Scott Shields Katy Texas Energy Blog

Hedging has lagged in the LNG business for quite some time due to its historically vertically integrated history. With regas facilities required on the consumer end and liquefaction facilities (5x the cost of regasification), the industry originally was fully integrated in "trains". While slow to react, the LNG industry has developed. A more developed stage in hedging would be to fix the actual transportation costs (seperate from the commodity costs). However this can be accomplished by longer-term chartering, a form of hedging. While the Bloomberg author seems to mix up hedging commodity with hedging transport, the point is taken. (Bloomberg) reposted by Scott Shields Houston -- A rally in the cost of chartering liquefied natural gas vessels on the spot market has highlighted the lack of tools available to traders to hedge against volatility. The market for the fastest-growing fossil fuel is expanding quickly, with cargoes changing hands in increasingly short...

Tremendous Impact to Oil & Gas Pricing if this order is allowed to go through and be implemented in the US. It will enable badly needed infrastructure and allow prices to return to free market . Trump executive order will aim to prevent states from blocking pipelines, energy infrastructure PUBLISHED TUE, APR 9 2019 • 8:02 PM EDT UPDATED WED, APR 10 2019 • 11:35 AM EDT Tom DiChristopher @TDICHRISTOPHER KEY POINTS Some states are using authority under the Clean Water Act to block fossil fuel pipelines and infrastructure.President Donald Trump will sign an executive order that seeks to limit states’ ability to delay construction.The same executive order contains several other provisions to promote energy infrastructure development. 📷 President Donald Trump holds up a signed executive order to advance construction of the Keystone XL pipeline at the White House in Washington January 24, 2017. Kevin Lamarque | Reuters. Reposted by Scott Shields Houston, Scott Shi...

STO Market Outlook 2019 Recap of 2018 STO activity and beyond Tatiana Koffman reposted by scott shields katy, scott shields houston Jan 4 If 2017 was the year of the utility token, with ICO’s raising more than $5.6B, 2018 will be remembered as having paved the way for a new generation of security tokens. Issuers and investors continue to remain curious about the benefits of tokenization such as increased liquidity, fractional ownership, decreased issuance costs, innovative structures and greater pricing efficiency. After conducting an independent study of 130+ STOs currently on the market, the following are some trends forming for 2019. Market Trends Deal Size: The current range of deals run from $2M for smaller equity fundraises for consumer tech companies to $1B for institutional venture capital deals. Industry: The vast majority of STOs are are happening in the Real Estate, Finance, Tech and Energy sectors. Structure: Revenue-share, tokeniz...

How blockchain could upend M&A and Investment Banking ther deals December 6, 2018 By  James Marshall , Deals Partner, Re-posted by Scott Shields Katy, Scott Shields Houston Imagine partnering with a foreign company run by executives you’ve never actually met, or imagine crowd financing a new film even if it required a big budget? Many investors would shy away from such deals, feeling that the risks were too big or too ambiguous to take on. But given blockchain’s evolution in recent years, we’d be remiss to write off these prospects just yet. Government and business leaders who aren’t already evaluating blockchain through a new lens need to be. The technology has been widely discussed, and much of the focus around its potential uses in M&A deals has thus far been around making the due diligence process more efficient. However, blockchain’s deeper potential use cases span beyond what dealmakers envision today. As a tamper-proof shared ledge...

Financial Regulation Regulatory Policy North America Top News SEC Chairman Wants to Let More Main Street Investors In on Private Deals Jay Clayton, chairman of the Securities and Exchange Commission, said he wants to open up new options for individual investors. Photo: brendan mcdermid/Reuters By Dave Michaels Updated Aug. 30, 2018 4:54 p.m. ET NASHVILLE, Tenn.—The Securities and Exchange Commission wants to make it easier for individuals to invest in private companies, including some of the world’s hottest startups, the agency’s chairman said in an interview. SEC Chairman Jay Clayton, a Trump appointee wrestling with how to boost flagging interest in public markets , said the commission also wants to take steps to give more individual investors a shot...