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James Jenckes

 
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  • Oil: How Low Can It Go? [View article]
    joenjensen,
    I'm not worried about the welfare of countries like Iran, Saudi Arabia, Qatar, or other OPEC countries. I was just speculating on how long before they "yell uncle" and come in with a production cut. That of course will cause the price of crude to reverse and head higher. This will certainly be like "rain on our parade".

    What I think the Saudis are really trying to do is make sure we, as in the rest of the world, keep buying their oil. The best way to do that is to lower the price. This my cause our production to not increase so fast, but it will help keep alternative energy sources at bay. They have plenty more oil to sell and certainly don't want the rest of the world driving around in electric cars. Oil left in the ground is not worth much!

    Regards,
    Jim
    Dec 3, 2014. 11:18 PM | 1 Like Like |Link to Comment
  • Oil: How Low Can It Go? [View article]
    j6813f,
    I don't think it will be all bad for drillers and producers. It's likely some will be squeezed, but that's the nature of the business. By in large I believe the long term story is good for oil. Here's some pluses of low oil prices.

    1. Increased consumer spending.
    2. Increased sales of SUV's and trucks.
    3. Increased travel by automobile.
    3. Lower transportation costs lead to lower cost of goods and services.
    4. Increased Air Travel.
    5. Increased aircraft production.
    6. All this will lead to increased consumption of fossil fuels and return to balance in the crude market.
    7. Alternative energy activities will decrease somewhat.
    8. Fewer sales of electric vehicles.

    The list could go on.

    Regards,
    Jim
    Dec 3, 2014. 02:09 PM | 2 Likes Like |Link to Comment
  • Oil: How Low Can It Go? [View article]
    morshniki,
    Thanks for stopping by, I appreciate your comment!

    Regards,
    Jim
    Dec 3, 2014. 01:25 PM | Likes Like |Link to Comment
  • Oil: How Low Can It Go? [View article]
    David,
    Thanks for the comment. You are probably right. In any venture they are the low cost producers who win and the others will go bust or be bought out.

    Regards,
    Jim
    Dec 3, 2014. 01:24 PM | Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    Those have questions about rollovers and taxes might want to read this article - http://seekingalpha.co...
    Nov 28, 2014. 12:24 AM | 1 Like Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    Have questions about taxes and rollovers. Check out my article on the subject at http://seekingalpha.co...
    Nov 28, 2014. 12:20 AM | 1 Like Like |Link to Comment
  • These 5 Companies Are Adding More Cash To Their Dividends [View article]
    berloe,
    Thanks for stopping by with a comment.
    Not sure about a buy out. Looked back a year at the news but coundn't find any thing. Were you thinking of Flowers buying out Wonder bread from Hostess back in early 2013?

    Take care,
    Jim
    Nov 27, 2014. 03:52 PM | Likes Like |Link to Comment
  • Be Thankful For This High Yield Infrastructure Play From North Of The Border [View article]
    bpither,
    Thanks for your comments and information.

    Regards,
    Jim
    Nov 27, 2014. 12:28 PM | Likes Like |Link to Comment
  • Be Thankful For This High Yield Infrastructure Play From North Of The Border [View article]
    Kanukki,
    Thanks for stopping by and adding to the discussion.

    Regards,
    Jim
    Nov 26, 2014. 05:07 PM | Likes Like |Link to Comment
  • Be Thankful For This High Yield Infrastructure Play From North Of The Border [View article]
    Domovyk,
    Thank for your comments. You make some good points.

    Regards,
    Jim
    Nov 26, 2014. 05:06 PM | Likes Like |Link to Comment
  • Be Thankful For This High Yield Infrastructure Play From North Of The Border [View article]
    Philipsonh
    Thanks for the comment.
    Remember to also discount the stock price. In Canada ENF.TO sells for 31.30 with a dividend of $1.542. That's a yield of 4.93%. In the US you can buy EBGUF for 27.80 with a dividend of $1.36. That's a yield of 4.89%. Not to much difference, Eh?

    Regards,
    Jim
    Nov 26, 2014. 02:19 PM | 1 Like Like |Link to Comment
  • Here Are 5 More Companies Leading The Way With Higher Dividend Payments [View article]
    Roger,
    Thanks for commenting. I've got a article in the works for EBGUF. I think you may like this one.

    Regards,
    Jim
    Nov 23, 2014. 10:41 PM | Likes Like |Link to Comment
  • The Oil Is Falling, The Oil Is Falling - Now What Do We Do? [View article]
    ralph111
    Thanks for stopping by and commenting.

    Haven't heard anything about the petroleum reserve. As you are probably thinking; it might be a good time to add to it.

    Regards,
    Jim
    Nov 19, 2014. 06:51 PM | Likes Like |Link to Comment
  • The Oil Is Falling, The Oil Is Falling - Now What Do We Do? [View article]
    Roger,
    As always, good have you stop by and comment!

    As for CBRL; it's a small cap stock and has done will this year. It's gained over 22% in the last 6 month! But, as the S&P 500 is getting a bit pricey so is CBRL. We could easily have a 10% or better pullback anytime. Fair value on CBRL is about 105, so I would keep an eye out for 105 or lower.

    AS for COP, XOM, & CVX. COP is a producer only, they spun off the refining segment (PSX) a while back. So, you'll notice COP has fallen a little harder than XOM and CVX, that's because these two companies have integrated operations. They have both upstream (oil production) and downstream (refining) segments. Usually, the downstream segment will carry the upstream segment during times like this. So, in other words it might be time to pick up a little XOM or CVX. Unless we have major melt down in the market both of these should continue to do well. For COP we need to wait to see when crude oil as made a bottom. Not sure where we go from here. We definitely could see crude at $70 or under. Crude has been falling since June, but, I don't think the Saudis can stand to have it much lower for more than a few more months.

    Regard,
    Jim
    Nov 18, 2014. 10:44 PM | Likes Like |Link to Comment
  • The Oil Is Falling, The Oil Is Falling - Now What Do We Do? [View article]
    Michael,
    Thanks for stopping by and making comment.

    I believe you are right about the dollar. That certainly is a factor for oil prices falling; likewise for precious metals and other commodities.

    Take Care,
    Jim
    Nov 18, 2014. 06:42 PM | Likes Like |Link to Comment
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