---
title: "Energy Logistics"
url: https://independentstockanalysis.com/energy-logistics/
description: "Yesterday, Gas Slides on Forecasts for Above-Normal Temperatures at Bloomberg . Perhaps a slow start to winter provides an entry point for the gassers……"
published: 2012-10-16
updated: 2012-10-16
---

# Energy Logistics

Published 2012-10-16

Posted on

by

J.J. Butler

Yesterday, Gas Slides on Forecasts for Above-Normal Temperatures at [Bloomberg](http://www.bloomberg.com/news/2012-10-15/natural-gas-slides-on-forecasts-for-above-normal-temperatures.html). Perhaps a slow start to winter provides an entry point for the gassers…

The service company’s loss is the E&P’s gain: “Pricing for shale work is expected to tumble further as the contracts that were signed at higher rates begin to expire and new deals are signed at lower prices.” [Bloomberg](http://www.bloomberg.com/news/2012-10-14/u-s-plunge-in-gas-drilling-means-1-billion-lost-profit.html)

Reversing Refiners by [Greg Harmon](http://dragonflycap.com/2012/10/15/reversing-refiners/).

Brent Premium Rises to One-Year High; WTI Crude Declines at [Bloomberg](http://www.bloomberg.com/news/2012-10-15/oil-trades-near-three-day-low-brent-premium-at-widest-in-a-year.html).

“The global energy industry faces downward pressure on demand while supply of fossil fuels has risen sharply but there is no risk of a price collapse, Saudi Aramco CEO Khalid al-Falih was quoted as saying Monday.” [Platts](http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/8818457)

Let the nationalism begin: Lawmaker seeks details of crude oil export requests ([Reuters](http://www.reuters.com/article/2012/10/15/us-usa-shell-exports-idUSBRE89E1HI20121015)). US oil exports to Canada not a sign of strategy shift at [Fuel Fix](http://fuelfix.com/blog/2012/10/15/us-oil-exports-to-canada-not-a-sign-of-strategy-shift/). “Gas Prices Stay High Even as Production Surges, as Midwest Can’t Dent Global Market; Some Refiners Profit” [WSJ](http://online.wsj.com/article/SB10000872396390443624204578056563506705412.html?mod=rss_markets_main)

In 2012 the U.S. will produce 83% of the energy it consumes, up from 73.9 in 2008. [Business Week](http://www.businessweek.com/articles/2012-10-11/u-dot-s-dot-energy-independence-is-almost-here)

“…the U.S. is on pace to use 7 percent fewer BTUs of energy in 2012 than four years ago. Slightly higher prices for gasoline, heating oil, and electricity have eaten into those savings. Consumers are likely to spend $641 billion on energy in 2012, down about 2 percent from 2008.” The U.S. is on pace to use 10% less fossil fuels in 2012 than 2008. [Business Week](http://www.businessweek.com/articles/2012-10-11/energy-costs-more-but-we-use-less)

Sensational alert: Iran Drew Up Plans To Cause A Vast Oil Spill In The Strait Of Hormuz at [Business Week](http://www.businessinsider.com/iran-plan-strait-of-hormuz-oil-spill-2012-10).

Heads up: JJ Butler will be taking holiday starting Thursday through the end of this week. No need to fret! *ISA* has a post scheduled for the mornings of Thursday, Friday and Saturday.