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  • Schork Oil Outlook: A Vexing Week Monday, 14 Sep 2009 | 12:16 PM ET

    As if on cue… we understand that there is a growing consensus in the weather-geek community that this winter is shaping up like… wait for it… the 2002-03 winter, writes Stephen Schork.

  • Schork Oil Outlook: Behind That Freefall Friday, 11 Sep 2009 | 9:46 AM ET

    Yesterday’s rational for buying gas post EIA brings to mind Yogi Berra’s reason for why he stopped going to Ruggeri’s, a St. Louis restaurant: “Nobody goes there anymore. It’s too crowded,” writes Stephen Schork.

  • Stocks at Highs; Banks Rebound, Health Care Gains Thursday, 10 Sep 2009 | 11:37 PM ET
    The Crisis: 1 Year Later - A CNBC Special Report - See Complete Coverage

    Stocks edged up Thursday, with a brighter outlook from Procter & Gamble and a better-than-expected jobless claims report, countering a dim forecast from Monsanto.

  • Stocks End Near Highs; Banks, Tech Strong Thursday, 10 Sep 2009 | 11:06 PM ET

    Stocks edged up Thursday, with a brighter outlook from Procter & Gamble and a better-than-expected jobless claims report, countering a dim forecast from Monsanto.

  • Schork Oil Outlook: Looking Towards 2010 Driving Season Thursday, 10 Sep 2009 | 9:57 AM ET
    Alternative Investing - A CNBC Special Report - See Complete Coverage

    With natural gas prices fluctuating 30% a day and crude prices dancing with the dollar, the traditional correlations have begun to break down, leaving many experienced traders on shaky ground, writes Stephen Schork.

  • Futures Edge Higher on Jobs Report Thursday, 10 Sep 2009 | 8:55 AM ET
    The Crisis: 1 Year Later - A CNBC Special Report - See Complete Coverage

    The stock market appeared to head for a higher open Thursday on weekly jobless claim reports that showed workers filing new claims for benefits fell more than expected last week.

  • Stocks Close Higher Despite Beige Book Wednesday, 9 Sep 2009 | 4:01 PM ET

    Stocks closed higher after faltering for awhile on a Federal Reserve report that the economy will remain weak due largely to unemployment.

  • Stocks Push Higher, Led By Nasdaq, Industrials Wednesday, 9 Sep 2009 | 12:01 PM ET

    Futures indicated a lower open for Wall Street on Wednesday as investors paused ahead of key U.S. data, having pushed markets to 11-month highs the previous day,

  • Alternative Investing - A CNBC Special Report - See Complete Coverage

    Energy prices were strong on Tuesday… as money returned from the summer holiday in a buying mood. The bulls did not even bother to wait for OPEC’s pending decision and instead used the plunge in the dollar as reason to load up on oil, writes Stephen Schork.

  • Commodities Boost Futures; Vivus Soars Wednesday, 9 Sep 2009 | 8:43 AM ET

    Futures indicated a lower open for Wall Street on Wednesday as investors paused ahead of key U.S. data, having pushed markets to 11-month highs the previous day,

  • Schork Oil Outlook: All Eyes on OPEC Tuesday, 8 Sep 2009 | 11:00 AM ET
    The Crisis: 1 Year Later - A CNBC Special Report - See Complete Coverage

    Energy prices were weak last week-oil markets started the week in the mid $70s, but finished in the high $60s. At the same time gas markets moved from the low $3s to the mid $2s. As far as this week goes, all eyes will be on OPEC, writes Stephen Schork.

  • Key cross-seasonal time-spreads...have been virtual freefall over the last month. In other words, the contango along the NYMEX forward curve is in freefall, writes Stephen Schork.

  • Schork Oil Outlook: Let’s Hear It for the Speculator Thursday, 3 Sep 2009 | 12:09 PM ET
    DOE Crude Oil Production

    Theories of peak oil notwithstanding, you make prices high enough you will find supply to meet (and eventually drive down) those prices. Don’t believe us? Go ask a natural gas producer, writes Stephen Schork.

  • Energy prices were weak on Tuesday, the entire complex began the new month where it ended the old one, i.e. on an ugly note. As far as today’s DOE report goes, the crowd is expecting a net draw of 0.5 MMbbls in the major products and a draw of 1.0 MMbbls in crude oil. As always, you should take the Street’s guesstimate for what it is worth… not much, writes Stephen Schork.

  • Schork Oil Outlook: $74+ Crude is Overpriced Tuesday, 1 Sep 2009 | 12:46 PM ET

    Now that earnings season is over and traders return to examining the fundamentals (or, at least, stop ignoring them completely) can we still count on the dollar and crude to move in opposite directions, writes Stephen Schork.

  • Schork Oil Outlook: US Consumer Is Still in a Pickle Monday, 31 Aug 2009 | 10:32 AM ET

    One of these days’ gas and oil will converge. However, we are just not willing to bet on it, writes Stephen Schork.

  • Schork Oil Outlook: What Are the Odds? Friday, 28 Aug 2009 | 11:13 AM ET

    Open interest in the $10 natural gas strike calls for this winter have ballooned over the last two weeks… from 1,783 to 11,051 in the January 2010 and from 881 to 8,848 in the February 2010. With the respective premiums trading in between $0.05 and $0.06 at the time of this jump, this “trade” amounts to a $9.5 million lottery ticket.

  • Schork Oil Outlook: Market Skies Are Grey Thursday, 27 Aug 2009 | 11:01 AM ET

    Liquids drifted lower after the DOE released what was, for all intents and purposes, a hum-drum weekly inventory report. Meantime, Henry Hub gas futures drifted higher.  As far as today’s EIA report goes, the crowd is expecting a seasonally small injection in the low 50s. That makes sense.

  • Crude oil values in New York touched $75, but then tanked, while natural gas values touched our $2.954 drop-dead value, but then moved lower.

  • This will either end up being the dumbest trade in the history of NYMEX natural gas trading… or the savviest. Time will tell.