So, What Is Goldman Sachs Saying About The "Move" In Oil? -- January 15, 2019

GS says it won't be hoodwinked.

From Rigzone:

“Goldman Sachs says it won’t be ‘hoodwinked’ again on commodities as it urges investors to buy into this year’s comeback story in oil, despite last year’s spectacular collapse,” Barani Krishnan, senior analyst with Investing.com, told Rigzone. “Saudi Energy Minister Khalid al-Falih, meanwhile, is doing his best to drive the bullish charge in oil, vowing to cut hundreds of thousands of barrels per day in supply.”

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Trending?

From the EIA:

In 2018, natural gas fueled an estimated 35% of total annual U.S. electricity eneration, up from 32% in 2017. In contrast, the share of total generation from coal declined from 30% in 2017 to 27% in 2018. 

Link here.

It is hard to see the "projection" on this graph, but if you look hard (and maybe use a magnifying glass) the trends are very, very interesting for coal, wind, and solar. Entirely unexpected. And the graphic only goes out to the end of the year?