by Gary S. Morrow | Apr 1, 2022 | Chart of the Day
Helluva run for energy off the Pandemic lows. We have been overweight the sector since late 2020. Hat tip Otavio Costa/@TaviCosta
by Gary S. Morrow | Jan 11, 2022 | Charts
Its been a huge month for $COP. December gain so far is 15%. This powerful move has driven shares past the 2021 and 2018 highs. A retest of the stock’s all time high, set back in 2014, is well within reach. $COP is heading for its best weekly close since...
by Gary S. Morrow | Nov 17, 2021 | Commentary
Think again…The US gets 18x more energy from hydrocarbons as it does from wind and solar combined. Hydrocarbons will dominate for decades to come. More here: The myriad claims being made by climate activists, politicians, and elite academics that we can run our...
by Gary S. Morrow | Nov 17, 2021 | Charts
Brent crude oil spot prices averaged $84 per barrel (b) in October, up $9/b from September and up $43/b from October 2020. Crude oil prices have risen over the past year as result of steady draws on global oil inventories, which averaged 1.9 million barrels per day...
by Gary S. Morrow | Oct 20, 2021 | Chart of the Day
Hat tip Tracy (𝕮𝖍𝖎)/@chigrl
