The Saudis want control of the oil market back, and they are lowering prices to weed out the high cost producers.
But I found a western producer with even lower costs per barrel than the Saudis.
That’s right—someone who beat them at their own game. Just like the Saudis, this company...
Editor's Note: Today's OGIB is the transcript of my recent interview with Peter Byrne of The Energy Report (TER) on a growing debate in North America's Great Experiment: the Shale Revolution, and I also talk about which junior producers I'm keeping close tabs on right now in the oil patch.
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The Energy...
Editor's Note: In 2010, offshore drilling stocks got crushed. A lot of that had to do with the Deepwater Horizon oil spill. But that tragedy also opened the door for investors to buy into big names like Transocean -- at a major discount -- which would later offer opportunities...
Apache’s new High Alpine discovery on the SW edges of the Permian Basin is one of the three most important inflection points in the North American energy market in the last decade.
(The other two are the rise of the oily Bakken play in North Dakota and the gassy Marcellus...
Talk about being on a roll! Everything is now coming up aces for Canadian oil producers.
Christmas has come early this year.
I'll tell you Three Good Things that have happened for these companies.
And perhaps more importantly The One Thing that hasn’t happened.
Early Christmas Present #1 – A Donald Trump Victory
No...
When it gets really cold at home we like to dream of far-off and warmer places we can go to look for oil and gas.
In that regard, Peru is emerging as a real hot spot for Canadian junior exploration companies.
In fact, almost all of South America is hot (literally...
Imagine if you will a street on which there are three identical houses.
I’m not talking about similar houses.
Not houses that look kind of the same.
I’m talking about identical houses.
Built the same year, in the same condition, with the same design and square footage. Even the colors are the same.
If...
Editor's Note: My subscribers often suggest junior oil and gas stocks to me, to which I reply – convince me. Write me a story about why I should care about that stock, and use my regular format.
Two subscribers mentioned – and wrote up – Reliable Energy (REL-TSXv). Reliable Energy is...