Another Shoe Has Dropped… and It's a Big One
I wasn't more than 30 minutes outside of D.C. the other night before my cell phone started ringing.
The calls involved breaking new developments overseas that promise to have a big impact on the global energy markets. They concerned a major global energy situation that is likely to create a domino effect that will have consequences for U.S. domestic policy.To continue reading, please click here...
The Next Best Investments in Oil Come From This Texas Sweet Spot
As I wrote up this analysis of the best investments in oil, a familiar saying came to mind: "Everything old is new again."
A truer statement could not be said about the Permian Basin, which is a geological formation roughly 300 miles long and 250 miles across that stretches across west Texas and eastern New Mexico.To continue reading, please click here...
It's Time to Climb Aboard the Oil-by-Rail Boom
Rail transit is about to make you some big money...in oil.
That's why I'll be headed to Dallas in late August and Calgary mid-September for extensive meetings with all of the key players.
I can promise you, that in a hurry this is going to get a lot bigger.
As it happens, I'll be providing all of the details for average investors to profit from this monumental change.
- Are Higher Oil Prices in 2013 About to Set Off an Inflationary Spiral? With higher oil prices now, does that mean looming inflation? Here’s how this situation is different than before, and how it will affect your money. Read More... Read More...
A Big Time Squeeze for Refineries is About to Begin
After banking some very hefty profits for Energy Advantage and Energy Inner Circle subscribers on refining stocks earlier this year, the entire sector now is about to land "between a rock and a hard place."
Once a high-flying place for investors to earn substantial profits, refiners have been under pressure for the last two months. But that's actually just the beginning of what's to come.To continue reading, please click here...
Why "Deleveraging Markets" Will Drive Up Oil Prices
I’m set to appear on Fox Business Network this afternoon (at about 2:50 Eastern) to deliver this revelation, but you heard it here first.
Recently, I have been suggesting a narrow trading band for both West Texas Intermediate (WTI) and Brent crude in London. They’re trading today at about $96.00 and $103.00, respectively.Read More...
Is Egypt Affecting Oil Prices?
With 'black gold on the rise, is it solely Egypt affecting oil prices, or is there another factor at play?
Oil prices hit a nine-month high this week as the "next Arab Spring" erupted in Egypt. Money Morning Global Energy Strategist joined FOX Business to answer: "Why does this have an impact on oil prices? Is it because Egypt's near oil transport regions?"Read More...
Why the Fed's QE Policy is Bullish for Oil Prices
Recently, I talked about how crude was beginning to occupy a position as a store of market value ("Why Oil Is Becoming the New 'Gold Standard," May 20, 2013). The development has been a direct consequence of the flight from holding gold.
That flight may be tapering and a new floor established for the next major spike by the metal.
The problem is there is no agreement on which direction that move will be...
These days, a sudden improvement in gold prices may only extend as far as hedge funds and institutional investors covering shorts.
Nonetheless, there is an interesting parallel developing between the plight of gold and crude oil prices.To continue reading, please click here…
- Are the "Special Few" Manipulating Oil Prices? Major oil traders profit from artificially created market moves, spiking oil prices. Here's what Dr. Kent Moors found... Read more... Read More...
These Oil Stocks Are the Big Winners in This Year's "Summer Pop"
I have been "in the field" for the past several days and will be back in circulation later this week. But I wanted to send you a note on what's been taking place recently.
The last two trading sessions have seen a spike in oil stocks. The rise has been focused on companies that provide services to early-stage field development, as well as for crude production.
Now, we have witnessed a similar "summer pop" in each of the past three years. It tends to signal a rise in expected medium-term demand for both crude oil and oil products.
However this time around, the improvement isn't reflected in companies across the board, but rather in those emphasizing geographically specific field plays.To continue reading, please click here...
How to Invest in Oil's Final Frontier: The Arctic
Investors searching for how to invest in oil in 2013 should be focused on these latest developments from the Arctic.
In fact, countries are racing to get a piece of what could be the final frontier for oil...
As ice melts in the Arctic region, oil and gas trapped beneath the water becomes more accessible.
Money Morning Global Energy Strategist Dr. Kent Moors recently explained to Money Morning members about the search for Arctic oil and gas.
He spoke about the years-in-the-making U.S. Geological Survey's Circum-Arctic Resource Appraisal. The study found that 84% of the total undiscovered oil and gas left on the planet is located above the Arctic Circle, mainly offshore and in three huge basins that lie under shallow seas.Read More...
- Why Oil Is the New "Gold Standard" As gold loses some of its luster, Dr. Kent Moors explains why crude oil has become a much better reflection of stored market value. Read more... Read More...
Oil Price Manipulation Awakens Libor, Enron Ghosts
Last July, we warned you that oil prices could potentially be manipulated in similar fashion to the London Interbank Offered Rate (Libor), and now a recent raid of major oil companies highlights this growing danger to the $3.4 trillion-a-year crude market.
The European Commission last week stormed the offices of Royal Dutch Shell PLC (NYSE ADR: RDS.A, RDS.B), BP PLC ( NYSE ADR: BP), and Statoil ASA (NYSE ADR: STO) as part of the ongoing investigation to find out whether companies are manipulating oil prices and, if so, how long it has been going on and the possible ramifications.
"The commission has concerns that the companies may have colluded in reporting distorted prices to a price reporting agency (PRA) to manipulate the published prices for a number of oil and biofuel products," the EC said in a statement.
Besides major oil companies, big banks are active in the energy market and would likely benefit from any manipulation, David Frenk, director of research at the financial reform group Better Markets and a former commodities analyst, told CNN.
The ordeal has brought back memories not only of last year's Libor scandal but also of the actions taken 12 years ago by Enron to control energy prices.Read More...