OIL Forum Topics
- All Comments on OIL
- General Discussion on OIL
- Lufkin Industries Up as Oil Prices Surge [view article]
- A Glut of Petroleum Products [view article]
- Confirmatory Bias and Oil Investing - Continued [view article]
- Husky Energy: High Yielding Oil Play [view article]
- The Oil Bubble Will Meet the Same Fate as Tech, Housing [view article]
- Light and Sweet: Oil ETFs Ranked [view article]
- Does Al Gore Finally Get It? [view article]
- Oil and Energy Stock Correlation [view article]
- Asset Class Correlations [view article]
- The Dow, Housing, Oil and Credit Cards [view article]
- U.S. Markets: Is it Time to Throw Caution to the Wind? [view article]
- Is the Global Economy Drowning in a Sea of Black Gold? [view article]
loading ...Recent OIL Articles
- Bespoke's Commodity Snapshot (7/23/08)
- Confirmatory Bias and Oil Investing - Continued
- A Glut of Petroleum Products
- Light and Sweet: Oil ETFs Ranked
- Husky Energy: High Yielding Oil Play
- Oil and Energy Stock Correlation
- Asset Class Correlations
- Gannon On Investing's July 2008 Blogger Roundtable
- Oil Sands: Will the 'Greens' Cause Us to Miss Out?
- When Does an Energy Investor Make Money?
- Full List of Articles »
Lufkin Industries Up as Oil Prices Surge [view article]
I run a quant based stock picking system, and just to let you know you are not alone, it identified this stock as a good buy on the basis of a favorable risk/reward metric.I run the data on all companies in an index, so I don't know what the market thinks of it. Then again, listening to the market chatter is more likely to hinder a decision to invest rather than to assist.
It will be in my portfolio today, and I'm sorry I didn't find it sooner. Reply
A Glut of Petroleum Products [view article]
i didn't know that either, and I don't think it is correct, see bottom of tonto.eia.doe.gov/dnav... . So stocks seem to be based on compulsory surveys with a response rate of 98-100%. Now that still leaves the possibility that these respondents themselves model rather than measure the stocks, but that is unlikely, as it is simply easier for a refinery/port/etc to read their meters rather than devise a model. dieuwer, if you have any other serious info, please provide. ReplyConfirmatory Bias and Oil Investing - Continued [view article]
Too, too true. Also applies to man caused global warming, tulip mania, Y2K doomsday scenario, cost effective "recycling", ad infinitum.We are as sheep, herded by a self serving academia and pseudo intellectuals aided and abetted by power-at-any-price politicians.
Reply
Husky Energy: High Yielding Oil Play [view article]
The level of commentary has surely sunk to a new low. Just because a multibillion dollar company does not want to pay ridiculous US listing fees and do the Sarbanes-Oxley thing means morons can write it off as "pink sheets". After going through their quarterly results I hope these guys shorted the stock! Replyg
A Glut of Petroleum Products [view article]
dieuwer: No I didn't know that. What makes you say that? Any links?Reply
The Oil Bubble Will Meet the Same Fate as Tech, Housing [view article]
The supply-demand argue for high crude price, the key questions is how high crude should/would be if we only consider the today's fundamental factors ($50-$70 cited in some media outlets). If tomorrow is today and so on, everything is constant and grows in linear relationship, I would agree the crude could go higher from current level, but reality is the crude was trade as commodities prior to 90's, and today much more asset than commodities, market sentiments and psychologies may have outweighted the supply-demand. ReplyLight and Sweet: Oil ETFs Ranked [view article]
One last thing:There are other futures exchanges growing around the world that traders will start to use, if the U.S. Congress becomes too burdensome. Here is an article about a few:
globalcapital.blogspot... Reply
Light and Sweet: Oil ETFs Ranked [view article]
Lee, I have written about the consequences of Congressional meddling in the financial markets on my own blog. Some consequences include:1) Capital flight. This will further collapse the Dollar and hasten the movement away from the USD as the world's primary reserve currency. It will also cause greater inflation
2) Commodities will go to countries that are willing to pay for them. This will cause shortages in the U.S. as politicians resort to more and more strong-arm tactics to reign in inflation.
3) The super rich, instead of buying the futures, will simply use their wealth to buy the assets that produce the commodities instead. Instead of buying oil or grain futures, they'll buy the land on which they are grown or from which they are extracted, instead. Same with metals; they'll buy the mines. In rapidly higher inflation, its easy to buy the oil well and just sit on it, waiting for prices to rise.
Study Hugo Chavez' methods in Venezuela. The U.S. Congress isn't that far behind Chavez in their methods -- or in the results they'll obtain. Hyperinflation, plunging production, shortages! Reply
Light and Sweet: Oil ETFs Ranked [view article]
You forgot some of the best oil ETFs in the stable. Deutsche Bank has some new ones to short the crude oil market also. These have grown by leaps and bounds. Check out DXO, DTO, SZO, and OLO. There are others, also. ReplyMcClatchy
at
ETFzone.com
Light and Sweet: Oil ETFs Ranked [view article]
Dear Lee,There is a recent surge in speculation, no doubt about it, and at least temporarily that has to have impacted prices. Long-term it should stimulate production of all types of energy and not affect prices so dramatically. I suspect that the big institutional funds serving pension plans will simply go to London and trade Brent Sea crude or Middle Eastern varieties, and these funds represent the lion's share of the financial buyers (not oil industry players) in the market. Smaller amounts of capital in the hands of individual investors may be dissuaded. USO and OIL use wait until the regulators come knocking on the door but they are simply long at all times. I am having a hard time picturing how regulators could put the ETFs out of business without yanking many, many other players with vast amounts of capital out of the futures markets. Seems unlikely to me. Hope that helps.
-Will McClatchy Reply
A Glut of Petroleum Products [view article]
You know that these numbers are modeled, right? No one actually measured the inventories. ReplyA Glut of Petroleum Products [view article]
What are you guys somking? The crude oil inventories and at record levels below average. Hey put down that hookah and rethink the numbers so you don't get laughed off the court. CERA likes you. ReplyDoes Al Gore Finally Get It? [view article]
Igorisky: not sure where you got the 10x number on CO2 absorbtion, but i pretty much concur with all of your observations and prognostications. as you said, we are seeing more and more evidence every week, month, and year that goes by and the climate swings are more drastic and happening ever faster. that is one reason i recently added the blurb about population control in my energy policy:thefitzman.blogspot.co...
however, from a humane perspective, i am against enforcing a population control policy. at the same time, i am a big fan of education...and if we only had world leaders that would discuss the energy, pollution, and natural resource strain of population growth, perhaps it would help. Reply
A Glut of Petroleum Products [view article]
To summarize your numbers:- distillate inventory is ~9m bpd over average (about 7%)
- gasoline inventory is ~6m bpd over agerage (about 3%)
- crude inventory is ~35m bpd below average (about 12%)
Reply
Husky Energy: High Yielding Oil Play [view article]
you have got to be kidding, 4% is Not a high yield and it only provides a "cushion" of a fall of about $2.50 in this stock, which probably lasted until about 11:30am today! (since 9:30a) Reply