Why the Keystone XL Crude Oil Pipeline Deal Is Far from Done
Late Friday afternoon, the Keystone XL crude oil pipeline cleared one of its biggest hurdles.
In its Final Environmental Impact Statement, the U.S. Department of State concluded that completing the pipeline's northern leg would not have a major impact on global greenhouse gas emissions.It just needs to get past these last political hurdles...
Keystone Pipeline Gets Step Closer to Approval – Which Is Good News for These Investors
Keystone XL pipeline supporters – who have been waiting years for this project to be completed – just received good news from the U.S. Department of State.
The Keystone pipeline is 1,179 miles long and would connect heavy crude oil from bitumen deposits in Canada to the southeastern refining network of the United States. While the southern portion has been built, the northern section requires approval given its cross-border passage.To continue reading, please click here...
The Best "Yardstick" for Picking Oil and Gas Stocks to Buy
As every savvy investor knows, multiples are one of the best yardsticks when it comes to finding undervalued oil and gas stocks to buy.
More often than not, that involves a hard look at the multiple of a company's earnings to determine whether or not a stock is fairly valued.And the best part is, hardly anyone else is using it...
The Five Biggest Oil Investing Trends of 2014
The global oil market in 2013 was dominated by geopolitical disruptions, a huge boom in U.S. domestic production, and double-digit gains for energy investors. Energy stocks rose about 18% in 2013.
This year's gains should be even better, especially if investors follow the five biggest oil investing trends of 2014.
Just look at what's happening in the United States…But the next 12 months could be even better…
What the Fed Taper Means for Oil Prices
And the Dow jumped by almost 300 points.
Now, the taper itself is small to start – just a $10 billion reduction for the month of January. But the announcement was coupled with a pledge to keep the Fed funds rate at zero beyond the 6.5% unemployment threshold.and it's going to change global markets in a fundamental way...
Best Oil Stocks to Buy as U.S. Jumps to World's Top Oil Producer
It's time to look at oil stocks to buy as the United States gets ready to surpass the world's biggest oil producers.
Earlier this month, the International Energy Agency (IEA) reported that the United States will jump past both Russia and Saudi Arabia as the world's top oil producer by 2015.To continue reading, please click here...
Why Oil Prices Are Down
Oil prices slipped below $93 a barrel Tuesday, continuing a downward trend that started early last month.
Last week, oil prices fell 0.76%, logging a sixth weekly decline, the longest string of losses since 1998. Volume also slid, with futures roughly 41% below the 100-day average.To continue reading, please click here...
Oil Stocks: This Disconnect Spells Even Bigger Profits
p>There is something very interesting developing in the oil markets right now.
It's not front page news yet, but it is something that you'll want to keep an eye on – especially if you want to make money with oil stocks.
It revolves around what's called "the spread." In this case it's the difference in price between West Texas Intermediate (WTI) and Brent.
Once again, the price of these two oil benchmarks is moving in opposite directions. The price of crude in New York is going south, while the price in London is heading north.
In fact, as of open this morning, the spread between the two now stands at 15.6% of the WTI price and continues to widen. In the last week, this spread has almost doubled.You need to make your move before everyone else realizes what's happening...
How China's Rise to Top Oil Importer Affects Global Markets
China has surpassed the U.S. as the No. 1 importer of oil, and current indications are that Chinese oil demand will average 1.9% higher annually through 2035.
Money Morning Global Energy Strategist Dr. Kent Moors joined CCTV NewsTo continue reading, please click here...
How to Invest in the World's Biggest Shale Oil Field
The shale oil and gas boom is going global, as we explored Tuesday in Money Morning.
And this means huge profit opportunities for those who know how to invest in this global shale revolution.To continue reading, please click here...