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...
Millions of consumers and investors in North America are wondering how the global oil price and the price of gasoline at the pumps can be going up in the face of rising global oil inventories and no significant increase in demand for anything in the US.
According to Philip Treick,...
North American oil prices could have a sharp--but short term—drop in December 2015.
I outline the signs—in the physical market, and the financial market--that oil storage is becoming full in the US.
There is a simple and easy way for investors to profit from this.
I outline this low-risk trading opportunity...
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...
Oil producers in Alberta have embraced the holy rail, shipping out by train car an estimated 120,000 barrels of oil per day (bopd) to refiners on the east coast and the U.S. Gulf.
Despite rail costs doubling pipeline tariffs, producers were able to get such a better price railing it...
I had a GREAT interview with the SPARTAN team...one of the most successful junior oil and gas teams in Canada in the last 20 years. Rick McHardy and Fotis Kalantzis are now on their 4th iteration, having successfully monetized three previous companies for shareholders.I thought the interview had enough...
By Nathan Weiss and Keith Schaefer
Where is all the oil coming from?
Oil inventories continue to surge, but U.S. production has flatlined for weeks—even months.
I mean really—look at these simple facts that have been staring the Market in the face for months:
Year-to-date (YTD) production in 2015 in the U.S. is...
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,...
