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Archive for the Natural Gas Category

Crude Oil Ends Lower -

 Crude oil reversed an upward trend in the final hours of trading on Thursday.  Crude oil had topped the $100 mark but ended up lower on the day finishing down almost $2 dollars.  News relating to a Saudi Arabian aid package helped to ease concerns for the region.  In addition, the energy inventory report indicated another weekly increase in supplies.  The oil market remains well-supplied with over 4 million barrels a day of OPEC spare capacity.

To read a related MarketWatch article, please click here:

http://www.marketwatch.com/story/crude-oil-ends-down-after-last-minute-reversal-2011-02-24?dist=afterbell

Jim Sutliff

Oil And Gasoline Supplies Rise -

Oil and Gasoline supplies rose last week and that sent prices lower in trading.  Oil prices are under pressure from rising inventories and increased output from OPEC.  Supplies of oil rose 1.9 million barrels last week to 345.1 million barrels.  Gasoline supplies rose 4.7 million barrels to 240.9 million barrels.

To read a related Yahoo! article, please click here:

http://finance.yahoo.com/news/Oil-prices-fall-as-supplies-apf-2431049096.html?x=0

Jim Sutliff

CFTC Proposes Trading Regulations -

The Commodity Futures Trading Commission has proposed new position limits to curb speculation.  The goal is to help prevent spikes in fuel and agricultural commodities.  If approved the plan would cover 28 different commodities.  The proposal is expected to face opposition from market participants as well as some commissioners.  The trading limits may not solve price volatility concerns and could have the effect of lowering liquidity. 

To read a related Financial Times article, please click here:

http://www.ft.com/cms/s/0/d13ced4e-1f46-11e0-8c1c-00144feab49a.html?ftcamp=rss#axzz1AxgQwnHR

Jim Sutliff

Natural Gas Bounces Back -

Natural gas bounced back a little and settled up 8.2 cents for the trading day.  Natural gas is near a 13 month low and that helped to spark interest that it may be oversold.  Weather forecasts for cooler temps in late October also fueled speculation that natural gas could climb in the next few weeks.  Large supplies and easy production increases will work against natural gas prices in the near term.

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/BT-CO-20101019-714565.html

James Sutliff

Market Data -

The next two weeks of economic data could lead to significant movement in the markets.  The GDP consensus will be released on Thursday and personal income statistics and manufacturing numbers will be released on Friday.  The Dow Jones started the week off with an almost 50 point drop.

To visit the Wall Street Journal Market Data, please click here:

http://online.wsj.com/mdc/public/page/2_3063-economicCalendar.html?mod=mdc_h_cmgrel

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/SB10001424052748704654004575517503898068436.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

Jim Sutliff

Oil Rises In Asia -

Oil rose to almost $75 dollars a barrel in trading in Asia.  The move was sparked by a report showing a drop in crude oil inventories.  Inventories fell 7.3 million barrels last week which was much larger than the 730,000 barrel drop that analysts had predicted.  The market is still well supplied with oil and the rise in oil prices could be short lived. 

To read a related Bloomberg article, please click here:

http://www.forbes.com/feeds/ap/2010/09/09/business-broadcasting-amp-entertainment-oil-prices_7913456.html?boxes=Homepagetopnews

James Sutliff

Master Limited Partnerships -

Bloomberg has an article on Master limited Partnerships and how they are gaining attention from investors.  MLPs are an investment topic that is rarely covered in the mainstream media.  Many of the securites are related to energy and natural resources.

To read the Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-08-05/limited-partnerships-let-wealthy-play-energy-tycoons-in-quest-for-income.html

Jim Sutliff

Bloomberg New Energy Finance -

Bloomberg New Energy Finance is a central hub for news, data, and research on the new energy market.  Biofuels, power storage, solar and wind, are just some of the energy sectors covered on the website.  The industry intelligence link provides a wealth of information for investors and analysts.

To visit Bloomberg New Energy Finance, please click here:

http://bnef.com/

Jim Sutliff

Forbes Markets Brief -

To get a quick overview of the markets take a look at the Markets Brief on Forbes.  It provides news and insights on domestic and global markets.  The report also provides valuable information on earnings reports and views from analysts regarding economic events.

To visit the Forbes Markets Brief, please click here:

http://www.forbes.com/markets/marketsbrief/

Jim Sutliff

Jim Rogers: Sell Bonds & Buy Metals -

Jim Rogers is saying to sell bonds and to buy precious metals.  Rogers predicted the commodities rally back in 1999 and is a frequent commentator on investment programs.  His advice includes buying rice or silver and he also thinks the gold will hit $2,ooo an ounce.  The gold price prediction did no tmention a date for hitting the $2,000 mark.  Rogers considers commodities to be the only refuge.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-07-07/sell-bonds-buy-precious-metals-rice-on-supply-shortages-jim-rogers-says.html

Jim Sutliff

Economic Concerns -

The market continued to decline on Thursday on concerns of an economic slowdown.  Stocks, commodities, and the Dollar all retreated on economic data.  A poor economic picture was painted by numbers from manufacturing, home sales, and jobless claims.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-06-30/asian-stocks-won-drop-on-concern-recovery-is-faltering-bond-risk-climbs.html

Jim Sutliff

Deepwater Drilling Ban -

The six month ban on deepwater drilling is coming under fire by oil companies.  Oil executives are quick to point out that a ban could be a step back for energy security.  Prices are also likely to increase if a ban is kept for an extended period of time.  Currently, the ban is being challenged in U.S. courts.

To read a related Associated Press article on Yahoo! News, please click here:

http://news.yahoo.com/s/ap/20100622/ap_on_bi_ge/eu_britain_gulf_oil_spill

Jim Sutliff

Stocks Rally -

Economic reports from China, Japan, and Australia showed accelerating growth and that helped to send stocks higher.  Stocks, commodities and the Euro all rallied at the same time as Treasuries declined and gold fell.  The S & P 500 index increased 3 % by the end of the day.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/apps/news?pid=20601010&sid=aYeNQDkGQp0Y

Jim Sutliff

LNG Cargoes Head To Europe -

Natural Gas prices have been in decline and that is having an effect on shipments of LNG.  Bloomberg reports that LNG tankers are heading to Europe as prices in America slump.  Every weekly inventory report seems to be showing a rise in supplies and that is likely to continue until the fall.  Economic conditions are also putting pressure on natural gas prices.

To read the Bloomberg article, please click here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aR1kAu5jfZo0&pos=7

Jim Sutliff

Natural Gas Plummets -

Natural Gas took a dive today with prices falling over 2o cents for the May, June, and July contracts.  Supplies grew higher than analysts expected and the rig counts also increased in number.  Unemployment numbers also increased which indicated to some traders that the economic recovery may not be as strong as expected.

To read a related article, please click here:

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/04/14/bloomberg1376-L0XG0107SXKX-1.DTL

Jim Sutliff