ClipperBlog

Click to Enlarge

I was on TD Ameritrade this morning, chatting with Ben Lichtenstein about Mexican gasoline imports and the current gasoline shortage there (something we discussed in my latest showing on NPR's Texas Standard on Monday - listen here).

Click to Enlarge

With the U.S. gasoline market in a state of plentiful supply, the front month Rbob gasoline crack spread (the gauge for the profitability of refining gasoline) has dropped below $10/bbl (vs WTI) for the first time since early 2017. 

Click to Enlarge

I was in Chicago yesterday giving a keynote speech at a conference, so I grabbed the opportunity to swing by the TD Ameritrade Network and meet Ben Lichtenstein in person. 

We did a segment covering all manner of things (as per usual) - including China, the US dollar, inventories, OPEC and gasoline. 

Click to Enlarge

I've been on the road - on walkabout as the Australians would say - for the last four weeks, doing a number of speaking engagements and trips across America. As we all know, all paths lead back to energy,  hence, on my travels I have seen a bunch of energy infrastructure that I normally just study on a screen. Hark, here are some of those places, and some corresponding insights via our...

Click to Enlarge

It is now a little over a month after Hurricane Harvey made landfall on the US Gulf Coast. While some refineries are still in the process of ramping up activities, refining utilization is clambering back higher towards historical norms. This improvement is being reflected through in higher crude and product flows, with product export activity looking particularly elasticated, snapping back...

Click to Enlarge

Nearly twenty days (or over 450 hours) after Hurricane Harvey made landfall betwixt between Port Aransas and Port O'Connor in Texas, there are a number of signs emerging in our ClipperData that the refinery hub of the U.S. is returning to some semblance of normalcy. Hark, here are but three such examples: 

Click to Enlarge

Amid a better-than-expected U.S. GDP print and a slightly softer dollar, oil prices are on the rise today. Gasoline, however, is on the move lower - and something we hone in on for today's blog. Hark, here are five things to consider in oil (and gasoline!) markets today:

Click to Enlarge

Oil is rallying for a second consecutive day, despite a bearish-tilted EIA report. As more weight is placed on behind-the-scenes OPEC meetings, financial positioning is shifting bullish once more. Hark, here are six things to consider in oil markets today.