RJS Focus on Fracking Summary: Oil price sees highest weekly close in 13 years; natural gas price hit new 13 year high before falling back Oil prices rose for a seventh consecutive week as record high fuel prices showed no signs of dampening demand. After rising 3.3% to $118.87 a barrel last week as China ended their lockdowns and the EU banned 90% of Russian oil imports, the contract price for US light sweet crude for July delivery jumped to...
Read More »Nat Gas Up, SPR, Oil, Distillates, Product supply Low
RJS, Focus on Fracking __________ Summary: Natural gas price hits 164 month high after doubling in 2 months; SPR at a 1058 week low, total US oil supplies at a 746 week low; distillates supplies at a 729 week low, total oil + products inventories at a 711 week low, gasoline imports at a 8 month high; natural gas rigs at a 31 month high.. ___________ Natural gas prices hit 164 month high after doubling in 2 months Oil prices rose for...
Read More »US natural gas prices hit 13 year high
April 10 2022 Natural Gas PricesRJS, Focus on Fracking, Summary; US natural gas prices hit 13 year high on falling production, falling inventories Oil prices ended the week lower for the fourth time out of the last five weeks, as the IEA countries joined the US in an unprecedented release of emergency oil reserves . . . after falling 12.8% to $99.27 a barrel last week after China locked down their largest city and Biden announced an...
Read More »Anopinion on Liquified Natural Gas
This might be a very long confused post or might be a series of confused posts. I am trying to think about what to do about Putin (assuming he isn’t overthrown in a palace coup). My first thought was that this is not time for increased military spending . The Russian military turns out to be much less capable than we thought. There is no reason to guess that the Chinese, North Korean, Iranian, or other potential trouble maker militaries are...
Read More »Oil Prices 7-year High, Natural Gas 14-Year High, Natural Gas Supply Sees Largest Draw
Oil prices hit 7 year high, natural gas hits 14 year high on largest one day price jump on record; natural gas supplies see largest draw this winter, Focus on Fracking, RJS Oil prices rose for a sixth straight week and eclipsed the 7 year high hit last week on heightened tension over Ukraine, tight supplies, and perceptions of rising demand…after rising 2.2% to $85.14 a barrel last week on supply disruptions in the Middle East and on rising...
Read More »Oil Price highest since 2014; natural gas price falls from 12 year high – largest inventory build in 16 months
and gasoline exports at a 26 month low . . . Blogger and Commenter R.J.S., Focus on Fracking: “Oil price is highest since 2014; natural gas price fell from 12 year high after largest inventory increase in 16 months” Oil prices finished higher for the 7th straight week after OPEC decided to only add the minimum to global supplies in the coming months . . . after rising 2.6% to $75.88 a barrel last week as rising global demand amid tight...
Read More »US natural gas hits highest price since 2008, closes at 7 1/2 year weekly high;
US natural gas hits highest price since 2008, closes at 7 1/2 year weekly high; European and Asian prices 5 times higher, Commenter RJS, Focus on Fracking Oil prices rose for a sixth consecutive week as rising global demand amid tight supplies more than offset higher US inventories . . . after rising 3.0% to $73.98 a barrel last week as U.S. crude inventories fell to a 35month low and as global oil supplies tightened, the contract price for US...
Read More »Rising Oil and Natural Gas prices at 32 month and at 29 month highs
RJS at Marketwatch 666 reviews oil and natural gas pricing, June 28, 2021 Oil Pricing Oil prices set a new 32 month high for a fifth consecutive week, as negotiations to lift Iranian sanctions broke off and US crude supplies fell more than was expected for a fifth straight week. After rising 1% to $71.64 a barrel last week on rising demand and falling supplies, the contract price of US light sweet crude for July delivery opened lower on...
Read More »Power of Siberia Opens Chinese Gas Market— Alexei Grivach
In a December 2nd conference call, the leaders of Russia and China will officially launch a new era in relations between the two countries. The largest gas exporter and the fastest growing large market in the world will be connected by a pipeline system that will link the gas fields of Eastern Siberia with Shanghai; the pipeline network will extend more than 6,000 km.... Valdai AnalyticsPower of Siberia Opens Chinese Gas Market Alexei Grivach
Read More »Gordon M. Hahn — Russia, the West, and Recent Geoeconomics in Europe’s Gas Wars
Gordon M. Hahn explains why he concludes that Russia is poised to win the gas wars at this point, while the US is in a weak position.Russian and Eurasian PoliticsRussia, the West, and Recent Geoeconomics in Europe’s Gas WarsGordon M. Hahn, analyst and Advisory Board member at Geostrategic Forecasting Corporation, member of the Executive Advisory Board at the American Institute of Geostrategy, a contributing expert for Russia Direct, a senior researcher at the Center for Terrorism and...
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