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Daniel Dicker
Daniel Dicker has more than twenty years’ experience on the floor of the New York Mercantile Exchange, where he traded crude oil,
natural gas, unleaded gasoline, and heating oil futures contracts for his own accounts. He is the author of the upcoming book “Oil’s Endless Bid”, out from John Wiley and Sons in March 2011. Dan is currently senior contributor at Jim Cramer’s, where he writes on the energy markets and investing in the energy space. He has lent his expertise as an oil markets analyst in hundreds of live radio and television broadcasts including CNBC, Bloomberg, Nightly Business Report and ABC News. Dan lives with his wife and family in New York.

Entries by Daniel Dicker

Natural Gas, Ukraine and the U.S.

(0) Comments | Posted March 10, 2014 | 5:15 PM

The crisis in Ukraine has brought attention not only to the military influence that Vladimir Putin can exert, but also upon the influence that Russian natural gas can wield. Fully 60 percent of the European natural gas supply comes from Russia, with half of that supply running through pipelines traversing...

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Why Oil Prices Will Rise Despite Iran Deal -- Saudi Arabia

(0) Comments | Posted November 27, 2013 | 12:48 PM

Why is Brent crude rallying in the face of a new Iran nuclear deal? Two words might explain it: Saudi Arabia.

No one was more upset, save for the Israelis, by the recent agreement between the Iranians and the U.S. than Saudi Arabia, the Iranians natural enemy in the...

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Steve Cohen of SAC Capital Has Earned Insider Trading Charges

(1) Comments | Posted July 24, 2013 | 4:27 PM

The Securities and Exchange Commission is filing civil charges against multi-billionaire hedge fund trader Steve Cohen, just days before the statute of limitations on the cases was about to run out. While my trading career on the floor of the New York Mercantile Exchange and the trading life of Steve...

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Dodd-Frank on a Precipice

(0) Comments | Posted June 10, 2013 | 11:40 AM

Perhaps the future of Dodd-Frank banking legislation will hang dependent upon the trip CFTC head Gary Gensler will make later this month, and very few are paying attention.

That's scary, because the reforms of Dodd-Frank legislation are so critical to the future safety of our financial system,...

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Embrace the Cliff

(6) Comments | Posted December 5, 2012 | 2:56 PM

Enough talk, feinting, cajoling, campaigning and threats have passed from lawmakers through the media on the fiscal cliff to have convinced me that we're headed over the edge come the end of the year. While I would cheer a grand bargain and some recognition of the recent election outcome and...

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Iranian Riots Prove Sanctions and Oil Embargo are Working

(42) Comments | Posted October 4, 2012 | 3:03 PM

The main problem I saw in last night's debate for President Obama was his unwillingness to point up the many successes he has had in his last three years as president.

Instead of playing defense, he has a strong economic resume he could have spoken to -- a increase of...

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Ryan/Romney Debt Plan Throws Middle Class Under the Bus With the Poor

(4) Comments | Posted August 21, 2012 | 5:25 PM

We know how the Ryan/Romney budget plan to tackle our debt throws the poor, infirm and the elderly under a bus. But it is increasingly clear how this budget plan, while not even serious about tackling our national debt, would throw the middle class under it as well.

Paul Ryan's...

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Knight Capital Debacle Screams for Transaction Tax Now

(42) Comments | Posted August 9, 2012 | 10:52 AM

Our stock markets have been hijacked and are coming apart, unsafe at any speed for any investor. That's the message that the $440 million scandal at Knight Capital Group is telling us.

But Knight's problems with their latest software are certainly not the first sign of an electronic market gone...

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Facebook IPO -- How Wall Street Lost the Retail Investor, Again

(20) Comments | Posted May 28, 2012 | 2:16 PM

Wall Street blew it again. They had this one grand chance in the Facebook IPO to try to restore some of the investor confidence that has been lost in the last four years of bank bailouts and bonuses -- and they blew it.

Wall Street brings many new companies to...

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President Unfortunately Gets No Help Attacking Oil Speculation

(40) Comments | Posted April 19, 2012 | 10:57 AM

The president's proposals to limit speculation in the oil markets does hint at political rhetoric. There is an instant suspicion, and rightly so, when President Obama unveils measures to attack "high gas prices" and asks for congressional help he knows he's not going to get in an election year.

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Natural Gas -- A Botched Opportunity

(6) Comments | Posted April 12, 2012 | 10:51 AM

On Wednesday, natural gas traded at the Chicago Mercantile Exchange for less than $2 per million cubic feet. Two dollars. This would be news enough -- the domestic, cleaner, abundant and greener fossil fuel -- sitting at low prices not seen in more than a decade. But it...

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Oil Market Itself Proves Gas Prices Are All Speculation-Driven

(27) Comments | Posted March 29, 2012 | 9:10 AM

Why are crude oil futures traded on the Intercontinental Exchange (ICE) $30 cheaper, or almost $1 a gallon less, three years from now?

That just doesn't seem possible -- unless the oil trade is totally overrun with speculators and Fed-inspired, cheap-money risk investors.

On CNBC on Friday, I got into...

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President Should Play Political Turnaround at Cushing - With Natural Gas

(12) Comments | Posted March 22, 2012 | 11:05 AM

President Obama's appearance in Cushing, Oklahoma today is politically tangled, and for good reason: Gas prices are the most potent political weapon in the Republican arsenal right now and the White House seems to know it. The question is whether any positive action will emerge from all this talk and...

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Time to Pass the Natural Gas Bill

(46) Comments | Posted March 13, 2012 | 8:30 PM

Have you had enough of paying $4 a gallon for gas? Do you wonder what you're going to do if gas prices go to $5 a gallon this summer? You're not alone.

Gas prices affect everyone, regardless of race, color or political party, yet Washington is stuck in neutral in...

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Jobs -- The GOP Needs a New Alibi

(21) Comments | Posted March 12, 2012 | 3:21 PM

The jobs report released on Friday was pretty good news for America -- and pretty bad news for the GOP.

As we know, much of the hope of the Republicans for making President Obama a one-term leader has been based around the idea of a continuing crisis economy,...

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Here Comes $5 Gas!

(6) Comments | Posted February 22, 2012 | 2:24 PM

Here we go again: With gas prices spiking so early in the new year, it's easy to predict that the United States will see $4 gas sometime this summer. I would even put the chances of $5 gasoline at one in three.

And it's not the pure fundamentals that...

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The Koch Brothers and MF Global - Friends to the End

(19) Comments | Posted November 14, 2011 | 12:12 PM

So much about the collapse of MF Global, the international commodity firm, has revisited the worst sins of the 2008 financial meltdown. There's been outsized betting with other people's money using Wall Street created derivative instruments. Ongoing investigations now show that leverage in these wagers had even eclipsed the worst...

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MF Global Proves We Are All Still at the Mercy of Bankers

(10) Comments | Posted November 7, 2011 | 5:33 PM

The weekend saw a near catastrophe similar to the Lehman failure in 2008, although it had nothing to do with Europe and few noticed it. The explosion of MF Global continues to cause ripple effects of the type we've seen before, and not in a good way, three...

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Economic Wounds of the Debt Debate Won't Heal Quickly

(0) Comments | Posted August 1, 2011 | 3:24 PM

The weekend's debt compromise hasn't done a thing to cool my boiling anger.

I'm still steaming mad, because I lost a lot of money last week and so did you, and it was entirely unnecessary. And I have news for you, if you have a retirement account in any of...

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Debt Debate -- Politicians Shirk the Responsibilities of the Job

(9) Comments | Posted July 23, 2011 | 5:49 PM

I'm sitting on a tarmac in Louisville, Kentucky, waiting for takeoff clearance. A minute or so before the engines go to full throttle and we start picking up speed towards heading skyward, I'm thinking about all the people I'm relying upon to have been responsible in doing their jobs: I'm...

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