Storm Cat

CFTC Belatedly Discovers the Speculative Oil Bubble

On Aug 01 11:24 AM jerrydd wrote:

"Personally I think futures should only be sold to those needing to
hedge oil, corn, etc"

And the buyers would be who exactly? If you bar the speculators you'll have an issue here. You can't match end-users and producers without timing & volume issues

CFTC Belatedly Discovers the Speculative Oil Bubble

".... there was no physical shortage of supply (the saudi oil minister said so) .....

That is perhaps the funniest post I've ever read on this site. "The Saidi minister said so: ... LOL , If you believe that you are a complete moron.

Is Natural Gas About to Break Higher?

" Our experience suggests that commodity equities lead the behaviour of commodities"

Come on. Can this website get an experienced commodity trader to write about Oil & Gas for once. This premise borders on the ridiculous. Equity traders that watched oil collapse to $35 from $145 simply started accumulating oil & oil related stocks figuring the bottom must be near. Most traders buy/sell based on expectations. The risk/reward of getting long oil related equities when oil is trading $35 doesn't require a PhD from MIT.

Natural Gas: Worth Another Look

> When mentioning Iran... it was a small possibility that would cause
> the dollar to fall, thus increase the prices of commodities.

Again flawed logic. A falling dollar boosts oil prices because it increases the purchasing power of those whose base currency is something other than the greenback (think China, India, etc). For example, as the dollar falls, 1 Chinese yuan buys more oil than before. Demand rises.

NG is a domestic market predominantly traded by those of us whose home currency is the USD. Very little FX impact

Natural Gas: Worth Another Look

Jun 30 12:45 PM Herman Hemati wrote:

> I am just pointing out the fact that there is a link between political
> tensions and energy prices....
>
> More than likely, a rise in prices at one location will cause prices
> to rise at others; i.e. Henry Hub.


Amazing! This is but one of several articles I have read by authors on this site that lead me to believe they know little, if anything, about the energy markets. You can try to cover your tracks by claiming you are pointing out the link between political tensions and energy prices but it is a poor defense. EVERYONE understands that already. It's like stating "the ocean is deep". Yeah, no kidding.

Moreover, political unrest in Iran has ZERO impact on US Nat Gas prices. My bet is you have very little experience in the natural gas market. I'm just annoyed that I'll never recover the 30 seconds I wasted reading this article!