There is only ONE number in the oil price saga that’s important to investors. It’s the same number the Saudis are tracking.
That is: how much did US oil production increase in the last week.
That number is released every Wednesday morning at 10:30 EST in the weekly EIA (US Energy...
American oil production is set for a fast pullback, says Chris Theal, founder and CEO of Canadian energy fund Kootenay Capital.
And that has two important implications
America is now the swing producer in the global oil market.
If the bottom in oil prices wasn’t set Nov. 5, it’s very, very close.
“We...
Here’s a current chart of the oil price you probably don’t recognize:
This is a custom built chart of Canadian heavy oil prices (Western Canada Select--WCS)—in Canadian dollars. (Canadian dollar charts are hard to find!). This chart takes into account the lower Canadian dollar against the greenback. It shows that...
Dropping energy prices—for both oil and natural gas—has investors and analysts checking to see what the break-even price is for oil production in each play in North America.
This is a moving target, and it’s going lower all the time.
And I’m going to tell you The Next Phase of increasing...
Is this downturn in oil prices going to be different for investors? I think it might. In fact, I think North American energy companies have a good chance of withstanding this downfall in prices than any other downturn of the last 40 years.
You wouldn’t know it by looking at...
Here’s a GREAT oil and gas stock: It has
A pristine balance sheet
An ultra-safe 5% dividend yield (represents only a 15% payout ratio)
A price to earnings ratio of only 2.5 times
Sound too good to be true? But it does exist. Just not in North America.
The company I’m talking about is...
Natural gas bulls point to fast increasing exports of cheap US natgas to Mexico to bolster their thesis. Even I was guilty of this last year, when I ran a two part series on this in July 2013.But now I’ve learned this is simply not going to happen—at least...
The LNG (Liquid Natural Gas) countdown is on in Canada. Within weeks, there are three major catalysts happening that could reshape the entire economy and labour market of western Canada.
1. The British Columbia government outlines its fiscal regime for LNG
2. The environmental assessment for the Petronas' LNG facility in Prince Rupert will...
