EUROPE’S ENERGY CRISIS IS KEEPING ENERGY PRICES HIGH

America leads the world in oil and gas production. We believe midstream energy infrastructure offers predictable cash flows to investors.

Energy Policies Will Drive Business From Europe

SL Advisors Talks Markets
SL Advisors Talks Markets
Energy Policies Will Drive Business From Europe
Loading
/

Poland has stopped producing fertilizer. Natural gas is a key input into the production of nitrogen-based fertilizers such as urea and Urea Ammonium Nitrate (UAN). The European energy crisis has rendered their manufacture uncommercial because of high natural gas prices, which are likely to persist for at least another year or so. Poland produces 6 […]

Incoherent Energy Policies

Recently Chevron’s CEO Mike Wirth gave an interview in the Financial Times where he explained why blame for the current energy crunch lies squarely with western governments and the poorly conceived policies they have followed. To varying degrees they have assumed a painless pivot away from fossil fuels before alternative sources are ready. Germany and […]

The Losers From Quantitative Easing

SL Advisors Talks Markets
SL Advisors Talks Markets
The Losers From Quantitative Easing
Loading
/

UK Prime Minister (PM) Liz Truss has reached “in office but not in power” in record time. On September 6th she met with Queen Elizabeth II and formally became PM. Two days later the Queen died, commencing a period of mourning that ended with the monarch’s funeral on September 19th. Practically speaking, that’s when Liz […]

Energy’s Asynchronous Marriage

SL Advisors Talks Markets
SL Advisors Talks Markets
Energy’s Asynchronous Marriage
Loading
/

The relationship between crude oil prices and pipeline stocks is a perennial subject – why do the toll-like features of midstream energy infrastructure sometimes fail to separate the sector from the vicissitudes of commodity markets? The truth is they move together more at certain times than others. The 2015 drop in crude caused by excessive […]

OPEC+ Strikes Back

SL Advisors Talks Markets
SL Advisors Talks Markets
OPEC+ Strikes Back
Loading
/

Recently Shell’s CEO commented that China had added more coal production capacity during the third quarter than Shell’s entire global energy production. It is a response to high prices. We don’t often write about coal because we’re not invested in it. Prices have more than doubled over the past year, although were lower in September […]