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Title : The Energy And Market Page, Part 2 -- December 12, 2017
link : The Energy And Market Page, Part 2 -- December 12, 2017

The Energy And Market Page, Part 2 -- December 12, 2017

I will come back to this later; going to pick up Sophia.

Richard Zeits: EIA bashers should check their own numbers. Summary --

• empirical data does not support multiple recent allegations that the EIA's reporting or forecasts are "wrong"
• the wave of frivolous accusations against the EIA in the blogosphere preys on the least protected category of investors
• a competent, independent, bias-free EIA must be safeguarded

Drawdown of US crude oil inventories: API data -- huge drawdown --

• forecast: a drawdown of 4 million bbls
• actual: a drawdown of 7.382 million bbls

Spot electricity elsewhere:

• Australia:
• • South Australia: to spike to $600/MWh later today
  • Victoria: to spike to $600/MWh later today 
• New England: spiked to $150/MWh earlier today

http://ift.tt/2dZyQXu

Thus Article The Energy And Market Page, Part 2 -- December 12, 2017

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