MishTalk TV With the Head Energy Trader at Price Futures Group

Phil Flynn, the head energy trader for the Price Futures Group joins Mish on MishTalk TV for a discussion on oil, sanctions, and President Biden's proposals to rein in gas price inflation. 

Six Discussion Points

• Biden's proposal for a Massive Strategic Oil Reserves Drawdown by 1,000,000 barrels per day to lower the price of gasoline.
• Biden's proposal to use an E85 ethanol blend and what that means for smog.
• Biden's effort to get more Liquid Natural Gas (LNG) to Europe.
• Ethanol tariffs. 
• How Biden's proposals affect the price of corn. 
• Biden's proposal to use War Time Powers for acquire strategic minerals related to clean energy.

At the start of the interview I inadvertently stated one million dollars instead of one million barrels per day from the strategic reserves. 

Phil explains that is not possible. 

Here are a couple of charts we discussed. A link to the video follows the charts.

WTI Crude Futures

Corn Futures

MishTalk TV With Phil Flynn Video

Daily Energy Report

Phil Flynn puts out a Daily Energy Report at no cost to subscribers.

You can contact Flynn to get on his email list at pflynn @ pricegroup .com (remove the spaces). 

Put in a subject line - "Daily Energy Report - Mish"

On Twitter you can follow him at @EnergyPhilFlynn

Thanks Phil!

While on the subject of energy, also see Via Clever Tactics, Putin Gets His Way on Rubles for Energy Demand

This post originated at MishTalk.Com.

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