I believe that United States energy independence is a myth. While it is clear that shale oil and gas production has rapidly expanded, so has the cost of production. I am a contrarian in search of beaten down stocks and sectors. In particular, I am extremely interested in the energy and precious metal markets because of the relationship between geopolitical events, supply and demand, and the economy. I believe in peak cheap oil and have learned a great deal from following the late Matthew Simmons, Jeffrey Brown (ELM Model), Art Berman, David Hughes, Eric Sprott, John Embry, and many others.
Bill Powers is editor of the Powers Energy Investor, a newsletter which provides readers with an easy to understand and candid perspective of the industry and identifies quality, undervalued investment opportunities in the energy sector (oil, natural gas and alternative energy).
Bill uses both primary and secondary research to identify small, mid and large-sized exploration and production (E&P) firms with outstanding value propositions, experienced management, strong balance sheets and growing production. With alternative energy becoming an increasingly important part of the world’s energy supply, Bill also considers established and early stage alternative energy companies worldwide.
Bill discloses his shareholder status and/or director status on companies or financial instruments he holds and writes about. He holds a BS degree in Finance from Georgetown University, Washington DC.