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  • Everything Has Changed: Oil, Saudi Arabia, And The End Of OPEC [View article]
    So in 10 years we will do what we couldn't in last 50?
    Jan 14, 2015. 01:28 PM | Likes Like |Link to Comment
  • January Will Be Big With Upstream MLP Distribution Announcements [View article]
    All these guys are not in the oil field since yesterday. They will cut distribution an capex to what is reasonable to manage debt, they will develop only what is ok at these oil prices, and will wait for a rebound. It is happened in the past and it will happen again.
    Most are hedged and these hedges do provide sufficient cash for the existing projects *AND* they are a good incentive to those big banks or purchasers that are the hedge counterpart to manipulate the oil price again in the up direction.
    Jan 9, 2015. 11:30 AM | 2 Likes Like |Link to Comment
  • QR Energy unitholders selling 19.74M Breitburn Energy units [View news story]
    ok but it is unlikely they sell tomorrow. They just registered for selling, as a due act. If they sell tomorrow they must have married Harold Hamm ex-wife, so that the BBEP units still owned are peanuts... :)
    Jan 8, 2015. 07:16 PM | 3 Likes Like |Link to Comment
  • Lithuania set to join euro [View news story]
    Poor little Lithuania, you don't learn from Greece I see.
    Dec 31, 2014. 12:28 PM | Likes Like |Link to Comment
  • Mid-Con Energy Partners: Looking Toward A Rough 2015-2016 [View article]
    "If WTI prices average out to $70 per barrel through 2016, I suspect that management would cut distributions by 20%-25%"

    with MCEP at $7 right now, it seems market is pricing WTI @$30 in 2016....
    Dec 8, 2014. 04:38 PM | Likes Like |Link to Comment
  • EPA proposes tighter ground-level ozone pollution controls [View news story]
    a car engine must be small, relatively cheap and so it is inefficient; when you generate MegaWatts in a large plant the system is far more efficient, additionally you can easily use natural gas (less polluting) instead of oil, and in any case the emissions are concentrated so, even if you use coal, you can apply good filters (like the ones provided by FTEK) that on a car it would be impossible to apply.
    And you can always use hydro, wind and sun.
    Of course the fabrication of a car is not a neutral process, so trains, metro and other mass-transport are always better.
    Dec 7, 2014. 11:24 AM | Likes Like |Link to Comment
  • EPA proposes tighter ground-level ozone pollution controls [View news story]
    great for (FTEK) and others...
    Nov 26, 2014. 03:18 PM | Likes Like |Link to Comment
  • QR Energy: Don't Buy The Hype About A Distribution Cut [View article]
    market cap of this LRTR is $25M (irrelevant)

    QRE just announced a 612:625 stock split (or similar numbers, I almost invented the 612) in order to align the stuff for a 1:1 to BBEP.
    Oct 24, 2014. 04:34 PM | Likes Like |Link to Comment
  • QR Energy: Don't Buy The Hype About A Distribution Cut [View article]
    actually he is useful, when he says things like this, you know it is time to buy :)
    Oct 18, 2014. 02:15 PM | Likes Like |Link to Comment
  • SandRidge Permian Trust: Distribution Is Safe; Could Return +55% Within 1 Year [View article]
    PER is separated from SD and SD creditors have no rights on PER (except the PER units that SD still owns, and that will be sold). The Court will find another administrator for the trust, and (seeing SDT and SDR - for now PER results are quite good) probably somebody different that SD can only improve the results from the trust wells.
    Oct 18, 2014. 11:50 AM | Likes Like |Link to Comment
  • Tesla Motors calls out Michigan politicians [View news story]
    everyone should be allowed to sell directly. Are you in America or in a socialist Country?
    Oct 17, 2014. 04:01 PM | 5 Likes Like |Link to Comment
  • Still Cautious, But Doing A Little Buying In My Income Portfolio [View article]
    you are lucky. In Europe they realized we can pay it $9 per gallon or more (1.8 Euro/liter is a common price, we have seen also more; 1 gallon = approx 4 liters)
    Oct 16, 2014. 05:19 PM | 1 Like Like |Link to Comment
  • Latest Data Points On Offshore Drillers [View article]
    I'm puzzled by the move in HERO. It's pricing a bankrupt while there is no debt due until 2019. These are 2009 prices...
    Oct 14, 2014. 05:09 PM | Likes Like |Link to Comment
  • Report: Saudi prepared to let oil prices stay low [View news story]
    "Until about three days ago, the absolute and total consensus in the market was the Saudis would cut" maybe on Mars, it is months that we see the oil price down. The good news (for unhedged upstream) is that there is a floor at $80.
    Oct 13, 2014. 07:38 AM | Likes Like |Link to Comment
  • Chart Of The Day: The End Of QE? Not According To Break-Evens [View article]
    world population >6B and growing...
    modern money is paper (or bits) so the world "insolvent" has no meaning.
    Oct 12, 2014. 12:57 PM | Likes Like |Link to Comment