Cardium Oil Stock Valuations: Have We Seen the Peak? [View article]
This is derived from a limited set of data, by the author;s admission. Other than speculation it would appear that the Bakken and the Viking are the full cycle cost winners.
Ergo, buyout speculation may move to the stocks drilling there and with those in the Lower Shaunavon.
Natural Gas: Why I Think It's a Buy [View article]
To 334776- yes the industry is dragging it's feet on NG to fuel processing. And here is why:?
the US integrateds and refiners have collectively hundreds of billions of dollars invested in systems, equipment, marketing and employees that transport a raw liquid product and refine a raw liquid to a finished product or patially finished product and then again to transport and market the product wholesale or retail The refiners won't recover that investment with a sudden switch to a gaseous fuel. What Tillerson wants to do is to turn NG into a liquid refined fuel just like crude and sell it through a system that supports a liquid product that has alot more years left in it without having to pony up billions in investment more to support a massive gaseous transportation system nationwide. Watch for the next gas price spike up to and over $4.00 a gallon for XOM to pitch to Congress tax supports, credits and faster writoffs to develop the refining capacity of NG to liquid fuel. And also watch Congress to give the go-ahead when they hear from the voter about gas prices. NG is homegrown, cheaper on a btu basis to oil and creates jobs or so XOM will say. And XOM will get by with a minimum of new investment.
Buffet's purchase of BNI would be consistent with his philosophy of not finding many attractive investments to put alot of money into. So BNI is a holder of alot of Buffet's cash for a considerable period of time. BNI is Buffet's bank where he can call the dividend and control the board. BNI derivatives anyone?
Fracking Fluid Issue Could Affect Energy Market [View article]
I'm pro oil and gas. I worked for Amoco. One thing i've learned is that the oil and gas industry can be their own worst enemy. Take Cabot for instance. The poster boy for bad behavior in the shale gas business. A good number of her wells have spewed toxins into the wells of quite a few farmers. so bad in fact that the state of Pennsylvania advised people to bathe and shower with the window open so as not to build up any combustibles.
Same thing is happening in Colorado.People driven from their homes due to toxic fumes in the air and in the water. Author has it wrong--the industry needs more than a PR get up and go campaign. They need to re-examine the science and shore it up where needed and the industry needs to tell the Cabot's of the world that if they don't improve they'll be kicked out of the church.
Shale gas and oil are important to the US in the strategic long run and they way things are going we will all suffer if the industry doesn't face the realities. Thuis is their "Toyota Moment".
I'm an oil and gas guy, therefore I know next to nothing on the fuel cell investment scene other than the basics of how they work. What I did find interesting is the claim that the Bloom product is twice as efficient as the best GE gas turbine. Is this true? And of course, being an oil and gas guy I found it interesting that Bloom'sproduct needed nat gas.
Falklands Oil: High Stakes in the South Atlantic [View article]
I believe Chevron did some preliminary work in the North Basin in the 80's and concluded that 3 billion barrels of oil lay beneath the waves. But oil was crashing then and Chevron couldn't make the economics work. Might want to bet on the North Basin first.
The great irony here is that with "Peak Oil" the western oil companies are on a treadmill with flat to declining medium to light oil additions to reserves, the price of oil goes up and the price of their stock goes up-- for finding less oil.
Penn Virginia: High Dividend Stocks With Strong Earnings [View article]
A good rule of thumb on the MLP's is to sell when your price appreciation equals 5 or more years in annual payouts. I've used it and it works 80 percent of the time. I've not regretted the sale and pocketed the gains.
Betting Against Coal: A Green Lottery Ticket [View article]
CO2 has been politicized. It is not a pollutant. There are immediate remedies for CO2 they are called trees.The real pollution lies in the mercury, NO2 and the sulphur,now that's pollution. And yes, the climate is changing, it is getting colder. Just like the East Anglia "scientists" said in their emails.
A Seller's Market for Junior Oil Plays [View article]
The prospects better be outstanding for PetroBakken. They paid a high price for the 1P and the 2P reserve estimates. The Cardium is the play here and the reserves must double to get the money back.
Porter Stansberry: Pockets of Promise in Natural Gas and Oil [View article]
At the current rate of production OPEC is doing what it always does: find a sweet spot between making oodles of money and not destroying their worldwide investments.
At this rate, oil may only go up in dollar terms, which leaves alot to think about.
Natural Gas: What a Difference a Year Could Make [View article]
Indeed XON's purchase of XTO is curious in and of itself not to mention the price of the purchase. XON has always believed that the implementation of new technology as well as the invention of newer technologies has always been the one factor no one in the oil and gas industry takes into account, except for them, XON.
It may be that XON not only is counting on new tech to disprove Simmons but on the verge of unleashing some new tech drilling and frcing process.
Inside Canada's New Natural Gas Play [View article]
It boils down to no one knows the I.D. of the buyers. What perplexes me is the overlooking of the obvious: Trilogy and Paramount are big players in the Kaybob. I would be surprised if they didn't pick up a parcel or two.
Tom Akin: Don't Sell a Bullish Trend Until It Is Proven Otherwise [View article]
He is also a Quant analyst as well as a Tech analyst. That might be the reason of seeming reluctance to make a definitive statement.
He is a trader in his approach, ergo the seeming paradox of his statements.bobbybutte has it right, this guy is looking for what's left and he'll trade your account 20 times to get it, thus the nature of a Quant.
Cardium Oil Stock Valuations: Have We Seen the Peak? [View article]
Ergo, buyout speculation may move to the stocks drilling there and with those in the Lower Shaunavon.
Natural Gas: Why I Think It's a Buy [View article]
the US integrateds and refiners have collectively hundreds of billions of dollars invested in systems, equipment, marketing and employees that transport a raw liquid product and refine a raw liquid to a finished product or patially finished product and then again to transport and market the product wholesale or retail
The refiners won't recover that investment with a sudden switch to a gaseous fuel.
What Tillerson wants to do is to turn NG into a liquid refined fuel just like crude and sell it through a system that supports a liquid product that has alot more years left in it without having to pony up billions in investment more to support a massive gaseous transportation system nationwide.
Watch for the next gas price spike up to and over $4.00 a gallon for XOM to pitch to Congress tax supports, credits and faster writoffs to develop the refining capacity of NG to liquid fuel.
And also watch Congress to give the go-ahead when they hear from the voter about gas prices.
NG is homegrown, cheaper on a btu basis to oil and creates jobs or so XOM will say.
And XOM will get by with a minimum of new investment.
Yes, XOM is a buy.
Is Oil the New Salt? [View article]
BNI is Buffet's bank where he can call the dividend and control the board. BNI derivatives anyone?
Fracking Fluid Issue Could Affect Energy Market [View article]
Take Cabot for instance. The poster boy for bad behavior in the
shale gas business. A good number of her wells have spewed toxins into the wells of quite a few farmers. so bad in fact that the state of Pennsylvania advised people to bathe and shower with the window open so as not to build up any combustibles.
Same thing is happening in Colorado.People driven from their homes due to toxic fumes in the air and in the water.
Author has it wrong--the industry needs more than a PR get up and go campaign. They need to re-examine the science and shore it up where needed and the industry needs to tell the Cabot's of the world that if they don't improve they'll be kicked out of the church.
Shale gas and oil are important to the US in the strategic long run and they way things are going we will all suffer if the industry doesn't face the realities. Thuis is their "Toyota Moment".
On Over-Hyped Bloom Energy Story [View article]
And of course, being an oil and gas guy I found it interesting that Bloom'sproduct needed nat gas.
Falklands Oil: High Stakes in the South Atlantic [View article]
Might want to bet on the North Basin first.
Exxon Hits Peak Oil...Reserves [View article]
Yes, XOM, saving the Obama admin. Who'd a thunk it.
Exxon Hits Peak Oil...Reserves [View article]
Penn Virginia: High Dividend Stocks With Strong Earnings [View article]
Betting Against Coal: A Green Lottery Ticket [View article]
And yes, the climate is changing, it is getting colder. Just like the East Anglia "scientists" said in their emails.
A Seller's Market for Junior Oil Plays [View article]
The Cardium is the play here and the reserves must double to get the money back.
Porter Stansberry: Pockets of Promise in Natural Gas and Oil [View article]
At this rate, oil may only go up in dollar terms, which leaves alot to think about.
Natural Gas: What a Difference a Year Could Make [View article]
It may be that XON not only is counting on new tech to disprove Simmons but on the verge of unleashing some new tech drilling and frcing process.
Inside Canada's New Natural Gas Play [View article]
Tom Akin: Don't Sell a Bullish Trend Until It Is Proven Otherwise [View article]
He is a trader in his approach, ergo the seeming paradox of his statements.bobbybutte has it right, this guy is looking for what's left and he'll trade your account 20 times to get it, thus the nature of a Quant.