Rearranging an Energy Portfolio Geographically [View article]
Peak Oil still applies.
Throwin the baby out with the bathwater is now ragin-
Go for dividend play with good prospects.
Iran, Nigeria, declining fields of major reserves aka Mexico, Prudoe Bay, NorthSea Oil, et al -perhaps even Saudi reserves gives rise to big returns somewhere down the road. Canadian Oil might provide a currency appreciation also.
Demand destruction is not happening -switchover to smaller more fuel effective and smaller cars & trucks shouldn't be termed demand destruction. I don't see less driving or cars on the road. Eighty-five million barrels a day worldwide isn't going to drop to Sixty-Five million barrels any day soon. Especially in places that have billions of people that desire to own the freedom that an auto allows and that have the wherewithall to purchase.
This isn't early1980s when the Alaskan pipeline came online, and the North sea oilfield, plus the giant Mexico oilfield,Cantrell, began production.
This time,unless technology intervenes, we are going to set a new price floor for oil because its damn difficult to process Oilsand, Bakken Shield and Barnett Shale.
Oil Majors Sitting Pretty with Cash [View article]
Cheap Crude: A Flash in the (Oil) Pan [View article]
In China 2 stocks that are into Natural gas refueling stations for Autos is SNEN and CHNG
Rearranging an Energy Portfolio Geographically [View article]
Throwin the baby out with the bathwater is now ragin-
Go for dividend play with good prospects.
Iran, Nigeria, declining fields of major reserves aka Mexico, Prudoe Bay, NorthSea Oil, et al -perhaps even Saudi reserves gives rise to big returns somewhere down the road.
Canadian Oil might provide a currency appreciation also.
If you have testes of steel
Still an Oil Bull, Lame or Not [View article]
This isn't early1980s when the Alaskan pipeline came online, and the North sea oilfield, plus the giant Mexico oilfield,Cantrell, began production.
This time,unless technology intervenes, we are going to set a new price floor for oil because its damn difficult to process Oilsand, Bakken Shield and Barnett Shale.