For the first time since 1949, the U.S. is a net fuel exporter Growth in health-care spending is near a record low The biggest contributor to the budget deficit over the last decade wasn’t stimulus spending, the Bush tax cuts, or two wars. It was tax evasion …Read More
No Comments » If you rely on natural gas for heating your home, you’re in luck this winter. Yet again, consumer natural gas prices are headed downward. This trend is not new. For the last 4 years gas prices have felt the pressure of excess supply. The reason for the supply glut is the result of a revolution that is occurring in gas exploration. A relatively new drilling technique commonly refereed to as fracking (horizontal drilling conducted by
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In 2010 the world consumed about 88.2 million barrels of oil per day–2.7 million barrels per day more than in 2009. Whether you look at the incremental increase in demand or the percentage gain, oil demand in 2010 increased at the second-fastest pace in 30 years. Much of this rebound stemmed from the snap-back in consumption that followed the severe 2008-09 recession. But the magnitude of this recovery took many analysts and industry participants by
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Canada is sitting on the second-largest reserves in the world. When you’re talking about oil investing, you’re really talking about the oil sands in Canada. We have 179 billion barrels of reserves here; 175 billion—the lion’s share—are in the oil sands. The beauty of investing in oil-sands assets right now is that they’re cheap. Oil is trading roughly in the $80 to $90 range right now, but the equities are discounting $70 oil…READ MORE.
Shell’s chief strategist, Harry Brekelmans, has positive projections for oil prices despite recent volatility.
In less than a decade the amount of oil and natural gas discoveries throughout the continental U.S. has led many to rethink the potential and possibilities of U.S. domestic energy production. While the headlines may focus on ‘green’ energy technologies, the real change is coming from places like North Dakota where huge deposits of oil and natural gas have recently been discovered. For any investor or interested observer, I would highly recommend you read the
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What you will find inside… Model investment portfolio A perspective on the market Investor guidance in wake of a regulation shift Timely personal finance advice September 19, 2011 Newsletter Do yourself a favor and give it a read today.
In the wake of the latest market correction I would recommend investors revisit Exxon Mobile (XOM) and Chevron (CVX), if they have given the slightest thought of buying either company. Both major oil producers are in stable industries with very deep entrenched businesses around the globe. Energy is needed by everyone in every country and these companies have the capital and network to provide what is demanded. I particularly like XOM & CVX right now
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American Airlines announced a record-setting order for new aircraft today, and it shows where the airline industry is headed. The Dallas-based company will buy 460 planes from Airbus and Boeing, with options for another 465. The massive order comes as airlines rush to reduce operating costs by replacing their aging fleets with new, more fuel-efficient aircraft. The order brought with it an announcement from Boeing on the fate of the 737, which will be updated
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If you’re the least bit familiar with Master Limited Partnerships (MLPs), you know that they have a funny quirk to them; they annual provide you with a strange tax form called a K-1 schedule and at times can require you to pay taxes to the states the MLP operates in. If these factors pose enough trouble to drive you away from such an investment, an alternative exists. The reason why MLPs are quite popular is
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