---
title: "Oil Heavy"
url: https://independentstockanalysis.com/oil-heavy/
description: "Oil Trades Little Changed as Storm Threat to U.S. Gulf Crude Supply Fades at Bloomberg . Annual Energy Outlook 2012 (Only 252 pages long): EIA This would…"
published: 2012-06-26
updated: 2012-06-26
---

# Oil Heavy

Published 2012-06-26

Posted on

by

J.J. Butler

Oil Trades Little Changed as Storm Threat to U.S. Gulf Crude Supply Fades at [Bloomberg](http://www.bloomberg.com/news/2012-06-25/oil-trades-below-80-a-fourth-day-on-european-debt-crisis.html).

Annual Energy Outlook 2012 (Only 252 pages long): [EIA](http://205.254.135.7/forecasts/aeo/pdf/0383(2012).pdf)

This would only be the tip of the iceberg: Oil price fall slowing oilfield activity at [Calgary Herald.](http://www.calgaryherald.com/index.html)

I have little idea when the Saudi’s will cut oil production, but here is a look at the coming monarchy change: [Economist](http://www.economist.com/node/21557330). Update: OPEC may hold emergency meeting if oil prices continue to decline, Khatibi says per Platts at [Twitter](https://twitter.com/PlattsOil/statuses/217561862093541376).

China Stockpiling masks tepid oil-demand growth: [Petroleum Economist.](http://www.petroleum-economist.com/Article/3050080/News-and-Analysis-Archive/China-stockpiling-masks-tepid-oil-demand-growth.html) However, “Both Malaysia’s A-P Tapis Crude and Indonesia’s A-P Minas crude are pegged to Brent crude and currently trade at an $8 premium.” [Peter Pham](http://www.alphavn.com/2012/06/22/japans-energy-knot/).

Gas at the pump should head down to near $3.00 stateside: [Econbrowser](http://www.econbrowser.com/archives/2012/06/gasoline_prices_7.html).

Meanwhile, a Japanese company is paying $5000 an acre for South Texas acreage. They have to drill through the Eagle Ford (which rights they do not receive) to get the Pearsall. Two words: **Time-value** and **WOW**! [Oil and Gas](http://www.ogj.com/articles/2012/06/osaka-to-join-cabot-in-pearsall-shale-drilling-program.html?utm_source=twitterfeed&utm_medium=twitter)Journal.

A look at how Canadians are handling the CHK & ECA crisis: [Financial Post](http://business.financialpost.com/2012/06/25/encana-embroiled-in-new-morass-as-chairman-launches-probe-into-collusion-accusations/). Southeastern thinks Chesapeake is worth $50 and eventually $100: [CNBC](http://www.cnbc.com/id/47906119). Technical look at CHK: [Roberty Sinn](http://www.robertsinn.com/2012/06/25/the-chesapeake-nightmare-continues/)