The increased production of natural gas liquids such as ethane, propane and butane has lowered the input costs for the chemical industry.
FCX
46 posts
We had hoped that Asia might have enough economic strength to support itself and avoid recession. No more.
High gas prices and economic instability in Europe will crimp U.S. economic growth in the months ahead.
Major technological advances in the oil & gas industry have caused the U. S. to have an increase in oil production for the first time in over twenty years.
The Opportunistic Arbitrage model gained a solid 21.4% in February versus 4.1% for the benchmark S&P 500.
After the huge amount of volatility for most of 2011, January and February have been much calmer. Volatility has been down substantially.
Underlying investor mood is not overly bullish yet, which points to potentially higher prices ahead.