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  • Deflation Is Already Here: How To Profit  [View article]
    This is little more than an advertisement. SA needs to police this, reducing solicitations.
    Feb 1, 2016. 04:41 AM | 4 Likes Like |Link to Comment
  • Oil Musings  [View article]
    High 70's here in NE Texas, so Natty getting NO help. Where is Winter's consumptive event?

    There is just Too Much of everything, except Consumptive Demand. Oh wait, the increasing demand for FANG type devices and services just doesn't increase demand for petroleum products.
    Jan 31, 2016. 04:35 PM | Likes Like |Link to Comment
  • The Time To Hedge Is Now! Counter Trend Rally Provides Better Entry Prices  [View article]
    Mr. Bern,

    I share your concerns over Bear Sightings. I do believe a BEAR has arrived!

    I read your article on Zions and their exposure to Energy Lending. It appears it is your derivative play on the over levered energy sector and threatening bear market bankruptcy(s).

    How are you handling Domestic Energy directly?
    Jan 31, 2016. 03:32 AM | 1 Like Like |Link to Comment
  • 3 Things: Fed Error, Houston R/E, No Bounce?  [View article]
    "The high degree of risk of further declines in February would likely result in a confirmation of the bear market.This is not a market to be trifled with. Caution is advised. "

    CASH is King!
    Jan 29, 2016. 06:12 AM | 1 Like Like |Link to Comment
  • Quick Chat 287   [View instapost]

    Margins are squeezed for the downstream, Refiners. The next domino to fall is the downstream with the spread between the crudes being eliminated, for the most part, due to export bans being dropped. Ok, we can export crude. Now, at what price and where did it help?

    The Petrochemical Downstream is in full M&A to make ends meet. The numerous Domestic Plant Expansions and commissionings are being slow walked because their numerous products can't be sold for a reasonable profit. This at a time inlet feed stocks are cheaper than ever. Uh Oh.

    Domestically, we are in a Terrible Shape, can't make a reasonable profit just about any where.

    Sell while you have money left? If circumstances remain Lower for Longer, then CASH may truly be the KIng?
    Jan 28, 2016. 08:50 PM | 4 Likes Like |Link to Comment
  • Invest in a more conservative crop of MLPs, Stifel suggests  [View news story]
    And DPM held their distribution flat, great news Hamp!
    Jan 28, 2016. 05:26 PM | Likes Like |Link to Comment
  • SandRidge - Abandon All Hope, Ye Who Enter Here  [View article]
    Lessons like this can be disastrously expensive. At my elderly age I am still in school. It is a blessing to learn from others mistakes, maybe not duplicating them.!
    Jan 28, 2016. 05:17 PM | 2 Likes Like |Link to Comment
  • Invest in a more conservative crop of MLPs, Stifel suggests  [View news story]

    Yikes, but it is good to be optimistic. This is a Tsunami, domestically and fast becoming overwhelming. And add to that a warm winter. Yikes again!!
    Jan 28, 2016. 05:13 PM | 1 Like Like |Link to Comment
  • Plunging Oil Rig Count Has No Impact On U.S. Oil Production - More Pain Ahead  [View article]
    World wide Over Production has storage/tankers full, waiting for any buyer at any LOW price. Africa Onshore is beginning to slow down drilling operations, waiting on delivery infrastructure to catch up, the hold up. They are bringing on well after well at 20,000 bopd above 5000'.

    So many World Class Reservoirs that require far less CapX versus Shale. At the same time many Nat Gas Projects are be mothballed and shelved, Australia for one.

    Petrochemical can't sale product, even as feedstock is so, so cheap.

    The Domestic PAIN goes into 2017, Canada included. Not even Exxon is a buyer, yet. So, bottom is in when Exxon buys, likely after bankruptcies. What is being forced in a sale is bringing pennies on the dollar. Ok, you bought it. Now what do you do with it in this market? Private Equity Buyers are finding that, the hard way.
    Jan 28, 2016. 05:03 PM | 2 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    I have been adding almost daily to Muni CEF positions. All but one is in the green and I don't like adding big when there is so much green on the screen. Such a bad problem, yee haa!

    Saudia Arabia and Russia are really over producing and that fact could exacerbate domestic producer problems greatly, pushing a meaningful/real bottom into 2017.

    Harold Hamm hollered calf rope this week and that speaks loudly to the concern I have domestically.

    The Midstream is in deep doodoo as wellhead production declines, another domino about to fall. Add the warm winter to that and storage withdraw will be very light overall, but April is the assessing month for storage eval.

    Any one heard Trump's Energy Policy?
    Jan 28, 2016. 04:46 PM | 3 Likes Like |Link to Comment
  • The Time To Hedge Is Now: A New Energy-Related Candidate  [View article]
    WTI headed back in 20s to accomplish the carnage. Natty is NO help as warm winter weather rules.

    Maybe sometime in 2017 bottom is reached, OR when Exxon starts buying distressed reserve assets.
    Jan 28, 2016. 01:02 PM | 1 Like Like |Link to Comment
  • Quick Chat 287   [View instapost]
    Shorting Oil, looking for another dive.
    Jan 28, 2016. 12:28 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan: Undervalued Or Value Trap?  [View article]
    Toll Roads need vehicles to make money, the more vehicles the more money made.

    With the Rig Count diving one can expect volumes/throughputs to decline. Usually, when wellhead production/throughputs decline Pipelines fight/compete for production, squeezing toll road margins.

    Going forward, yikes! Be careful!
    Jan 28, 2016. 06:52 AM | 7 Likes Like |Link to Comment
  • Oil Prices - The Epoch Day Ahead  [View article]
    Man, What a difference a day makes!

    Oil headed "Lower For Longer"?
    Jan 27, 2016. 07:09 AM | 1 Like Like |Link to Comment
  • Don't Buy Fossil Fuel Stocks - Cramer's Lightning Round (1/26/16)  [View article]
    Watch for Exxon to start buying in the distressed reserve market "Bottom Reached". The bottom won't likely be known until the Acquirers step up. Big Private Equity Funds are stepping back, not up. Bottom will occur, but maybe not until 2017 "Lower for Longer".

    The Petrochemical Complex is now showing weakness at a time when feedstock is so cheap, UH OH?

    The Recession started in the first week of December. Producing State Budgets are in big trouble, but that is being kept quiet for the time being.
    Jan 27, 2016. 06:35 AM | Likes Like |Link to Comment