Matt Smith

Matt Smith

Matt Smith spent his twenties working in investment management in London, before swapping his bowler hat for a banjo and moving to Louisville, KY, and Schneider Electric. When he is not reading, writing (or dreaming) about financial markets, he can be found enthusing about music, red wine, spicy food, or his family. And lamenting his soccer team, West Ham.

Bakke(n) To Basics – 10 Statistics About The Largest US Oil Shale Play

We are well aware of the natural gas shale revolution, as domestic production remains strong while prices have remained mired in the land of 2-buckdom. However, the next revolution is underway, set to blow the doors off production expectations in a similar fashion. This be…the US oil shale revolution. So through the poster-boy of  this […]  More »

To Be Or Not To Be: Global Energy And Cellulosic Ethanol (And Unicorns)

Well, no it isn’t (the question, that is). It is more of a statement or affirmation, as this post takes a look at two charts from two recent releases, BP’s Statistical Review of World Energy and the EIA’s Annual Energy Outlook , to show two contrasting themes. One chart illustrates key consumption levels, and the other illustrates […]  More »

10 Tidbits

Please find below ten tidbits I have squirreled away over the last week to illustrate how nuts Energyworld™ is. Enjoy! 1) US crude oil production in Q1 has just reached its highest level in 14 years, breaking above 6 million barrels a day. Why? Because of oil production ramping up at shale plays such as Bakken […]  More »

The Impact Of The Shale Gas Industry On Manufacturing And Employment

This post is cribbed from a presentation I gave last week at the Platts Shale Play Tubulars Conference in Pittsburgh, called ‘Smoke and Mirrors’. It focused on various aspects of the shale gas industry and how mottled, cloudy, and unclear the picture is (= smoke). In response to each smoke slide, I then attempted to […]  More »

Names, Refrains, And Hurricanes

Given I am completely immersed in economic nerdiness as I prep for next week’s Platts conference, the burrito side of my brain has staged a coup and steered me back toward the more lighthearted ( / stormy) side of Energyland™. So with the official start to Atlantic hurricane season beckoning tomorrow (June 1), let us take […]  More »

Commodity Capers Through The Caped Crusader

General financial markets, and (from a burrito state of mind) specifically Commodityland™, have been looking rather dark and scary this week, leading me to think of Gotham City. The gothic nature of markets has left me to consider, contrast, and compare the inhabitants of the home of the Caped Crusader with all things commodity-like. Batman […]  More »

A Link Between Energy, The Greek Debt Crisis, JP Morgan’s Losses, And A Fire Hydrant

About three seconds before my son ran head first into a fire hydrant on Monday night, I was talking to a friend who was asking exactly what JP Morgan had done to lose $2 billion. Both this event and the escalating farce in Greece have been dictating both the mood and movement in financial markets […]  More »

From The Beasties To Commodities

I was utterly gutted to hear about the passing of Adam Yauch (MCA from the Beastie Boys) last week. Although I disliked the band’s early stuff like ‘Fight For Your Right To Party’ and ‘No Sleep ’til Brooklyn’, their second album ‘Paul’s Boutique’ is one of my favorite records ever, and I have been a fan […]  More »

Everything’s Going A Bit Van Halen

You know those people that look at clouds and see shapes (no? oh, ok…), well recently every time I see charts of the latest economic data, I see the Van Halen logo. And it’s not even like I’m a Van Halen fan (I’m way too young, obviously). So to prove I am not one sandwich […]  More »

Where Commodities And CSI Miami Meet

Worlds collide this week as I have been distracted by the combo of CSI Miami and relative value … leaving us to delve into the world of ratios and Horatio. So, let’s take a look at some aspects currently present in Energyville™, kick-started by terminology used in the world of Horatio Caine. 1) BALLISTICS This relates to the […]  More »

Running A Ring Around This Week’s Energy Rulings

Given the influx of ruling-related rhetoric in the realm of Energyland™ this week, it seems useful to take a look at some of these announcements – which cover ground from fracs to specs, from UK shale to US LNG – to gain a better understanding. So without further ado, let’s run a quick ring around […]  More »

Around The World In 80 Seconds

Given that this week feels like it has been all over the place, it seems somewhat appropriate that this post should do the same. So let us go around the world in 80 seconds, taking a look at some random energy nuggets from various corners of the globe. SAUDI ARABIA – given that electricity demand […]  More »