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Energy Brief 214

Happy New Year, my good friends! As I reflect upon this past year, I am so thankful for all we accomplished and am excited to see what 2018 brings us.  Party Safe on New Year’s Eve and I for one, will stay at home, eat a couple tamales and stay away from the icy roads and party goers on “Amateur Night”. (Watch for an exciting announcement today!!!)   Good Friday Morning my friends, with a short week this week and…

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Energy Brief 213

Good Wednesday Morning. It’s beginning to look like most of the country will be in the deep freeze for the next couple of weeks; Yikes. The DFW forecast for Saturday through Wednesday of next week 72 hours straight of below freezing temps here and that’s a long freezing snap. This will keep demand for Nat Gas and electric power peaking for a while. Yesterday’s API Report showed a much bigger than expected draw in the crude oil inventory of 6…

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Energy Brief 212

Good Wednesday Morning my friends. Its cold here in Dallas, but the markets are just getting warmed up. Well, yesterday we did it. We hit $60 in the spot WTI and closed above in several months. We’ve been watching this for a while and as we anticipate a close above $60 we are going to establish another channel that bridges the upper $50’s and lower $60’s for the next several months, so says the tea leaves. The Libyan pipeline shut…

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