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  • Oil Is Miss Priced Under $40 Especially For 2016  [View article]
    If you take the below to be true (or reasonably close), you get roughly
    5.78 billion bbls storage globally

    Can anyone confirm/expand upon this source?

    Total storage capacity (m³) 919,242,447
    Tank terminal facilities 4,295
    Ports / Cities 2,163
    Countries 156
    Database last updated 09/12/2015
    Dec 9, 2015. 11:31 PM | Likes Like |Link to Comment
  • Predicting A Bottom In Oil  [View article]
    the EIA was started in 1997-I'm surprised they're confident as far back as 1935 to be honest.
    at 19.11 MPBD average in 2014, that's a hair under 24 days of supply
    Sep 22, 2015. 11:50 PM | 1 Like Like |Link to Comment
  • Delay seen in oil price recovery, as increasingly the rock is the storage  [View news story]
    once the service company is on site, couple of days to ~2 weeks
    Mar 6, 2015. 07:31 PM | 2 Likes Like |Link to Comment
  • What Happened To 'Peak Oil'?  [View article]
    a great anthesis to the OPEC countries is Norway, most expensive gas in the developed world purely due to the taxes they pay.
    Jul 8, 2014. 12:34 AM | 1 Like Like |Link to Comment
  • What Happened To 'Peak Oil'?  [View article]
    great point - we covered this topic heavily in my energy policy class and the professor was a strong proponent of the cost and availability curves crossing over at some point - economics will determine when that peak is reached. all the while new technologies push out the economic peak as seen with shale. there's interesting research being done by the USGS (arguably the stalwart of the 'alphabet soups' of government entities) and Japan in the field on methane hydrates, probably not in our lifetime but there's always a hydrocarbon that could be produced as long as the economics make it a worthwhile endeavor
    Jul 8, 2014. 12:30 AM | 5 Likes Like |Link to Comment
  • Seadrill: If You Buy This Stock, What Are You Paying For?  [View article]
    Richard Kinder with KMI
    Oct 12, 2013. 04:13 AM | 1 Like Like |Link to Comment
  • Oversold And Undervalued: This High Dividend Stock Will Profit From Growing U.S. Exports  [View article]
    interesting article highlighting the complexities of RINs, looks like TLP might not be a bad place to be if you believe RIN prices will continue to rise

    Sep 20, 2013. 12:39 AM | Likes Like |Link to Comment
  • Buy Kinder Morgan Inc. For Exposure To Both Kinder Morgan Partners And El Paso Pipeline Partners  [View article]
    nice summary Clayton, I'm long KMI in my roth. The capital expenditures needed to gain a foothold as a toll collector in the hydrocarbon transport business checks the box of "having an economic moat" in my opinion.
    Aug 6, 2013. 04:09 PM | Likes Like |Link to Comment
  • Scientists eye fracking in Arctic and ocean floor  [View news story]
    Maybe in the future, but probably not in the lifetime of the Gorgon LNG project. This isn't the type of thing that will become commercially viable overnight, but the potential is incredible.

    Here's some great reading on the subject directly from the USGS:

    A more journalistic read on the matter:
    Jul 30, 2013. 12:44 AM | Likes Like |Link to Comment
  • How To Pick A Value Investment For Dividend Growth And Success  [View article]
    picked BBL up in the 52's a few weeks ago, with the scale and variation of their business units, it's practically like buying a materials ETF, long BBL
    Jul 29, 2013. 07:24 AM | Likes Like |Link to Comment
  • RINs And Biofuels Dominate Valero Conference Call  [View article]
    two words: blend wall
    Jul 25, 2013. 04:26 PM | Likes Like |Link to Comment
  • Eni: Undervalued And Positioned To Profit From Growing Asian Natural Gas Demand  [View article]
    LNG plans underway in Mozambique and Israel.
    Hydraulic fracturing moratorium lifted in South Africa.
    Jul 25, 2013. 04:18 PM | Likes Like |Link to Comment
  • Eni: Undervalued And Positioned To Profit From Growing Asian Natural Gas Demand  [View article]
    I'll start making my crow sandwich but I'm having a heck of a time finding a timely and credible source online, please post a link if you've found something. In the interest of all of the majors in Europe, I'd place Eni behind RDS, BP, STO, and TOT
    Jul 24, 2013. 03:58 PM | Likes Like |Link to Comment
  • Eni: Undervalued And Positioned To Profit From Growing Asian Natural Gas Demand  [View article]
    You lay out an interesting case, but I find it hard to put my money (and faith) in a nationalized energy company. I think the price is appropriately representative of their:
    -unsteady dividend record
    -operations in countries with less than stable environments for business
    -corruption charges through their subsidiary Saipem

    To me it's at best the 3rd best national energy company in Europe (behind STO and TOT) which isn't saying that much. Best of luck if you have skin in the game, but I believe I'll "do business" elsewhere.
    Jul 24, 2013. 03:53 AM | 2 Likes Like |Link to Comment
  • ConocoPhillips Worth Far More, Management's Forecasts Suggest  [View article]
    I think APA and APC are solid E&P companies, but COP's market cap is approximately both of them combined, plus the dividend being a high priority of the board is added insurance imo

    long COP
    Jul 22, 2013. 12:02 AM | 1 Like Like |Link to Comment