Blog > Archive by category 'Oil and Energy'
Oil and Energy

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“Yes, oil is overbought. Yes, oil is going to correct at some stage. But let’s get this clear - it’s not a bubble.” — Dominic Frisby
Blogger’s note: Dominic Frisby had some great commentary on our current record oil prices in a recent Money Morning (UK) message to his subscribers. Dominic is from our London affiliate [...]

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by Ian Cooper, Pure Energy Trader
Baltimore — (TFN): The following was taken from the 60-Second Buzz on TFN. Watch this video.
It was 2001 when Brian Hicks and I developed the Billionaire Boys Club, a simple idea that allowed us to buy and hold the same stocks the billionaires were buying in [...]

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Raising production has not been enough to curb the buying frenzy this spring. Goldman Sachs has warned that prices could reach $200 in a final spike, and even the bears at Lehman Brothers say there may be enough momentum to keep the boom going until Christmas.
It is unclear whether hedge funds and investors piling into [...]

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“Now, Congress has voted to stop adding oil to the national Strategic Petroleum Reserve (which was created in the 1970s to smooth out pricing disruptions and supply problems). Talk about missing the point!” — Keith Fitz-Gerald
by Keith Fitz-Gerald, Money Morning
Baltimore – (TFN): First there was the trillion-dollar pork fest [...]

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“I don’t put a lot of faith in macro predictions — as no one can predict the future. But you can study track records. You can look at history. History reveals some interesting clues about what the future may hold.” — Chris Mayer
by Chris Mayer
Baltimore – (TFN): Has [...]

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“Gazprom is a $239 billion company in terms of market cap. And in one of its latest reports, it bragged that it would surpass Exxon Mobil in revenue by 2014.” — Christian DeHaemer
by Christian DeHaemer
Baltimore — (TFN): Gazprom (OGZPY: OTC) is the world’s largest natural gas company. It holds 17% of the world’s total, and [...]

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“You find an oilfield, it peaks and starts declining, and you’ve got to find another one to replace it. It can drive you crazy. With wind, there’s no decline curve.” — T. Boone Pickens
by Jennifer Yousfi
Baltimore — (TFN): T. Boone Pickens made his fortune in oil. But now the Dallas oilman and famed former corporate [...]

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“We are not in the charity business. Whoever will give me the best price, I will follow him.” -- Abdullah bin Hamad al-Attiyah, Oil Minister of Qatar
by Andrew Mickey
Baltimore – (TFN): Qatar is already taking advantage of this situation. And they’re making no qualms about their motivation: make [...]

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“We saw exactly the same thing with uranium last year, we saw it with wheat, corn and soybeans this year; we saw it with copper, lead, zinc and nickel, we’ve just seen it with rice.” — Dominic Frisby
by Dominic Frisby, MoneyWeek
Baltimore – (TFN): When a commodity or [...]

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by Ian Cooper
Baltimore — (TFN): If you thought T. Boone Pickens’ $125 oil prediction was a shock, CIBC World Markets’ chief economist Jeff Rubin is predicting $200 oil in the next five years. Oil production, says Rubin, will see minimum growth “over the next five years, edging up barely more than 1-million barrels a day [...]

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“What if I said that gasoline prices were headed for the $4 a gallon level, but once they got there, they’d head no higher? Accompanied by that reassuring bit of alleged ‘certainty,’ gasoline at $4 a gallon doesn’t sound quite so scary.” — William Patalon
by William Patalon
Baltimore – (TFN): How [...]

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Baltimore — (TFN): Krista Das: U.S. crude oil hit a record high last week. The June contract began trading over $119.00 a barrel. According to the International Energy Agency, this is higher than the inflation-adjusted peak after the Iranian Revolution in 1980 when considering inflation.
Joining me today is Blue Chip expert Todd Schoenberger who regularly [...]

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“Biofuels have turned out to be a lose-lose-lose proposition. Once touted by the Greens and the biofuel industry as being able to reduce the demand for oil and to reduce greenhouse gas emissions, biofuels have accomplished neither goal and have no prospect of accomplishing either in the foreseeable future.” —Steven Milloy
Blogger’s Note: A year ago, [...]

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“The math is really simple here. We are burning through supplies at a rate that’s four times to five times faster than we’re discovering new reserves. Throw in a few [surprises]… perhaps a terrorist event… and add in the accelerating use of oil and gasoline in Third World countries, and we have [...]

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"Lee seems to have the golden touch. Despite all the talking heads in the world predicting a top to commodity prices, he just keeps finding new ways to make money." — Steve McDonald
by Steve McDonald, TodaysFinancialNews.com
Baltimore — (TFN): The following was taken from the Under the Microscope video on TFN. Watch [...]

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“Well, there we have it… energy crisis solved… right? Wrong. You see, for every good idea and every well-thought-out plan that may work on a small scale, there are always problems on a widespread level.” — Kevin Kerr
by Kevin Kerr, Whiskey and Gunpowder
Baltimore – (TFN): It seems that every [...]

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“If you were running an oil company, what would your number one priority be? Jacking up production, right? I mean, oil prices have just shot up from $50 to $120. And you know that whatever you produce, you’ll sell.” — Andrew Gordon
by Andrew Gordon
Baltimore — (TFN): If you were running an oil company, what would [...]

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“There are 1,000 coal-fired plants scheduled to be built within the next five years. That’s more than enough to keep the supplies tight and to sustain the high price of coal.“ — Andrew Gordon, Investor’s Daily Edge
Baltimore – (TFN): The following was taken from this week’s Market Insights with Krista Das featuring Andrew Gordon, editor [...]

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- 5.3 times the proven reserves of Exxon, Gazprom, Chevron and ConocoPhillips combined…
- Twice the size of Saudi Arabia’s Ghawar oil field…
- The U.S. Department of Energy confirms, “This could increase crude oil in America by billions of barrels.”
- The Billings Gazette says, “The oil field has made millionares out of ordinary Montanans…”
About [...]

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“There’s something very simple and compelling about the number 1,000. That’s how many coal-fired plants are scheduled to be built in the next five years, many of them in China and India.” — Andrew Gordon
by Andrew Gordon
Baltimore — (TFN): We love commodities here at Investor’s Daily Edge. My colleague Rusty McDougal lives and breathes [...]