Oil Rises a Second Day on U.S. Supply Drop, ECB Plan Optimism at Bloomberg.
On Tuesday EOG Resources CEO Mark Papa gave a presentaion. Starting at the 10 minute market he gives an overview of world oil markets (starts with page 8). In short, expectations continue to be for oil pricing to remain quite robust and natural gas and NGL’s to be weak.
Sounds like an Obama re-election would mean Canadian oil is exported from British Columbia, while a Romney win would bring the oil south. National Post
For Hans: An NOG chart I ran accross: Stockcharts.