With oil prices nearly 12% higher than they were a year ago, our Chris Johnson's Best in Breed system has identified a couple XOP components that will put money into you pocket…
Profit Alerts
Oil & Gas Alerts
Follow topic
Oil & Gas Alerts
Oil & Gas AlertsGet all of the latest oil and gas news delivered straight to your inbox the moment it's released.
Here's Where Oil Prices Are Headed (and Why There's No Stopping Them)
Start the conversation
Leave a Reply
Saudi Arabia isn't budging on oil prices.
In fact, they couldn't bring oil prices lower even if they wanted to.
Here's where oil prices are headed next...
How to Use Options to Play the Next Oil Wave
Start the conversation
Leave a Reply
Crude oil prices are rising again.
Much to the relief of oil investors.
The rise has been reflected both by the West Texas Intermediate, the benchmark used for futures contracts set on New York, and Brent, the equivalent set daily in London.
As of close of trade Sept. 19 – which happened at 2:30 for oil – WTI was at $71.12 a barrel, the highest since July 10. Meanwhile, Brent closed slightly higher at $79.23.
I have previously addressed the main reasons for why the price is moving up here in Oil and Energy Investor, and for some time now, the supply side of the market balance has been tightening.
Thanks to this, there is something interesting stirring in the oil sector – something that manifested in a recommendation to my Energy Inner Circle premium subscribers just a couple days ago.
Double Your Money Now That the United States Is the World's Largest Oil Producer
Start the conversation
Leave a Reply
For the last 45 years, Russia and Saudi Arabia have dominated global oil production. However, U.S. production is roaring back – and rewriting the international balance in the process.
Last week, the U.S. Energy Department announced that the United State surpassed Russia and Saudi Arabia to become the world's largest oil producer for the first time since 1973.
Double Your Money with the Best Oil Pipeline Stock to Buy
Start the conversation
Leave a Reply
Today, we're going to show you one of the best oil pipeline stocks to buy. Because right now, the crude oil market (and energy in general) is in an extremely bullish trend.
Domestic oil production has reached historic levels, at more than 11 million barrels per day.
And as production rises, demand is increasing for oil pipelines every single day...
This Oil Pipeline Stock Could Jump 116% Thanks to Booming Production
Start the conversation
Leave a Reply
After years of subpar performance, North American Oil Production is back.
According to a report published by the U.S. Energy Information Administration last week, U.S. oil production rose to 10.7 million barrels a day in June.
This is the latest jump in what has turned into a two-year rally for a beleaguered North American oil industry.
One of My Favorite Drillers Is Set to "Strike It Rich" All Over Again
Start the conversation
Leave a Reply
The Delaware Basin in arid western Texas and southern New Mexico used to be a good deal more inviting than it is today.
In fact, around 300 million years ago, when the region was south of the Equator, the area was a lush, tropical reef teeming with Permian life, covered by the warm Delaware Sea, which was part of the ancient Panthalassa Ocean.
Nowadays, the fossilized remains of that reef are exposed in the hot desert air, and the once-aquatic landscape has given way to scrub and the national parklands of Carlsbad Caverns and the Guadalupe Mountains.
The area is also known for its vast, thick deposits of limestone…
… and shale. Virtually endless expanses of oil-rich shale – wellspring of the second American energy revolution.
And one company is in the perfect position to reap the rewards of this ancient treasure...
Here's Why Your Gas Prices Spiked This Summer
Start the conversation
Leave a Reply
The primary summer driving season is over, and Labor Day, the last vacation weekend of the season, is fast approaching.
Travelers are winding down their end-of-summer vacation plans as we head into the autumn, and traffic between cities is lightening.
Normally, this time of year produces a decline in retail gasoline prices as the driving season ends and autumn and winter hibernation begins. And refineries are already switching primary production cuts from retail gasoline to produce more low-sulfur heating oil for the upcoming colder months.
In this 2018 season, the expected adjustment downward is not kicking in as in years past.
So, why are we witnessing an unusual increase in costs at the pump?
American Shale Oil Is Minting a New Class of Millionaires
Start the conversation
Leave a Reply
We've seen the term "disruption" everywhere in the media for the past few years.
Ride-sharing company Uber disrupted the taxi industry. Amazon.com Inc. disrupted most of retail and moved into groceries and streaming services. And when you think about it, Ford Motor Co. disrupted personal transportation a century ago when it replaced the horse and buggy with motor cars.
"X" (Doesn't) Mark the $1.4 Trillion Spot in West Texas
Start the conversation
Leave a Reply
Sailing the oceans in search of treasure is something of a fantasy for a lot of people.
Just imagine it, the gentle rocking of the boat…
Learning the language of the sea…
Manning the big, wooden ship's wheel…
The eventual end goal: finding the buried treasure on the deserted island that you located using the ratty, ancient map with a giant black "X" marking the spot.
Usually this type of imagining involves a hook for a hand, eyepatches, peg legs, and other such pirate accessories.
But it's the buried treasure that's central to this dream.
Unfortunately, in real life, "X" marking the spot is just that… a dream.
There is, however, unmarked buried treasure.
You won't find it in the ocean though...
Start the conversation