Renewable stocks are flying this week on the heels of a big new bill about to pass through Congress.This deal--worth almost half a trillion in spending--is a long-time coming. Democrats have been infighting about a spending bill since last year. Senator Joe Manchin has been the key hold out as...
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...
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...
I'm about to open a small window into the arcane world of oil producers' hedging. There are lots of industry terms you've never heard of....but the bottom line is this:Oil producers routinely write WAY out of the money hedges and pocket a small premium on a situation they know...
The Kirkland Lake Gold (KL:NYSE/TSX) success story is exactly why intelligent speculators like you and I love the junior resource sector.In most sectors a really great stock doubles over a couple of years. In the mining sector, a great stock is a 10-bagger over a couple years. Kirkland Lake...
The Market had its biggest UP day in history Monday, with the Dow up 1294 points, as central bankers around the world committed to liquidity for the Market. That will mean lower interest rates and making more money available to keep the global money flow going! Of course, this was...
Who is saying “America First” when it comes to oil?
OPEC is! And it means US oil stocks—especially in the Permian Basin in Texas--should have a great run in the coming months.
It’s so simple—let me explain.
The rising oil price is now pricing in a production cut of 1 million barrels...
Everyone thinks energy stocks are doing really poorly. But look at the charts of these energy companies—they’re at 52 week highs:
They’re kind of similar aren’t they? That’s because they belong to the same energy sub-sector.
There are three main sub-sectors in energy:
Upstream – the oil and gas producers and service...