Loup-Garou

Why Is Oil Creeping Back Up?

Just a guess, but it is conceivable there are some Sovereign Wealth Funds doing all they can to drive up oil prices.This includes taling large positions in futures markets.

In the middle east, social unrest comes when the government can no longer pay for services wanted by citizens. (applies domestically also).

Considering the declared policies of this administration and Congress, there is a huge risk in owning any U.S. based oil stock. Payback and punitive measures are now policy in the U.S. For risk aversive folks (moi) companies outside U.S. look more attractive.

Top 10 Energy Stocks and an Overlooked Power Fund

Excellent article, with informative comments. Thanks.

For a couple of years I have thought the government might issue vouchers for gasoline, to avert social unrest in the U. S. Yesterday a comment on a blog expanded that to include food.

Which means the U.S. government will effectively subsidize/underwrite prices if crude goes "too high".

The Good, The Bad, And the Inaccurate Oil Forecasts

So far, the comments seem more valuable and informative than the article.

In the stock and commodities markets it is usually easier to predict WHAT is

going to happen than WHEN it is going to happen.

The next terrorist attack of scale will drive oil over $100. Sure. But when?

2009 Oil Forecast Down to $50 - TD Newcrest

Patience will likely pay off. Roger Conrad likes this stock--of course he is a great bull on oil. It is a fairly large operation. I own it and am happy with it so far.

Provident Energy Trust: Income for Today and Tomorrow

Great article. My thanks to everyone who posted comments.

They are lucid, reassuring, and useful.

People who like the Canroys come across as a decent bunch.

Geologist: In Terms of Supply and Demand, the Oil Peak Is Past

Great article. As usual, comments are even better than the article.

The talking heads on TV make it sound as though oil will be replaced by the alternatives, tomorrow, or next week at latest. Meanwhile, don't invest in a buggywhip factory as we said in the 30s.

Oil will be around until affordable alternatives get here.

The Market's View on Oil

A month and a half back, T. Boone said oil would reach $150 before it reached $100. And he seemed to think the $150 would be "before the end of the year".

Maybe oil goes to $30 as one gentleman wrote yesterday.......and maybe all our cars will run on moonbeams.

Meanwhile, Pelosi sabotages all attempts at American energy independence.
So I will stick with T. Boone until the string runs out.

CANROYs Remain Attractive as Oil-Related Investments

Mr. Yetiv, thank you for a good exposition. Weep for America...living in a dreamworld where Russian control of the Georgian pipelines does not matter, Pelosi as dictator stopping American energy independence, and Congress putting green before citizens lives and lifestyle.

The geopolitical forces are at work on oil prices. Canada with secondary and tertiary recoveries is a great blessing to the States. Canroys make lots of mistakes, but get bailed out by high crude prices. At their worst, most are still good investments. The old "businessman's risk" as Forbes Mag. used to say.

Thanks, write more.

$200 Oil: Before Decade's End, Not Year's

Exceellent article. The comments are even better, except for the confused fellow re: decade.

Nobody Cares How the Energy Crisis Gets Solved

There is a refinery 7 miles from my house here in California. A couple of weeks ago gas was $4.55 a gallon. Now it has slid to about $4.11, depending on the station. Diesel costs are all over the place, but generally 80 cents or more per gallon than regular unleaded.

There are plenty of people here who would be perfectly happy to see gasoline at $9 to $11 a gallon "just like in Europe". They figure then people would drive less and "quit destroying mother earth...".

It is true that as prices slide, people use more...they want cheap gasoline.

California gas is formulated to pollute less, but it tends to give very poor mileage...so to make up for the loss of mileage you have to buy more gas. It is a delight to go to Arizona or Nevada, and load up gas...it gives better mileage, and costs about 50-55 cents per gallon less.

T. Boone has some pretty good ideas, but they won't solve the "crisis".

Oil Prices, Global GDP, and Net Oil Exports

An extremely helpful article. The chart is breathtaking.

If you believe that in the oil markets prices are set at

the margins, then higher prices can be anticipated.

UBS Analyst: Energy Trusts Offer Exceptional Value

Thank you Mr. Eliot Miller, for your good words.

These stocks are pink sheet in U.S., but trade legitimately on the Canadian exchange--Toronto I think.

Vermilion has assets in France, which if a negative to me because of French labor laws. Crescent is certainly a "Businessman's Risk", as the old Forbes magazine used to say.

Confirmatory Bias and Oil Investing

Politics, domestic and international, has a tremendous effect on oil prices. There is no physical lack of oil under the surface. My estimate is the Saudi lift price per barrel is $5 or so. Whether they can or cannot increase production, and by what factor, is a matter of great dispute. Guessing which way the oil price cat will jump requires a lot of attention to the human political factor in addition to the physical and geologic factors.

Gas Lines Coming This Fall

America has a problem that is not, at bottom, an energy problem.
America is in a chaotic state of denial, and lacks any concensus, any focussing of the political will of this country to do what is necessary to survive. Our present course is suicidal.

Czarist Russia in February 1917 had an implosion, not a Revolution. The government could not function, and the bread riots followed the pattern of the bread riots of the French Revolution over 100 years earlier. The Czar left the scene.

October, 1917, was not a Revolution, as advertised, but a short-lived coup d'etat by the Bolsheviks. The actual Revolution started a bit later when ordinary people realized their country had been hijacked. The Bolsheviks re-named themselves "Communists" in a PR move, in case you forgot.

When the bread riots and the gasoline riots start in America, this will signal the beginning of the end. It will be war. As a Russian military instructor taught, "War is War...War is kill or be killed."

Want to survive? Buy into companies outside the U.S.A. Brazil and Canada come to mind.

The Long Case for Canadian Oil Sands Trust

The comments are a bit more interesting and informative than the article. Keep up the good work.