Energy year-end review

McKeany-Flavell Hot Commodity Podcast

English - December 30, 2022 18:00 - 21 minutes - 30.2 MB - ★★★★★ - 8 ratings
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Previous Episode: Holiday fun with Shawn & Nicole!

Next Episode: Stay warm with this toasty, cozy sugar update

Natural gas

A busy year for natural gas!

Final activation halted on Russian Nord Stream 2 pipeline
Russian exports of gas on Nord Stream 1 pipeline a no-go
Explosion at Freeport, TX LNG facility

EIA inventories continue to lag both 2021 levels and five-year average
What to watch for in 2023:

Winter weather and drawdown in inventory
Ukraine, China's re-opening, and potential recession

Crude oil

Average price of crude oil 39% above 2021
Record-high gasoline and diesel prices last June
Global crude demand to slow but could be offset by China and SPR

Be on the lookout for your invite to our upcoming Risk Management webinar!

Wednesday, January 25

McKeany-Flavell’s Spring Market Seminar is happening on April 26, 2023!

Mark your calendars, registration opens in January!

Happy New Year!

Host/Expert: Shawn Bingham, Director of Risk Management
Expert: Jeffrey Rasinski, Consultant