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  • Canada seeks new crude customers as Keystone languishes, Rickford says [View news story]
    Obama keeps insulting America's best friend looking a gift horse in the mouth. Canada has always supported America and does not deserve this and so you really can not blame them for having had enough and looking for alternatives.
    Apr 15, 2015. 11:00 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Nokia Seals $16.6B Alcatel-Lucent Deal [View article]
    ;-) - that may not be a problem. Its those getting 100 milion in stock options that are the problem.
    Apr 15, 2015. 10:53 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Nokia Seals $16.6B Alcatel-Lucent Deal [View article]
    The issue is not so much what they make as it is the need to have decent employment opportunities for the average Joe. after all, the American economy is to a large degree based on consumption which is based on the health of the consumer. All stake holders need to win in order to have long term economic success for America and the world - employees, management, communities all need to get a fair piece of the pie. Having said the above, some CEO pay is ridiculously high just like some employees are way under paid.
    Apr 15, 2015. 10:51 AM | 3 Likes Like |Link to Comment
  • Encana Poised For Major Profit Growth Through Natural Gas Exports [View article]
    Encana has some of the best rock in America and Canada when it comes to both natural gas and oil. They have also done very well with their nat gas hedging program as most 2015 gas is hedged at $4.28. They have in recent years also started to shift to a more balanced production model (more oil and liquids) where the last two purchases (Permian and Eagle Ford) will go a long way towards increasing their oil production. The timing on these purchases could have been better but in both cases they were buying quality acres that will pay off for them. Encana is also strong from a technical perspective being one off the leaders in multi well pad drilling technology as well as fracking. I expect that they will use their technical capability to lever their positions (Especially in their Permian acreage were horizontal and multi well pad drilling were non existent before they bought those properties. With natural gas, when the tide turns, the most certainly have the acres and the reserves to take advantage of it and in the mean time they have adapted to the low prices better than most. In the Haynesville play, they were refracking old wells resulting in some very good results - increased production at low cost - approx $1/ tcfm.
    JMO - Long ECA
    Apr 14, 2015. 11:22 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Nokia Confirms Advanced Merger Talks With Alcatel-Lucent [View article]
    I never did have much use for any trade deals with the likes of Mexico. How can you get anything fair out of a place where the rule of law is non existent, corruption is the order of the day and the Drug Lords are the defaced government in many places. All the trade opportunity America has given them has resulted in zero for most of the people and a cornerstone of capitalism is IMO benefits for the masses that will continue to feed and allow capitalism to grow. So we are just shooting ourselves in the foot with places like Mexico.

    JMO in an ever changing world!!!
    Apr 14, 2015. 11:04 AM | 3 Likes Like |Link to Comment
  • Encana on the move after upgrade [View news story]
    ECA is in the best plays for oil and Natural gas. They have adjusted to the low price of gas and are in a position to grow rapidly in Oil - very good potential IMO. Long ECA.
    Apr 13, 2015. 09:46 AM | Likes Like |Link to Comment
  • Natural Gas Falls Off The Edge Of The Cliff [View article]
    So the industry keeps drilling its best prospects and selling gas for peanuts as the game becomes on of trying to out survive your competition. The other thing they are doing is also selling gas forward which is also becoming a loosing proposition for many as that price drops as well. Rig count is dropping because the economics of many fields at today's prices just is not profitable. Eventually reality will catch up and we will see a more sustainable price. JMO
    Apr 13, 2015. 09:42 AM | 7 Likes Like |Link to Comment
  • Aluminum catching on in Detroit [View news story]
    Why would anyone pay more money for a Ford over another manufacturer??
    Apr 11, 2015. 06:10 PM | 2 Likes Like |Link to Comment
  • Aluminum catching on in Detroit [View news story]
    Now that they have moved to aluminum, that may change going forward. Especially when people figure out that the gas millage isn't there and that repairs are very expensive. Steel gives the other manufacturers a big advantage in costs all around.
    Apr 11, 2015. 06:06 PM | 2 Likes Like |Link to Comment
  • Aluminum catching on in Detroit [View news story]
    Also just wait till the insurance companies adjust rates for aluminum vehicles to reflect the higher repair costs - if they have not already. As for F150 reviews, the likes of Road and Track rarely write bad reviews as they are overly dependent on advertising and the trusted publications like Consumers Report and Lemonade will not have enough history for a few years at least till they can tell. Based on my experience with North American Auto and new innovations, its buyer be ware as they are more likely to get it wrong before they get it right! JMO
    Apr 11, 2015. 09:47 AM | 6 Likes Like |Link to Comment
  • Aluminum catching on in Detroit [View news story]
    Aluminum is expensive, harder and way more expensive to repair and the newer steels developed and being developed mean that the weight difference is not nearly what it once was. The F150 is not selling as well as it was expected to either and other trucks get better millage. You can haul more with the Ford but most trucks I see tend not to be hauling anything and the average truck can haul plenty when needed anyway. Even with corrosion, road salt and pollution eats aluminum as well as steel.
    IMO - aluminum is not the way to go.
    Apr 11, 2015. 09:37 AM | 7 Likes Like |Link to Comment
  • Stalled pipeline projects threaten Canada‚Äôs economic future, banker warns [View news story]
    Junior is one who has had a privileged childhood followed by a sheltered career as a school teacher prior to entering politics. Unlike his father who prior to becoming party leader had lots of experience on the world stage and politics back rooms, junior has none. Not exactly good credentials for leading a country.
    Apr 10, 2015. 09:26 AM | 2 Likes Like |Link to Comment
  • Study finds rising radon levels in Pennsylvania homes amid fracking surge [View news story]
    Not to debate frackings impact on increased radon levels but the easy solution to radon problems is to vent it. Radon has been vented from buildings that have high levels for years.
    Apr 10, 2015. 09:19 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Nikkei Retreats From 15-Year High [View article]
    The easy fix for radon is to vent it as they have been doing for quite some time in homes where its been a problem. Some areas just more prone to radon gas than other areas and where this is the case, the solution is to vent it. This is not to say that fracking does not contribute to it but to say that there is a known solution to the problem.
    Apr 10, 2015. 09:14 AM | 8 Likes Like |Link to Comment
  • Lumber Liquidators, Formaldehyde And Asbestos [View article]
    When buying anything from a Chinese manufacturer its buyer beware as very tight monitoring and controls are required if you really want to know what you are getting. Rules are minimal and just about anything goes over their.
    Apr 9, 2015. 03:56 PM | 1 Like Like |Link to Comment