---
title: "Oil and a lot of Gas"
url: https://independentstockanalysis.com/oil-lot-gas/
description: "We arrive at our desks to weak prices, even with Almost 23% Of Gulf Of Mexico’s Oil-And-Gas Output Cut By Storm : IB Times . Natty will remain depressed…"
published: 2012-06-25
updated: 2012-06-25
---

# Oil and a lot of Gas

Published 2012-06-25

Posted on

by

J.J. Butler

We arrive at our desks to weak prices, even with Almost 23% Of Gulf Of Mexico’s Oil-And-Gas Output Cut By Storm: [IB Times](http://www.ibtimes.com/articles/355782/20120624/oil-gas-shut-tropical-storm-debby-gulf.htm). Natty will remain depressed withdrawal season begins next fall, while oil needs help from the a ‘Saudi Arabia committed to oil supply stability’. [The News Tribe](http://www.thenewstribe.com/2012/06/16/saudi-arabia-committed-to-oil-supply-stability/#.T9ua99RDaxo.twitter)

These notes from last week’s oil supply and demand symposium might be the best thing we read all week: [World of Wall Street](http://www.worldofwallstreet.us/2012/06/reporting-live-from-oil-supply-and-demand-symposium-new-york-city.html).

Perhaps to much opinion, but some worthwhile tidbits and interesting charts: [Energy and Capital](http://www.energyandcapital.com/articles/where-is-crude-headed/2264).

Looking at Encana’s investor day presentation, Understanding the Big Picture: [Haynesville Play](http://www.haynesvilleplay.com/2012/06/understanding-big-picture.html).

Rig count -5 (+16 oil and -21 gas) at [Haynesville Play](http://www.haynesvilleplay.com/2012/06/us-rig-count-5-to-1966-gas-rigs-down-21.html). In their Energy Stat of the Week, Raymond James calls for a 25% reduction in the rig count. WOW. [Raymond James](http://www.raymondjames.com/Branches/c2c/7ho/Whittakercooper/resource.asp?page=energy_stat.htm)

On the Marcellus and natural gas: “Canadian imports into the northeast will probably end in two years (2014), and flip around to a net export position. Midcontinent flows into the Northeast will probably end a year later(2015).” [RBN Energy](http://www.rbnenergy.com/Marcellus-changes-everything-part-II)

No wonder then, Natural Gas is Not Breaking Higher: [Dragonfly Capital](http://dragonflycap.com/2012/06/20/natural-gas-is-not-breaking-higher/). Gazprom Biggest Loser as Shale Gas Upends World Markets at [Bloomberg](http://www.bloomberg.com/news/2012-06-21/gazprom-biggest-loser-as-shale-gas-upends-world-markets.html).

About Chesapeake’s new Chairman: [Fuel Fix](http://fuelfix.com/blog/2012/06/22/analysts-encourages-by-chesapeakes-new-chairman/). With CEO Out, What’s Next For Forest Oil? [Wall Street Journal](http://blogs.wsj.com/deals/2012/06/22/with-ceo-out-whats-next-for-forest-oil/?mod=yahoo_hs).

Alberta scours the globe for workers: [Financial Post](http://business.financialpost.com/2012/06/22/job-hungry-alberta-scours-globe-for-workers/).

MAP: How Oil Flows In And Out Of Every Country In The World: [Business Insider](http://www.businessinsider.com/map-oil-import-export-2012-6).