Bakken oil production has already declined in 2015. There is compelling evidence that this decline is going to accelerate significantly in the next couple of months.
If that happens the recovery we have seen in oil prices in recent weeks is also going accelerate.
Being as the market likes the fact...
Why Exxon Mobil Is Important for Retail Investors
Exxon's trading symbol is XOM:NYSE. At various times it has been the largest (non-sovereign) company in the world, depending on its share price. And it certainly one of the most profitable - in the quarter ending Dec 31/08 (Q4, for short), Exxon...
Sector Diversification: Target Oil Sands
Just about everybody on Earth ought to know by now about the oil sands are a vast and virtually limitless supply that's going to backstop North American energy security for a century or more.
But for all the hype and hoopla, surprisingly few investors...
I don’t think I’ve read a more unbelievable statistic.
Can Bloomberg really only use FOUR people to generate one of the most watched oil estimates in the world—a number that moves billions of dollars each week?
A report from Canadian brokerage firm RBC Dominion two weeks ago suggests that that is...
I became a believer in this oil price move on Wednesday, when a bearish weekly report came out from the EIA—the US Energy Information Administration.
US production was up and inventories were up—everything about that report was bearish. The oil price only dropped for an hour, maybe 90 minutes, then...
I am busy writing my first issue, but wanted to make a couple quick comments on the oil and gas markets. The market is divided on whether this rally can continue, in both the Dow Jones and in oil. For the Dow, I see sentiment shifting from a "Sell...
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...
Murphy’s Law Is Alive And Well In The Canadian Energy Patch
Despite oil being up today, it's ugly for E&P companies across the globe. But I think Canadian producers have been hit with Murphy's Law worse than anyone.
After a decent Q2--because of the low Canadian dollar and forest fires reducing...
