Can shale oil and gas carry the U.S. to energy independence? The short answer is no, says Credit Suisse (CS) in a September 7 report, but North America as a whole could be energy self-sufficient. CS hangs their thesis on 4 key pegs: 1. Flow rates from oil wells about 25% higher than now,...
North American drivers are now competing with global drivers — and global industry — for cheap American crude. I went on FOX National Business News to explain why that is (click the link at the end to watch the interview.) For starters, keep in mind that driving gasoline is 50% higher...
Is there any common ground in the debate over hydraulic fracturing?  It’s a divisive issue, especially in the U.S., where 90%-plus of all global fracking is done now, pitting neighbor against neighbor. Two weeks ago I wrote about a success story -- How a U.S. Oil Refinery Got Saved -- in which...
What’s the biggest lesson retail investors need to learn to increase profits in these markets? It’s knowing how and when to trade volatility. The professionals say trading volatility really is the only way to make money in a flat to down market, which the energy sector (especially the juniors!) has gone through since...
The North American oil market is going through a fundamental change that will affect the price of oil for the rest of this decade—fast-rising shale oil supplies from North Dakota and Texas. (Other shale oil plays will contribute as well, but none will come close to the revolution happening in...
A decade after hydraulic fracturing, or fracking, started the shale revolution and ended high natural gas prices, another revolution is set to rock the industry—Floating Liquified Natural Gas—FLNG. It’s the leading edge of the natural gas world, and it could impact Canadian and US hopes for huge LNG exports. A...
Will Canadian natural gas producers fill up Canadian storage for the first time ever this year?  And does that mean Canadian gas prices completely collapse to zero? Who decides how much gas a producer can ship to market in that case? Canadian gas storage market is very close to being...
In Part 1, I explained how LNG shippers will be one of the best investments—and THE best way to play cheap natural gas—right through to 2015. A combination of fast-rising demand from Asia and almost no new ships before the end of 2015 will keep cash flows and stock...