By: Chris Amstutz via GIPHY The NYMEX natural gas market was not exempt from the craziness of this year. Compared to 2019 price volatility was up 50%, and we recorded the lowest price since 1991 ($1.482 on 6/25). Of the 236 days traded so far this year, 134 of those days traded below the $2.00 […]
By: Chris Amstutz Never have we had Presidential candidates with such diametrically opposed energy policies. We have spoken in previous blogs about the intertwined climate/energy policy debate, and now we have been led up to the fork in the proverbial yellow brick road. Will we get behind the Tinman, Joe Biden, and grease the gears […]
via GIPHY The only thing that could make 2020 more unbelievable would be massive alien saucers hovering over major US cities. COVID-19 continues to linger, election rhetoric is heating up, and NYMEX Natural Gas just broke the record for its LOWEST MONTHLY PRICE SETTLEMENT IN 25 YEARS. With the July contract settling at $1.495/MMBtu, preconceived […]
By: Chris Amstutz Businesses across the country are taking notice of the rapidly changing power generation mix. Is it simply due to the sight of wind and solar farms popping up along the highway? No, rather it is due to something more vital: their bottom line. From California, to Texas, to the Northeast, the impacts […]
By: Chris Amstutz The holidays are a time for being thankful for family, friends, and the recent slump in oil prices. Obviously lower oil prices mean Americans save more on gasoline, but oil prices affect many aspects of the energy and financial world. The recent happenings in the oil market have been a game of […]
By: Chris Amstutz The fall season inherently breeds uncertainty. Questions like, will the weather be 80 degrees and sunny, or 50 and rainy? Should I pay money to have someone scare me, or just sit at home and let the evening news do it? Or the most important, troubling question of them all, will natural […]
By: Chris Amstutz The recent pricing spikes in California serve as an interesting case study in the energy community. A series of events have aligned in California to give the CAISO grid and SoCal gas system their biggest test in the last ten plus years. It certainly feels like Murphy’s law is at work in […]
By: Chris Amstutz We have saved the broadest, yet most impactful, oil market discussion for part III of this blog series. The latest round of geopolitical news has made the oil market crystal ball less murky. The interactions between the countries of OPEC, Russia, China and the United States are tense, and oil prices are […]
By: Chris Amstutz Certainly by now our consistent blog readers are picking up on the theme of relating random pop-culture topics to energy markets, and maybe to your delightful chagrin, this blog will be no different. Today we will continue discussing our latest series on oil market volatility and how Permian production growth fits in […]
By: Chris Amstutz Many analysts in the energy industry try to make a living by attempting to forecast the next big macro shift in oil prices. The truth of the matter is that nobody can fully anticipate movements in oil prices, not in this geopolitical environment, not with Trump as our President. Just when an […]