OilyGasMiner

Peak Oil, Cars, and Depressions

Great Post Jim, I think we must always be aware that peak oil is a definite possibility. Obama has spoken of adding more resources to Nuclear Energy production and I believe he will carry out the policy as he assumes power in January. If you recall carbon taxes on oil and mining companies were increased, and i suspect that this was done with an intention to finance both nuclear and other alternative energy resources, such as solar and wind. However the real gems I believe are in the undervalued mining and oil companies in Canada, especially the junior firms. Many are trading well below cash and this indicates to me a substantial blessing in disguise. As people focus on other industries many of us alike ;) will have the ability to pick up some cheap picks and ride the train when commodities rebound. I do appreciate your post, and if you feel my points are valid, I'd encourage you to check out the sub cash firms.. I got a decent sized list at: stockresearchportal.co....

Cheers,

OilyGasMiner

Is Hyperinflation on the Horizon?

With trillions being pumped into our economy, and the lowered interest rates.. this indicates to me a massive devaluation of currency, leading to higher prices to compensate for the rising cost of living. However it is important to note where the actual cash is being deployed. As it is going to institutions rather than the consumer directly, the likelihood of inflation is reduced. However if the bailout is carried out as intended, and trickles down, I can see hyperinflation starting to develop over the next few months

Oil Breaks Below $60

I find it interesting that market forces and selling pressure has defeated OPEC’s efforts to cut supply to artificially boost prices. This is clear indication that we are heading deeper into a recession. The question is will continual supply reductions result in an upward movement of the price per barrel? Or will the market NOT react until the financial sector has been catered to by the new Obama regime? In either case NOW is a prime opportunity to take hold of undervalued oil equities, or perhaps the purchase of oil futures. I’ve been scoping the Canadian market for opportunities as I find that this will yield the greater return relative to the US. Their economy is more sound, and regardless of the notion that the contagion will tank their economy, we are finding that the opposite is true. They are many prospects trading below cash value that will result in a handsome reward for those who are patient and willing to wait. For Cdn I personally use the Canadian portal at www.stockresearchporta... that some of you might find helpful. Don’t get me wrong, I’m not saying to buy today, tomorrow, or next week. The key issue is that no one can foresee the bottom. No technical analyst or equity analyst for that matter. We are living in unprecedented times, and let’s face it, the majority of our market analysts ARE YOUNG. What does that mean? It means they have no experience of situations of this magnitude. We ought to get back to our history books and review the past trends during the depression and get ourselves properly educated to brace the stormy markets ahead. We must be patient, and we must be knowledgeable. Be prepared.

OPEC to Cut Production at Friday Meeting, but Will Prices React?

Kathy if OPEC's actions is not collusion, I don't know what is. What happened to "free market forces"? Prices will sharply rise relatively to the current levels next week. As their meetings are always in favour of the cartels and NEVER for the retailer. Why would they care? They only want to fatten their pockets. My question is: how do we get back at them?

Canada's Petro Canad reported increase in profits by 61% and the stock has only moved 5%. There are MANY plays like this out there. And to STICK IT to these colluders, I propose taking advantage of the mass undervaluation in the market. But, a word of wisdom. 1) be slow to act, as actions will have lengthy repercussions. 2) conduct proper due diligence ( don't be afraid to call an analyst, or share your ideas with a friend. 3) don't lose money.

Whither Canada's Tar Sands?

Let's not forget alternative energy.

Wrong board? NO.

Alternative, believe it or not is quite dependent on oil. How?

FUNDING. Alas. the Light. The majority of tax breaks and grants given to A-Energy companies are from the carbon taxes enforced on large oil producers.. eg. Exxon.

If oil companies are producing less... guess what? profits will be less... and... you GOT IT! the gov revenue from carbon taxes will be less, resulting in less funds and breaks given to alternative energy players.

Ironic isn't it?

Oil Bull Market on Hold, Demand Should Keep Growing

Credit and liquidity need to be fixed in order for anything to go back
up. This bear market will last a while... could be 2 years. Once the
financial institutions get their cash, they can free up some credit
which can help businesses. Businesses will spend, hire, and hopefully
stabilize unemployment in time. Common folks will need some time to
save up for their new car or a home due to tighter credit
requirements. So dunno how long everything will take to improve, but
only time can tell.

Oil & Gas Headed Lower as Economy Strikes Consumers

Michael you speak the truth, the OPEC countries are hurting while the North Americans get a sigh of relief at the pumps. There are so many factors influencing the recent declines, and it thus it is difficult to pinpoint the areas of the true SOURCE of the matter. A key issue that got us here in the first place that alot of us ignore is the role of the credit agencies. They failed to properly re-assess the mortgages.. and held stead fast on ratings even though AAA were being mixed with CCC toxic bonds. We need to address the ROOTS of the problem rather than catering to the simple symptoms.

"Peak Oil Pundit" Predicts Rally to $500 a Barrel

Great post Will! When Rainwater & Pickens start speak highly of Simmons, you just have to listen. Well I mean how can you ignore someone whose made accurate predictions in the past? In either case its interesting to see Senators beginning to listen and take heed. I can’t fathom seeing crude at $500 with gas at $10/gallon… but given the state of the market, uncertainty.. collapse after collapse, I think this idea only becomes stronger each day in the minds of many investors, including myself.
Valuing Mining Companies