Oil Prices

oil prices, oil companies

The Opaque World of Crude Oil The latest EIA stats painted a seemingly bullish picture for North American crude oil right now.  Crude prices have rebounded from the March re-test of the low, US production seems to finally be falling and Cushing storage levels are starting to draw down.  The...
A Blueprint For Small Cap Oil and Gas Investment Success – Part 1 You only make Big Money on mis-understood investments. And now that the oil price has collapsed to the point where there is almost no meaningful cash flow, mis-understood investments are easier to find. That’s because the Market has divided...
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...
(To see Part 1 just scroll down after this article). So how do bankers and energy producers deal with the large amount of debt that is on the balance sheet of almost ALL junior and intermediate producers on the Toronto Stock Exchange (TSX). Both groups are realizing they could be in...
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 This Oil Price "The Big Gap" for Investors? I think investors are in the middle of a Big Gap in oil stocks.  The Leaders have already run so hard they're pricing in $75-$80 oil--so there's not much value or leverage there.  But the Laggards need even higher oil prices...
Some junior oil and natural gas companies with large debts are starting to have their financial problems go public.  See these examples: On February 17, Canadian Superior (SNG-TSX) just had their $47 million loan called by the Western Canadian Bank. Canadian Superior along with partners including British Gas has made...