Will Occidental Petroleum’s $2 Billion Permian Be Any Better Than The Company’s Disaster In The Bakken?
Occidental Petroleum (OXY-NYSE) just paid the highest price per acre in Permian Basin history at $50,000 per acre to get into that play—and that’s after backing out production.
Shareholders had better hope that turns out...
Who said Chinese commodity demand was dead?
Through the first three months of 2016 China imported 75.2 million gallons of ethanol from the United States. That is more ethanol than the 70.5 million gallons China imported from the US for all of 2015! Ethanol is used around the world as...
The Last Big Revolution in Energy in the 2000s was underground—The Shale Revolution.
The Next Big Revolution in Energy is above ground—The Smart Grid, and the Internet of Things (IoT).
What is a Revolution? It’s where disruptive change comes into a market, creating Big New Winners.
And that’s happening now with the...
By Bill Powers
Winter started late, destroying demand for natural gas in America.
Natural gas storage touched record levels at the end of the refill season.
NYMEX Henry Hub futures briefly traded below $2 per MMBTU and have staged only a modest rebound with the onset of colder weather.
Dozens of North American...
Meet the Energy CEO's—for FREE—in Toronto on Saturday, March 5
One of the most difficult jobs of the year is selecting the companies to present at the Subscriber Investment Summit (SIS). It’s because we want the best companies possible there.
Companies like Canamax, which was bought out for a near double...
Many small exploration and production (E&P) companies could still be worthless even if oil prices rise next year according to RBC Capital Markets. RBC’s recent energy note—Surviving The Downdraft--looked at the prospects for 29 US and Canadian small cap stocks.
They are what I call The Zombie Stocks—The Walking Dead. ...
Oil moved up sharply at the end of last week--so maybe now the media will start paying attention to a fact it has so far ignored--the fact is that U.S. oil demand has SOARED in 2015.
The sheer magnitude of the American oil demand increase by itself has to have...
Murphy’s Law Is Alive And Well In The Canadian Energy Patch
Despite oil being up today, it's ugly for E&P companies across the globe. But I think Canadian producers have been hit with Murphy's Law worse than anyone.
After a decent Q2--because of the low Canadian dollar and forest fires reducing...
