Two catalysts just ratcheted up investor interest in west coast LNG—Liquefied Natural Gas.
One was the re-election of the centre-right Liberal party in British Columbia in May. The second catalyst came in mid-June, when Malaysia’s Petronas announced it wants to spend $16 billion—as fast as government approvals will allow—to ship...
Japan spent US$75.4 billion on LNG last year, paying an average price of US$16.60 per million BTU—while gas prices in the United States averaged just US$2.75. No Japanese politician, economist, or grocer thinks that makes sense. So Asia is trying to lower prices for Liquefied Natural Gas (LNG) as...
Many investors study supply and demand statistics to figure out where they think the oil price is going.
But by far, the biggest factor that determines the oil price is the US dollar, says Donald Dony, who pens The Technical Speculator investment newsletter.
“The US dollar is absolutely pivotal for commodity...
The energy sector is such a typical American-Canadian contrast. It's like the Americans love to shoot guns, and the Canadians love to dodge bullets.
In the USA, the Shale Revolution has turned the American energy industry upside down with huge new supplies of natural gas and light oil.
They have reversed...
The last few months have seen a flurry of E&Ps announcing changes to their business strategy, moving from a growth-through-drilling focus toward an income-and-dividend model.
These companies realize things are changing in the oil patch. Commodity price forecasts are down and investor euphoria over billion-barrel resource plays is fading.
The stocks...
Can the Bakken produce one million barrels a day of oil?
If so, it would join an elite group of oil fields able to produce at that rate. Only six other fields, including Saudi Arabia's famed Ghawar field, have ever topped 1 million barrels per day--they are Burgan (Kuwait), Cantarell...
Dear OGIB Reader,
The leading Canadian junior oil companies are doing whatever they can to create value for their shareholders.
Three of the top junior oil companies in Canada are turning away from high growth and into dividend plays this morning. These are all well-respected, leading junior management teams. One was...
It’s hard to believe how North America’s oil and gas industry—a conservative bastion—has been turned upside down in such a short period of time. And it’s all because of the Shale Revolution.
Look at pipelines. They cost billions, take years to plan, get approvals, sign up committed customers with take-or-pay...
