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  • What’s the Right Price for Oil? [View article]
    The current economic crisis has created the perfect opportunity for oil related investments (like oil sands, deep sea oil, field services, etc):

    1) Many key oil E&P projects have been shelved due to low oil prices and the scarcity of investment capital.
    2) Demand has dropped enough to tumble prices and discourage any serious alternative energy projects.
    3) The current low oil prices have fooled most people into thinking that $147 oil was a one time aberration and most have gone back to their wasteful ways.

    In the near future (circa 2015) after the economy has recovered and oil demand returns to its pre-July 2008 trajectory, $147 oil will seem like a bargain.
    Feb 12 13:53 pm |Rating: +4 -1 |Link to Comment
  • Too Soon to Re-enter Oil Stocks? [View article]
    Perfect time to buy; Low stock prices, end of summer driving season is near and winter heating season will begin soon. Historically, late August to early September are excellent entry points for oil stocks.
    Aug 13 10:55 am |Rating: 0 -1 |Link to Comment
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