All Posts Tagged With: "oil"
Don’t Think About White Elephants
Oil rose to $116 yesterday. The Dow gained 26 points. Gold went up too - to $829.
After the biggest spending and borrowing binge in history, Americans need time and money. They need to pay their debts. They need to build…
28Aug2008 | Daily Reckoning | 0 comments | ContinuedSupply and Demand Shape Commodity Markets
The commodity bull market has a long way to go. This bull market is not magic. It’s not some crazy “cycle theory” I have. It does not fall out of the sky. It’s supply and demand. It’s simple stuff.
In the…
25Aug2008 | Whiskey and Gunpowder | 0 comments | ContinuedCrude Oil Prices: Are “Oily Characters” Behind the Move?
My last column on crude oil prices certainly generated a number of “interesting” responses.
If you recall, I mentioned that crude oil’s pullback from a high of more than $147 a barrel in early July was long overdue. With demand decreasing and…
22Aug2008 | Investment U | 0 comments | ContinuedGold and Oil Prices
Correcting Gold and Oil
What’s going on with gold and oil?
Here’s what we know. Prices for both gold and oil were moving upward for most of the spring and well into summer. Then prices hit a peak. Gold touched $980 per…
21Aug2008 | Whiskey and Gunpowder | 0 comments | ContinuedOil Exploration — A Lot of Looking, Not Much Finding
I discussed the short-term weakness in oil prices. Let’s discuss the long term. Oil is headed back up, for all the familiar reasons.
Really, it’s not like anyone is finding new large oil deposits out in exploration land. Indeed, a whole…
20Aug2008 | Energy and Oil | 0 comments | ContinuedREALITY BITES AGAIN
The U.S. had taken advantage of temporary confusion in Russia, during the ten-year-long post-Soviet-collapse interval, and set up a client government in Georgia, complete with military advisors, sales of weapons, and even the promise of club membership in the Western…
20Aug2008 | Daily Reckoning | 0 comments | ContinuedWith OPEC Planning to Cut Production, the Decline in Oil Prices May Not Last
Oil prices have plummeted 24% from the record high levels achieved in July, but the sell-off that sparked a stock-market rally over the last four weeks may not last since the Organization of Petroleum Exporting Countries (OPEC) is already gearing…
18Aug2008 | Money Morning | 0 comments | ContinuedHow Low Will Oil Go?
A few weeks ago, I wrote a column commenting that the price of oil had outstripped fundamentals and was running on fumes. So count me unsurprised that oil has plunged $32 from its high of $147.27 on July 11.
A reader…
13Aug2008 | Investment U | 0 comments | ContinuedFalling Oil Still Gives Us Investment Opportunities
Oil’s Big Run Up and Let Down
On the energy front, we’ve seen several days of declining prices. Oil has led the way, falling from about $146 to $112. Coal and natural gas sold down, as well, as did many energy…
13Aug2008 | The Penny Sleuth | 0 comments | ContinuedUnderwater Mining
Mining the Sea Floor
The Adventures of Tintin is a comic book series started back in 1929. My nine-year-old son loves it. I enjoy reading it along with him because the hero of the series, a young Belgian reporter named Tintin,…
11Aug2008 | Whiskey and Gunpowder | 0 comments | ContinuedNorth Dakota Oil Is “Burning Up The Roads”
As I’ve driven across Canada and down into North Dakota, I’ve been seeing energy everywhere.
The farms are well tended, and the agricultural productivity is awe inspiring. There are wind farms up, and going up, on many a hillside. Power lines…
7Aug2008 | Energy and Oil | 0 comments | ContinuedOil Speculation
The Trendy Pick
The price of almost everything on the planet has been rising. And so has the inevitable talk of a commodities bubble and price manipulation. The discussion has become front and center in global markets around the world as…
5Aug2008 | Whiskey and Gunpowder | 0 comments | ContinuedWhere Is Oil Headed?
The Price of Oil
Oil made two runs toward $150 recently, and failed both times. Now oil is in a retreat. Oil was trading near $121 earlier this week. And it appears that support at that price is crumbling. This will…
1Aug2008 | Energy and Oil | 0 comments | ContinuedWHAT MAKES THE WHEELS ON THE BUS GO ‘ROUND AND ‘ROUND?
Imagine a municipal bus that’s powered by an electric motor, crawling along the crowded streets of Beijing. What does this bus have in common with the Ronald Reagan Presidential Library, in Simi Valley, California?
Or imagine offshore oil production platforms in the…
31Jul2008 | Daily Reckoning | 0 comments | ContinuedChevron Says Hurricane Dolly Evacuation Won’t Affect Company’s Gulf Oil Production
Chevron Corp. (CVX) - the No. 2 U.S. oil company and the most-recent topic of Money Morning’s new “Buy, Sell or Hold” feature - said that a hurricane-induced evacuation of its personnel from the Gulf of Mexico should not hamper production.
Chevron on…
23Jul2008 | Money Morning | 0 comments | ContinuedCommodities Corner: No Rest For The Wicked…Or Gas, Corn and Silver
Welcome to another installment of our bi-weekly round-up of what’s been happening in the world of commodities. Once again, there’s been no shortage of wild action, so let’s get right to it.
Oil Resting For The Moment
The energy markets took a…
22Jul2008 | Smart Profits Report | 0 comments | ContinuedRising Energy Costs and the U.S. Economy
June 2008 was the second worst June in the history of the Dow Jones. The only June that was worse was in 1930, at the beginning of the Great Depression. That’s not exactly encouraging.
Why was June so bad? The dollar…
16Jul2008 | Energy and Oil | 0 comments | ContinuedFixing the Energy Policy is the Number One Priority
Energy Game Day: It’s Time to Suit up and Play
With the price of oil doubling in the past year, there are more fingers being pointed than solutions being offered. Unfortunately, one of the biggest “culprits” garnering much of the blame…
15Jul2008 | The Penny Sleuth | 0 comments | ContinuedOil Speculation: It’s the Energy, Stupid
With the price of oil doubling in the past year, there are more fingers being pointed than solutions being offered. Unfortunately, one of the biggest “culprits” garnering much of the blame has been the oil speculators. Congress has decided to…
9Jul2008 | Whiskey and Gunpowder | 0 comments | Continued




































