:  Haynesville Play.  Coal stocks and China:  China DailyCoal Stocks – Finally Time to Buy?  Robert Sinn.

COT:  Understanding the commitment of traders reporting:  RBN Energy.  Financial strength has advantages:  CNQ sells 7 year paper at 3.06%.

Off-topic:  Obama says “green jobs” include oil lobbyists working on environmental issues from IPAA.  Deja vu all over again?  Rot needs to be purged!  GM to go bankrupt again?  Yahoo