DOES NEW ENGLAND HAVE A NATURAL GAS DILEMMA?
or....Deep Panuke Part II
By Bill Powers
Part I is here.
Natural gas discoveries in offshore Nova Scotia were supposed to help supply New England with years and years of natural gas supply. But Exxon has already left the area (Sable Island) and Encana’s reservoirs...
Oil stocks traded REALLY well yesterday. You could just say ‘DUH!’ but there’s more to it than that.
Through the day, weakness—what little of it there was—was bought. Stocks opened higher and kept running. Most closed at or near their highs.
The Biggest Gains were reserved for those stocks that had...
Logistics are a bigger piece of the energy pie than ever before—especially rail. Most energy investors are familiar now with the huge rise in crude-by-rail; getting Canadian and Bakken crude to the east and west coast refineries in the United States.
It saved the profit margins for many oil producers,...
African Gold Group (AGG:TSXv AGGFF:OTCQB) is the soon-to-be junior gold producer that will be churning out millions in cash flow, as their Koboda Gold Mine ramps up to 50,000 oz per year, then 100,000 oz per year.
I can’t believe the stock is still trading for pennies – 40 of...
Even though energy stocks have had a great year (up until June! ) they still trade at very low multiples--2-3.5x cash flow. That means the Market is still seeing this sector as VERY volatile. But huge Q2 profit numbers out of EVERY sub-sector in energy (oil, gas, refiners,...
US natgas prices have been trading near or above $9/mcf for a week now, while Canadian natgas prices actually hit ZERO for a short time recently—and on the main AECO benchmark no less!ZERO, as in $0.00. How can that happen you say, in a North American market...
I see Gold as a great place for capital gains for at least the next two years. I’m positioning me and my subscribers in junior producers that can generate big jumps in cash flow and resource size over that time.
Gold is benefiting from MANY trends right now
Negative interest rates...
It’s quite plausible that The Biggest Winner in Donald Trump’s America First energy plan is--Canadian heavy oil producers.
In Trump’s “An America First Energy Plan” he laid out his vision for the country’s energy policies going forward. This plan had seven key points:
Make America energy independent, create millions of new...