Seeking Alpha

dwight k shrute

dwight k shrute
Send Message
View as an RSS Feed
View dwight k shrute's Comments BY TICKER:
Latest  |  Highest rated
  • Could The 'Shale Oil Miracle' Be Just A Pipe Dream? [View article]
    the place where there is validity to low oil prices from the current administration policies at the wellhead is that the Obama administration is not willing to make a decision on the Keystone (or other) pipelines. This forces rail shipments of crude oil which generates additional costs (and lower wellhead prices) and additional rail congestion (and profits to BNSF).
    Oct 16 11:16 AM | 1 Like Like |Link to Comment
  • The Ethanol Industry: An In-Depth Primer [View article]
    Nice article.
    On the E85 comment above, note that "E85" is actually E70 during winter months in the US to allow for cold weather driving and starting.
    Other comments are that at Valero, their share valuation is more on the refining side than the ethanol side, and I would say trade as another factor to consider (bad Brazil sugar crop equals less imports to US and better US export potential).
    Sep 4 06:08 PM | Likes Like |Link to Comment
  • An End To Our Relationship With Yahoo, A New Era For Equity Research [View article]
    you can set up email alerts and/or industry feeds based on a portfolio (as you can at Yahoo) or industries.
    I do get a lot more detail from Seeking Alpha than Yahoo articles (they are a consolidator of Reuters and others and their original reporting is quite good in some areas - sports - but not as strong in business)
    Just my opinion
    Jul 31 01:58 PM | 23 Likes Like |Link to Comment
  • Air Products shares hit all-time high with CEO appointment [View news story]
    Seifi will be VERY good for Air Products. He will focus their efforts.
    Jun 18 06:37 PM | Likes Like |Link to Comment
  • The rise of GMO corn has cost grain companies $427M, report says [View news story]
    if you have ever been in China and seen the water/air (or food), the ultimate in irony is that they are rejecting food for perceived safety concerns
    Apr 11 06:01 PM | 5 Likes Like |Link to Comment
  • U.S. Crude Oil, Shale Oil Supply Alters Oil Markets And Opportunity [View article]
    the military has a different need than pure economics so if they can improve logistics by generating their own jet fuel in situ so to speak, they can extend range and avoid having to refuel by using nuclear powerered reactors.
    that said, this is a net negative energy balance which I'm sure every "forward thinking" developer will try to commercialize :)
    Apr 9 11:30 AM | 1 Like Like |Link to Comment
  • The Idiot's Guide To High Frequency Trading [View article]
    NO MORE REGULATIONS. The next to last thing we need is another Dodd Frank. The last is another Kardashian TV show IMO.
    My personal opinion is that this "problem" will go away eventually like S&P futures arbitrage. The technology improvements plus competition will change this so that there are no longer any economic profits available.
    Apr 9 09:57 AM | Likes Like |Link to Comment
  • U.S. Crude Oil, Shale Oil Supply Alters Oil Markets And Opportunity [View article]
    there are a number of projects underway to increase refiner's capability to handle the lighter shale crude oil
    Interesting that the "conventional wisdom" was to increase the capability to handle heavy, higher sulfur crude oils. Now some of the refineries that were optimized for the heavy crude are switching to the Bakken or Eagleford. They feel confident that the shale oil will be around for a while.
    Apr 8 02:43 PM | Likes Like |Link to Comment
  • Ethanol Economics Gone Wild, But Can The Party Continue? [View article]
    I think its not just at the retail pump.
    Until all car manufacturers approve E15 in their cars, the acceptance rate will be very low. My car warranty is clear to 10% and any problems with 15% (whether or not caused by the fuel) are on me.
    Please don't tell it won't be a problem unless you will cover any out of pocket costs I could incur.
    If the ethanol industry attacked the problem in a constructive manner, they could have had proper policy in place (say all cars had to be FFV), so a car owner can make an intelligent choice at the pump
    Also note the obligated parties will have to put in capital (tanks and pumps) to provide this product
    Apr 7 05:54 PM | Likes Like |Link to Comment
  • The Idiot's Guide To High Frequency Trading [View article]
    Sorry kunst, but the house DOES take a percent of the take at Las Vegas. Either the odds are in their favor (and any electronic games are guaranteed to favor the house) or the house pays you 90 cents on the dollar bet for sports bets.
    Apart from that, your suggestion is in line with what could address the issue it could be just one of the above - a delay in execution.
    That said, I think fees on 401k's and mutual funds are a bigger drain on our returns than the HFT
    Apr 7 05:40 PM | Likes Like |Link to Comment
  • The Idiot's Guide To High Frequency Trading [View article]
    if you go back in time, there was futures arbitrage on indices vs the underlying stock that created what seemed to be random stock moves (anyone remember the "triple witching hour") that were out of the underlying value of the stock. This was driven by the difference between the value of the stocks in an index vs the index value
    Eventually, this arbitrage was reduced to low / zero as enough people were able to capitalize on it and no economic profits are possible.
    While I object to the philosophy of someone jumping the queue in front orders and making a guaranteed profit, eventually competition will reduce the arbitrage profit to the point that this will be a minor issue in the future. The last thing we need is another Dodd Frank rule which will create another 15 layers of compliance and zero benefits.
    I just wish that we channeled the energy and resources used in creating financial products (e.g., CDO derivatives) into products that better society.
    Apr 4 10:37 AM | 2 Likes Like |Link to Comment
  • Pacific Ethanol prices 1.75M-share offering at $16, shares -4% [View news story]
    If you have followed this company (I do for the industry), you will see the focus of management vis a vis their shareholders.
    Apr 4 09:42 AM | Likes Like |Link to Comment
  • Pacific Ethanol prices 1.75M-share offering at $16, shares -4% [View news story]
    best sign of a market top in this space.
    Apr 3 09:50 AM | Likes Like |Link to Comment
  • Ethanol Economics Gone Wild, But Can The Party Continue? [View article]
    You must be very smart - we agree.
    There certainly is a natural market for ethanol in the US
    What I find quite interesting is that the relationship between ethanol and gasoline producers in Europe is much more cooperative and is antagonistic in the US.
    Mar 26 09:48 AM | Likes Like |Link to Comment
  • Ethanol Economics Gone Wild, But Can The Party Continue? [View article]
    octane is certainly an important premium to value of ethanol in gasoline. that said, you have to look at a refiner's operations and how they would otherwise supply the conforming product to the marketplace rather than RBOB. forcing a solution (mandated RFS) will most likely result in a less optimal solution (from the refiners perspective) than a free market approach as significant quantities of C4's and C5's need to be diverted to other uses.
    There are capital and operating solutions that refiners could use to octane increase (e.g., increasing reformer severity or building a new gasoline refo0rmer/CCR) if there was not a RFS.
    All that said, what's optimal to a refiner is not optimal to an ethanol producer nor is optimal to a consumer nor to the nation.
    Mar 25 11:31 AM | Likes Like |Link to Comment
COMMENTS STATS
73 Comments
53 Likes