The volatility in oil over the last two weeks has been gut wrenching.
But an OPEC deal to limit oil production was reached. The Saudis and the Iranians have always been the stumbling block for such a deal.
Why did the Saudis cave now? I would give two reasons:
Last month they...
Apache’s new High Alpine discovery on the SW edges of the Permian Basin is one of the three most important inflection points in the North American energy market in the last decade.
(The other two are the rise of the oily Bakken play in North Dakota and the gassy Marcellus...
Look at this chart! This kind of visual makes an oil and gas CEO proud when addressing his Board of Directors or shareholders.
Source: Southwestern Energy Corporate Presentation
But despite this beautiful production growth chart--this company has COST investors BUCKETS of money over the past two years.
I’ll explain to you what happened--and how you as an investor...
To say that it is a “buyer’s market” for oil and gas properties would be an understatement. If you want to buy production or land, prices have come down by half in many areas.
This is like going fishing and having the fish swim up to your boat and beg...
I want to show you the true lowest cost natural gas producer in North America.
I’m not exaggerating.
I’m not guessing.
The financial statements make it absolutely clear--this company has the best piece of land on the continent.
That isn’t opinion; the hard data tells me that it is so.
I’m going to run...
Canadian natural gas producers could get a 45-50% reduction in pipeline fees to move gas to central Canada from TransCanada (TRP-NYSE/TSX) on their Mainline pipeline, under a new tolling arrangement they will put to Canada's National Energy Board.
If this goes ahead, it would have a huge (positive!) impact on western Canada's...
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 Offshore Oil Business Is Crippled And It May Never Recover
How badly do oil producers want to transition out of the deepwater and focus on shale? And guess what that means for the global oil price?
Exxon Mobil (NYSE:XOM) just paid Seadrill (NYSE:SDRL) $125 million in cash to get out of its commitment to...