A group of Calgary energy entrepreneurs has a novel idea – that could have much lower capital costs and much lower operating costs – for getting Canadian natural gas to Korea and other Asian markets. Building LNG (Liquid Natural Gas) terminals on tidewater in western North America has been a tough sell.  High costs, environmental[...]

Surprisingly…….the most bullish recent piece of news for the price of oil in 2020 DID NOT come from the Middle East. Not that the massive escalation of Middle East issues with the killing of Iran’s top general isn’t hugely bullish news for oil. However, the bomb that the oil service company Core Labs (CLB:NYSE) dropped[...]

Everyone thinks Facebook is a great stock—and it is; the 10 year chart says so. But investors are forgetting that Facebook stock stumbled badly after its IPO, losing almost 2/3rds of its opening day high of $45.  It took roughly 18 months for the stock to hit new highs—and then it never looked back, going[...]

The latest table pounding buy for the oil sector was issued last week. It came from the most unlikely (and highly credentialed) source. The single greatest fund manager in history said in a Barron’s interview last week: “Oil, energy services, and natural gas can provide triples……” He named no other sector, this is where he[...]

How fast is US oil production slowing?  That is The Big Question that oil bulls are asking right now. That—and some wildly different EIA data—make this question very timely right now. You see, the monthly and weekly EIA oil production data are showing growth at two very different speeds.  The weekly numbers intimate growth is barely slowing[...]