Seeking Alpha

It may not happen this year, but political stability and shallow waters are sure to entice Royal...

It may not happen this year, but political stability and shallow waters are sure to entice Royal Dutch Shell (RDS.A) and other oil majors to return to drill in northern Alaska's seas. Exxon is at the center of a dispute in Iraq, oil is regularly stolen from Shell's Nigeria pipelines, and BP and Statoil are reviewing operations in North Africa after a deadly gas plant siege. The Arctic has no such risks. (also)
Comments (2)
  • rjj1960
    , contributor
    Comments (1361) | Send Message
     
    What about buying U.S based companies with land and proven reserves??? Seems safer to me but what do I know.
    12 Feb 2013, 02:43 PM Reply Like
  • Veritas1010
    , contributor
    Comments (1351) | Send Message
     
    I agree with rjj1960. More of the COP management approach at the moment. Be safe, look inward. But, sell what you can internationally if the opportunity presents itself!

     

    "The Arctic has no such risks". Hmmm, maybe from geopolitical instability, but environmental disaster and huge understatement of costs due to climate change adversities and just being the Arctic.

     

    "No risks..."; how do you get hired to write this stuff???
    13 Feb 2013, 11:36 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|