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Coke and Pepsi for the most part use corn syrup not sugar. Corn syrup is a rather recent phenomenon, and can provide true competition to pure sugar. What we need to know then is the substitution cost(s) for going from sugar to high fructose corn syrup (HFC in food industry parlance)...

Mirus is solid with both Dorman and RCG.

http://ftalphaville.ft.com/blog/2009/08/11/66386/betting-on-brent/ There's also a new presentation about WTI's relevance as a contract on cmegroup.com -- of course they have a natural bias...

http://ftalphaville.ft.com/blog/2009/08/11/66386/betting-on-brent/

Well, thanks for the compliment. Believe me, I still have libraries worth of learning to do. Anyway good luck on it on the spread. Is Dorman working out?

OMG good morning 3 am... Maybe West Coast should just trade Asia...

Maybe when the non-financial press gets in on the news it'll be a real top? The thing about these raging commodities is they can travel vast distances higher in a very short time and it seems *very* hard to find a top. Anyone here have experience trading backspreads?

I got burned in sugar a few years back when I thought Congress would consider sugar ethanol -- still have the scars from underestimating the US Farm Lobby... This thing could go way way higher, but I'll be looking for chances to pick up cheapo puts or various put spreads along the way, with...

Fund or liquidate in 1 day.

When gasoline prices rose mortgage owners who also had long commutes were faced with doubling gasoline bills, and at some point they couldn't afford it anymore. This lit-up the housing inferno, itself just waiting for some spark. This is illustrated by the fact that the mortgages on homes where...

That bit about interest rates was unclear -- what I meant was that if a future recession were caused by high oil & commodity costs, interest rates -- esp if already low -- might not be effective. Witness the stagflation of the Seventies. A price shock because of supply constraints (US peak...

The author of this great article (http://www.epmag.com/WebOnly2009/item41209.php) suggests a flex tax structure where gasoline under a certain price is taxed but if the price rises too far there is no tax. The idea is to remove some price volatility and to resist from adding to gas prices when...

There is sense to that; I hear you.

The contango is steeper in WTI than Brent for example and there are rumors that Canadians are dumping oil on Cushing. http://www.cnbc.com/id/32315028 (surprisingly the link's from CNBC) nymex wti sep/mar (6 months) -$6.49 ice brent sep/mar -$3.03 Moving away from the front month (in part...

I agree with what you're saying if he's trying to trade from a fundamental view, but the spread can also be traded technically -- in fact I've read an academic paper all about trading this spread technically -- some successful methods being quite quantitative, but one successful way studied was...

Nice. What do you think about the spread itself? From what I understand some of Brent's strength had to do with relatively higher demand from China/Asia as opposed to the States. But lately Baltic Dry Index is back down and apparently commodity demand is somewhat down from China. I also check...

Actually I personally just go straight off the numbers. It's an issue for me and at some point I'll get a solution, but so far I've been fine trading all sorts of petro spreads by using delayed charts to get a roadmap, then trading straight off the DOM. Maybe it keeps me thinking? Not sure...

Yes I do it on Dorman's T4. Use the DDE link to excel to chart if need be. Btw wti-brnt is not inter-exchange; it's intercommodity. You're spreading ICE WTI vs ICE Brent. NYMEX is out of this loop... But Dorman's execution overall has been very good for me and great service. But I think...

Thanks for the link.

I'd be surprised that OEC doesn't have the wti/brent spread. You can get it through RCG. I trade it through Dorman, who actually has to shop it out to RCG (Rosenthal). On Dorman I use the T4 platform, but no charts (only charts for ag and interest rate spreads), but you can make a link to...