---
title: "O&G Spreads and Gushers"
url: https://independentstockanalysis.com/og-spreads-and-gushers/
description: "Tuesday Was Ugly: Short-term Caution Advised at All Star Charts . Oil Trades Near Three-Month High in New York Amid Supply Risks at Bloomberg . Crude oil…"
published: 2012-08-22
updated: 2012-08-22
---

# O&G Spreads and Gushers

Published 2012-08-22

Posted on

by

J.J. Butler

[Tuesday Was Ugly: Short-term Caution Advised](http://allstarcharts.com/tuesday-was-ugly-short-term-caution-advised/) at [All Star Charts](http://allstarcharts.com/tuesday-was-ugly-short-term-caution-advised/).

Oil Trades Near Three-Month High in New York Amid Supply Risks at [Bloomberg](http://www.bloomberg.com/news/2012-08-22/oil-trades-near-three-month-high-in-new-york-amid-supply-risks.html).

Crude oil prices peaked early in 2012 at the [EIA](http://www.eia.gov/todayinenergy/detail.cfm?id=7630). The five year chart is surprising and interesting…

Goldman Sees Brent-WTI Spread Narrowing as Inventories Fall at [Washington Post](http://washpost.bloomberg.com/Story?docId=1376-M9418T6JTSF201-03V7RP7HHVU71C2GBLC1A88FK6).

“But under current policy, EIA says Mexico will have to start importing oil by 2020.” [CNN](http://money.cnn.com/2012/08/17/news/economy/mexico-oil/index.html)

The Demise of the Car: Doomed by escalating oil and infrastructure cost by [Gregor](http://www.peakprosperity.com/blog/79493/demise-car). Only the executive summery of The Real Story Is the Rise of the Global Powergrid is publicly available, also by [Gregor](http://www.peakprosperity.com/insider/79494/rise-global-powergrid). The theme fits well with our continuing coal education.

Not exactly the stuff of an immenent production decline: “Natural gas production from Pennsylvania’s Marcellus Shale for the first half of this year jumped 82% over the same period last year…” [Platts](http://www.platts.com/RSSFeedDetailedNews/RSSFeed/NaturalGas/6576393) Exxon Mobil’s natural gas production has barely rolled over and too high decline rate (for XOM’s mature production) is required for a prediction of their production to fall meaningfully. [SA](http://seekingalpha.com/article/819231-exxon-mobil-s-u-s-natural-gas-production-to-decline-following-curtailed-drilling?source=email_macro_view&ifp=0)

A more wonkish look at the Utica: [Bucyrus](http://www.bucyrustelegraphforum.com/article/20120820/NEWS01/208200303/Samples-show-picture-gas-potential-beneath-Utica-Shale?odyssey=mod%7Cnewswell%7Ctext%7CFRONTPAGE%7Cp).

“U.S. drivers paid an average of $3.72 per gallon on Monday.” [Fuel Fix](http://fuelfix.com/blog/2012/08/21/summertime-blues-for-drivers-gas-at-august-record/)

About the refiner trade: Tesoro is a Gusher – Fade It by [Dragonfly](http://dragonflycap.com/2012/08/21/tesoro-is-a-gusher-fade-it/).