By Bill PowersOne of the little spoken truths of the shale gas industry over the past three years has been that most of America’s gas fields are now experiencing production declines with one large exception: the Marcellus Shale in Pennsylvania.And that narrow reliance on one play gets even more...
The 50% oil price drop is headline news. In the media it has been called a plummet, free fall, dive and every other sensationalistic word for large decline you can think of.
It has been impressive, but for some even better fireworks you really need to look at stock prices...
There’s a race going on in the oilpatch now to the bitter end—the end of the year.
And it’s not being driven by economics. It’s being driven by the REAL currency in the oilpatch:
Reputation.
The energy market is cyclical and all the veteran producers and bankers of the oilpatch know this.
Each...
Alberta Gas - All Dressed Up and No Place to Go?
By Chris James, CFA
Canadian natural gas prices could drop by well over half in 2015 as new pipelines allow very cheap Marcellus gas to flood North America says a November 4 report by Canadian brokerage firm Macquarie Securities.
The report--titled...
Natural gas bulls point to fast increasing exports of cheap US natgas to Mexico to bolster their thesis. Even I was guilty of this last year, when I ran a two part series on this in July 2013.But now I’ve learned this is simply not going to happen—at least...
The LNG (Liquid Natural Gas) countdown is on in Canada. Within weeks, there are three major catalysts happening that could reshape the entire economy and labour market of western Canada.
1. The British Columbia government outlines its fiscal regime for LNG
2. The environmental assessment for the Petronas' LNG facility in Prince Rupert will...
How do you invest in the weather? When it comes to weather, what’s bad for natural gas is good for ethanol. These two commodities are almost exactly opposite trades each summer.Hot weather--especially on the populated east coast--makes for lots of air conditioning demand in North America, which increases natural...
By Donald Dony, Editor www.technicalspeculator.com
Energy sector swings to performance
As the bull market starts its 6th year and the 3rd longest advance since 1920, we see several signals that are common to the later phase of a mature market.
The first is the relative performance shift out typical bull market sectors...