Steven Ward

Fadel Gheit: Oil Prices to Remain Inflated but Don't Pass on Gas

I don't think it matters one whit whether Gheit is wrong or right on the financial manipulation theory. Fact is: he stated it will keep prices high for quite some time.

Demand or manipulation, oil prices will remain high.
So invest accordingly.

Is Exxon Betting on $100 Oil?

XOM along with Total has been excellent in ROI and ROE. XOM is losing production, pumping less each quarter. clearly, XOM views Africa as long term and I agree with the other blogger who suggests long term here is 10 to 15 years out.

It isn't bad having a Chinese partner who can legally do things with the host government you can't. Or a proven African partner like Total whose French government keeps a special and semi secret intelligence organization whose sole purpose is the French corporate colonization of former African colonies.
Yeah, XOM is looking at the long term, alright. We just don't know who her partners are going to be yet.

Five North American Natural Gas Buys

Buy NG when the vast majority of the NG Bulls throw in the towel. They need to get crushed, like the pricing of NG. Then have patience for about 18 months to two years.