http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-10.htmlEvery day we sweat the gas price out on the streets of a runaway American dream, at night we ride through at the mercy and glory of these refining machines. Prices are rising out on highway 9, chrome wheeled, fuel injected, and prices continue to climb. Oh, baby this gas rips the bones from your back. It's a death trap, it's a suicide rap. We gotta get out while we're young. `Cause tramps like us, refineries were born to run. 1-2-3-4! The highway's jammed with broke drivers on a last chanceFri, 10 Feb 2012 04:48:45 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-10.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-09.htmlThe Energy Information Agency came out with their latest Short Term Energy Outlook and I was glad to see that they are using the futures markets to improve their market forecasts. While the EIA has done a phenomenal job in the past providing the industry and traders with valuable information, it seemed that their price projections were always a bit behind the curve. More often than not, especially during the days of the strong bull petroleum market, it seemed that the Energy Information AgencyThu, 09 Feb 2012 04:44:45 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-09.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-08.htmlThe Brent crude versus WTI spread has blown out to the highest levels since last October surging over $20 on a combination of gluts, cuts and nuts. As US refiners go into hibernation against a backdrop of weak demand, supplies in the US continue to rise. Refiners are cutting runs dramatically at a time when we are seeing rising Canadian oil sand production as well as shale liquids that is creating a glut of crude that seems to be getting more glutinous by the minute! Weak refining margins andWed, 08 Feb 2012 04:54:35 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-08.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-07.htmlI guess it will be a cold day in Europe or perhaps another location before a final Greek debt deal can get done. While Europe gets hit with a cold front that is bringing snow and cold and is driving up European natural gas prices to record highs, bond holders of Euro debt seem to be getting a cold shoulder. Oil prices across the global are falling but Brent crude seems to be supported a bit by cold weather and strong Asian demand. Still, despite the deep chills, oil prices are heavy on theTue, 07 Feb 2012 04:35:49 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-07.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-06.htmlThe oil market is getting less rattled by the headlines surrounding Iran. Iranian threats to shut down the Straits of Hormuz or cut off supply to Europe in a preemptive strike, have been like the old story of "the Little Boy Who Cried Wolf". So is it any wonder that the market is ignoring some of the provocative headlines coming from Iran. It seems that the oil market has been getting prepared for this show down for months and we have the oil supplies to prove it. Even the story that DefenseMon, 06 Feb 2012 04:47:01 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-06.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-03.htmlStupid is as stupid does and after Exxon Mobil, the world’s largest publicly traded oil company, reported net income of $9.4 billion for the quarter, up from $9.25 billion the year before and revenue of $121.6 billion, up 16 percent from the year before, T. Boone Pickens seemed to suggest that they were stupid. You see Mr. Pickens, according to the AP, after his company, Clean Energy Fuels, announced a deal with truck maker Navistar to make more vehicles that run on the abundant fuel and buildFri, 03 Feb 2012 04:44:20 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-03.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-02.htmlOk I just am not buying it. All of the hyperbole and enthusiasm that we are seeing in oil. Oh sure I will buy the breaks in oil for short term plays but it appears that the next big move on oil may be down. Oil failed to establish a breakout which means we are in a choppy downward correction. Which is amazing considering the Fed promise to keep interest rates low for an eternity and some stronger than expected Official Chinese manufacturing Purchasing Managers Index which in January rose toThu, 02 Feb 2012 04:43:59 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-01.htmlA gas price horror story is evident at pumps across America as the price, according to the Energy Information Agency, hit the highest level since Halloween. The EIA reports the national average retail price of regular gasoline increased 5 cents a gallon last week, bringing the national average to a whopping $3.439 a gallon. The last time prices went this high demand fell to an 11 year low. Oil prices that are stubbornly staying around $100 a barrel, along with planned and unplanned maintenanceWed, 01 Feb 2012 04:56:47 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-02-01.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-31.htmlIs there any light at the end of this tunnel? Instead of a decisive plan to bailout Greece, questions still linger while we try to decide whether this European crisis will end nicely. It just goes on and on. Iran also does not seen to be as scary on Monday. Weapon inspections are raising hopes that there may be a resolution to this crisis. It seems that according to the AP, "Iran's official news agency reports that the country's foreign minister has said that inspectors from the U.N.'s nuclearTue, 31 Jan 2012 04:44:04 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-31.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-30.htmlAfter President Obama's State of the Union speech, I questioned whether the President was trying to take credit for the amazing advances in technologies that has been made in energy production over the last decade. In an article I titled, "Giving Credit Where Credit Is Due", I asked why the Obama tried to take credit for the work of others when he said, "it was public research dollars, over the course of thirty years, that helped develop the technologies to extract all this natural gas out ofMon, 30 Jan 2012 04:41:24 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-30.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-27.htmlGet ready for a preemptive strike from Iran. No not in the Straits of Hormuz but a strike in a different sense of the word. Iran is looking to possibly cut off oil supply to Europe before Europe can prepare to make up for the lost oil. It going to be a long weekend as the Iranian parliament on Sunday is going to debate a plan to stop oil exports to counties that dare to even consider to not buy there oil. Are you nostalgic? Remember those good old days when Inflation was all the rage? Do youFri, 27 Jan 2012 05:16:48 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-27.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-26.htmlI have to Obama credit for making the shale gas and oil revolution part of his State of the Union Address. Yet at the same time, I fail to understand why he wants to take credit for it as opposed to giving the credit where it is deserved and that is with the US energy industry. Indeed, the President was right when he said, "Nowhere is the promise of innovation greater than in American made energy. Over the last three years, we’ve opened millions of new acres for oil and gas exploration, andThu, 26 Jan 2012 04:53:15 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-26.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-25.htmlWhat do you mean the Straits of Hormuz are open? How could this be?! Did Iran not promise to shut down the Straits of Hormuz if Europe dared to impose sanctions on this rouge state? Well yesterday after agreeing to help Greece make up financially for the replacement of that cheap Iranian oil, the EU actually got the gumption to agree on an Iranian oil embargo. Now we are just waiting for Iran to follow through on their bold prediction that shutting down the straits of Hormuz would be as easyWed, 25 Jan 2012 04:46:37 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-25.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-24.htmlWheeling and dealing dominate the energy market as it desperately seeks direction. Will there be a deal on Greece? Or will Europe actually cut a deal to follow through on a deal to embargo Iran's precious oil. And if they do, will it be tough enough? The AP reports that, "the European Union formally adopted an oil embargo Monday against Iran and a freeze of the assets of the country's central bank as part of sanctions meant to pressure the country to resume talks on its nuclear program.Tue, 24 Jan 2012 04:46:00 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-24.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-23.htmlIt looks like oil traders are ready for the weekend after a period of high anxiety and conflicting data it now appears the market is trying to calm down a bit. Oil did seem to react to the PMI report that showed China's manufacturing activity contracted for the third straight month in January. Of course for oil that is a doubled edged sword. While weaker manufacturing in the short run may reduce demand expectations, in the big picture it is bullish because it basically ensures us that theMon, 23 Jan 2012 04:30:42 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-23.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-20.htmlPerhaps the most disturbing slap in the face to the oil industry by the most anti-energy US President in history was made with the statement by Obama in his denial of the application for the building of the Keystone Pipeline when he said, "Under my Administration, domestic oil and natural gas production is up, while imports of foreign oil are down." Yet anyone that follows the energy industry knows that this is not because of the President but in spite of him. The President claims that heFri, 20 Jan 2012 04:47:42 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-20.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-19.htmlThe Natural Gas Frac attack continues to rewrite energy history. Natural gas prices continue to plummet as global warming continues to favor us and the techniques in the energy industry continues to drive down natural gas prices. The winter strip for natural gas prices are at a 10 year low while supplies hover at an all time high for this time of year. In fact the front month natural gas contract is within shooting distance of taking out the November, 2009 low of $2.409 low and if taken out,Thu, 19 Jan 2012 04:38:48 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-19.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-18.htmlThe global oil markets are still focused on whether or not the Iranian regime intends to continue on the path to oblivion as they continue to provoke the globe with their irrational behavior. Add to that the threats they are making to Saudi Arabia and we're seeing the oil market heat up just as China's perfect GDP number heats up. China's GDP hit its slowest pace in two years but it was not as not as bad as feared, giving oil bulls the best of both worlds. Not only will demand be better thanWed, 18 Jan 2012 04:49:17 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-18.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-16.htmlTo embargo or not to embargo, that is indeed the question. While the market got a boost on reports that European refiners were meeting with Saudi Arabia and other oil producers and securing an alternative to Iranian oil supply, apparently some in the EU did not like the answers that they heard. An overbought oil market seemingly got a reason to sell-off on a Bloomberg report that the European Union embargo on imports of Iranian oil will likely be delayed for six months to allow countries suchMon, 16 Jan 2012 07:56:38 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-16.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-13.htmlForget all that talk of weak demand, the dynamics of the oil market are a bit more complex. The world is coming to grips with the fact that most of the world will not be buying Iranian oil and how they react may be the determining factor in the availability of high quality light sweet crude. Also, the Energy Information Agency oil inventory report may have given oil bears a false sense of security. With Nigerian labor unions threatening to shut down production, light sweet could be in tightFri, 13 Jan 2012 04:39:30 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-13.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-12.htmlWhat Is The Most Dangerous Job in Iran? Well these days it is probably being a nuclear scientist. Once again an Iranian Nuclear scientist was blown to smithereens. Now despite what you might think this had nothing to do a nuclear experiment gone bad, no it really has a lot to do with a bomb mysteriously placed below a Peugeot 405. It seems that nuclear scientists in Iran have some pretty cool cars. Reports that a nuclear scientist that worked at the Natanz uranium enrichment facility inThu, 12 Jan 2012 05:15:39 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-12.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-11.htmlIran admit they are enriching uranium at its underground nuclear enrichment Fordow site and imposes Death Sentence on U.S. man they accuse of spying and oil closes...Flat? Oil prices yesterday failed to make significant gains despite some disturbing revelations coming out of Iran perhaps because the markets were less than impressed with the meeting between German Chancellor Angela Merkel and French President Nicholas Sarkozy. While Iran has played a major role in keeping oil prices elevated itWed, 11 Jan 2012 04:57:11 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-11.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-10.htmlWell maybe they can and then again maybe not. Can Iran shut down the Strait of Hormuz? Over the weekend some comments from General Martin Dempsey, the chairman of the Joint Chiefs of Staff, said Iran has invested in some capability to close the waterway but at the same time, the US has invested in some capabilities as well. In others words "Go ahead, make my Day". U.S. Defense Secretary Leon Panetta said the U.S. would take action to re-open the strait if Iran made good on its threats to blockTue, 10 Jan 2012 04:58:00 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-10.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-09.htmlOh sure I can talk about Iran and The possibility of cracks showing in the EU oil embargo but let's face it today at least for awhile it jobs baby jobs! The oil market has been driven to and fro with a lot of bullish and bearish forces at play but the strength of the US jobs market will be the determining g factor as to wither we go higher or lower today. Oil was able to shake off a bearish Department of Energy Inventory report in part because there are worries about the resolve of Europe toMon, 09 Jan 2012 05:00:03 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-09.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-06.htmlThey of course call it the widow maker or the unimaginative perhaps the heating oil gasoline spread. The Spread has been soaring as the heating oil market is reflecting all of the news that can pact supply by the preponderance of news that has driven oil. The news is getting more bullish for heating oil, diesel and fuel oil and more bearish for oil. Whether you are talking about the agreement in principle by the European Union to impose an oil embargo on Iran or the closure of Petro PlusFri, 06 Jan 2012 04:49:49 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-06.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-05.htmlFor OPEC life should be good! Oil prices are trading over $100 a barrel,their production is at a three year high and the money keeps rolling in. Life should be good, should it not be4? Well the truth is, OPEC is going through a lot of sleepless nights and it doesn't really have anything to do with Iran but it has a lot to do with the unconventional oil and gas production. You see OPEC's desire to produce as much oil as they can has little to do with Iran or even high oil prices. In fact it mayThu, 05 Jan 2012 04:49:17 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-05.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-04.htmlWe saw a lot of fireworks this New Year's eve but perhaps the most spectacular were the missiles fired from Iran. Yes Dubai, they even topped you. As the Untied States moved forward on more sanctions, the Iranians threw a New Year hissy fit celebration. Yet to attribute the entire spike in the petroleum complex to Iran means that you have not been paying attention. Commodities are on a tear as investors seek yield and shelter from the geo-political storms. We have had stronger than expectedWed, 04 Jan 2012 04:39:22 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-04.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-02.htmlShould all of Europe's debt be forgot and never brought to mind? Should all the high yields be forgot for days of Auld Lang Syne. Well it seems late in the session Europe and their problems were forgotten as many commodities staged a late day reversal. Is it possible that we hit the lows on gold, silver and platinum? We have seen those markets get hit hard on the deflationary aspects of the Europe debt crisis and the high yields that Italy has to pay on their debts. Is it possible that tradersMon, 02 Jan 2012 04:59:56 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2012-01-02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-30.htmlThe United States is the world's largest oil producer! Ok not yet, but we will be! In fact it may happen sooner than people think. What am I talking about? People probably do not know that the United States is the world's third largest producer behind Russia and those pesky Saudi Arabians. In fact according to Houston Chronicle, "North America appears headed for an oil renaissance, with crude production expected to hit an all-time high by 2016, given the current pace of drilling in the U.S.Fri, 30 Dec 2011 04:25:54 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-30.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-29.htmlOil prices rallied as Iran made threats and US oil supplies are likely near a three year low. What a way to get ready to end a year that has already seen incredible turmoil. Iran of course is in pursuit of a nuclear weapon and they really believe that no one would have the guts to try and stop them. Sad part is they are probably right until they made one tactical error. The Iranians are becoming more embolden to the worlds lack of conviction and took exception to the fact that the UK wouldThu, 29 Dec 2011 04:35:21 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-29.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-28.htmlThe Santa Clause rally has come to town and oil is basking in the glory of a yearend rally. Still as oil ends up the year it is obvious that risks are rising. War games in the Straits of Hormuz and Iran war ships trying to provoke US war Ships shows that Iran could be a major issue as we start the new year. Yet Iran may only be part of the problem. Noe the VP of Ian says if there are santions they will close the straights! The Christmas day bombing on a Roman Catholic church in Nigeria byWed, 28 Dec 2011 04:59:37 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-28.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-23.htmlT’was The Last Energy Report before Christmas when all through the pits, traders were wondering why crude supplies slipped! A 1O million barrel drawdown gave the traders a scare and with exports still rising, would we have some to share? The big oil drawdown was it something to dread? While visions of a bull market danced in my head. Was it time to buy heavy or was it a trap? Was this year-end tax shenanigans or would the market just gap? When across the pond there arose such a clatter, forgetFri, 23 Dec 2011 04:34:42 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-23.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-22.htmlFor Europe this was the Christmas that almost wasn’t. The refusal of ECB Chief Mario Draghi to agree to the concept of a Euro bond killed a commodity and stock rally and had traders worried that European lending would freeze up and Europe would be mired in a deepening recession. Yet Mario Draghi hopes his latest move will reinvigorate the European banks and will save the Eurozone just in time for Christmas. Yet despite early optimism the market may fear that the move may be too little tooThu, 22 Dec 2011 04:39:58 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-22.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-21.htmlThe Hopes and fears of oil traders are met in the Euro Zone tonight! There is nothing like a good Spanish bond auction and a strong German consumer confidence number to get our minds off Mario Draghi. German confidence unexpectedly gained and Spain sold 7.4 billion dollars in t-bills in a successful bond auction with a reasonable yield of 1.735% on the three-month T-bills, down from 5.11% at the previous sale on Nov. 22, and it paid an average yield of 2.435%, down from 5.227%. It is all aboutWed, 21 Dec 2011 04:42:36 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-21.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-20.htmlSaid the Fitch to the market to beware, I think that we may down grade, I think that we may downgrade, European countries everywhere. I think that we may down grade, I think that we may downgrade. The Euro fell to another low and it hurt the silver and gold, it just tanked both silver and gold. Kim Jong Ill is dead as a door nail. Who will lead North Korea? Who will Lead North Korea, his son Kim Jong Son who might be just a dumb and a madman just the same and should carry on his father’sTue, 20 Dec 2011 04:53:47 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-20.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-19.htmlOil traders need to get visited by the ghosts of Christmas oil trading past, present and future to get that holiday risk taking sprit. Remember those famous Christmas spikes on Iran rumors or when Russia cut off gas supplies to Europe? Yesterday oil traders acted like someone told them there was no Santa Claus the way they pulled in their bull horns and hid from risk. This is despite the fact that all of the economic data that was released such as weekly jobless claims, the Empire State andMon, 19 Dec 2011 04:44:46 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-19.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-16.htmlOil prices got smashed as the globe looks to global bond auctions to determine the survival of the eurozone and by default, perhaps the prospects for the global economy as a whole. The bond vigilantes own the globe and all the cards are in their hands. If they buy your debt perhaps we will survive and if they don’t, watch out! Record high yields on the Italian 5 year note auction and a record low yield on the 30 year US bond auction clearly showed the stresses the globe is feeling! Yet could aFri, 16 Dec 2011 04:52:18 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-16.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-15.htmlOPEC BABY, going on a little pumping spree, you see, been an awful good time. OPEC BABY, so hurry your decision tonight! OPEC Baby, give just a little oil clue, would you, I’ll wait up for you. OPEC Baby, so hurry your decision tonight! Think of the revenue Iran has missed, when Saudi Arabia felt they were dissed. Next year OPEC could live in bliss unless Venezuela decides to throw a hiss. OPEC baby, please just pump alot, it’s just that world tensions are hot. You could throw the economy onThu, 15 Dec 2011 04:47:33 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-15.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-14.htmlOPEC is a Pain, there is fighting inside, oil production levels will freeze, Oil is on our way, the Saudis pull the strings, brings oil for you and for me. It’s that Time of Year when OPEC meets for its December meeting and it looks as if it isn’t going any better than the last one. The Iranians are calling for a production cut and the Saudi’s that survived an assassination attempt of its US Ambassador by the Iranian’s don’t seem to want to go along. Gee I wonder why? The Iranian’s bluster isWed, 14 Dec 2011 04:39:23 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-14.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-13.htmlEurope might get downgraded for Christmas. The rating agencies seem mad! Europe might get downgraded for Christmas because Europe's big plan seems just a bit sad. Oil prices struggle in the aftermath of Europe’s summit and the “last chance” to save the euro left a lot to be desired in the minds of many traders. Many are calling it a missed opportunity while some hold onto hope that the zone has taken at least a step in the right direction. The plan to strictly enforce budgetary disciplineTue, 13 Dec 2011 04:43:33 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@pfgbest.com (PFGBEST)http://www.fxstreet.com/fundamental/analysis-reports/the-energy-report/2011-12-13.html