What are The Pros doing in the Market? Each quarter I like to interview with a fund manager who I think has his pulse on what’s happening in the energy markets.
Today I’m sharing an interview with Martin Pelletier, one of the principals at TriVest Wealth Counsel in Calgary. I...
How quickly could US shale production grow again if the oil price keeps rising?
I suggest there has been a fundamental change—a bullish change—that will prevent US oil production from rising quickly. It certainly won’t grow as fast as it did from 2010-2015.
That’s because
US production was able to grow so...
2016 Themes
When I look back on 2016, what were the Big Themes? For me, the #1 theme was the same as 2015--Nobody Knows where the oil price was going. We all guessed how much US production would drop (Market was about right), how tight credit would be (much looser...
Research firm Macquarie Equities Research upgraded BlackPearl Resources (PXX:TSX) from a NEUTRAL rating to an OUTPERFORM rating and reduced its target price to C$7.50 a share.
In Part 1 (The Race To Supply LNG), I explained how the Japanese will most likely solve its power shortage, now that there are NO nuclear plants running.
One of the biggest answers is LNG—Liquid Natural Gas—and an emerging LNG technology that is growing around the world... and could be...
What’s the most un-sustainable part of the global energy complex?
Maybe you would say co-ordinated OPEC production cuts.
Or perhaps you would bring up high growth rates of shale producers.
If you talked about the lack of free cash flow among shale producers you would be getting warm…
But for me, when I...
On September 30, Teekay Corporation (TK:NYSE) declared that it entered into an agreement where it will purchase a stake in recapitalized Sevan Marine ASA (SEVAN:OSLO) and buy three floating production storage and offloading (FPSO) units from the Norway-based company.
Even with WTI prices above $70 per barrel, and international Brent crude closer to $80… there really isn’t much geopolitical premium in the oil price yet.
And that’s scary (as in… scary bullish) because war in the Middle East has rarely looked more certain—in two places.
First off, oil prices are...