Fed Places Bets on Commodity Price Direction
Fed Places Bets on Commodity Price Direction
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Fed Places Bets on Commodity Price Direction
Each month the U.S. Energy Information Administration (EIA) publishes a huge report called Natural Gas Monthly. Last Friday, EIA issued the latest (September 2022) edition of the report. There is a LOT of information in the report--statistics, data, charts, you name it. And the report covers not just the U.S., but natural gas flows for
According to a column by a Reuters analyst, U.S. natural gas production will need to increase significantly to continue growing LNG exports while ensuring natgas remains affordable for domestic electric power producers, households, and industrial users. This is the first article (we've seen) that puts numbers to the claim that LNG exports are beginning to
Last month OPEC’s oil production fell short by 3.58 million barrels per day (bpd), which is 3.5% of global oil demand. The U.S. continues to sell oil out of the Strategic Petroleum Reserve, nearing the end of what can be sold off. And Russia’s oil exports could fall by some 2.4 million bpd after the
In a clear sign the Democrat Party is desperate with a national election (national referendum on Biden) just 44 days away, our beneficent Dictator in Chief, Joe Biden, has demanded that companies running gas stations, "Bring down the prices you’re charging at the pump to reflect the cost you pay for the product. Do it