Tag: Energy prices
The crude market is making Uncle Sam pay
Published on June 11, 2009
Oil prices continue to rise. Will the trend top out anytime soon or are triple-digit prices going to become a reality once again? The news is not good.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It is the worst fear of nearly every American economist; the global economy gets back on its red-hot track and the [...]
The grasshopper needs a bailout
Published on February 24, 2009
Our elected officials are doing all they can to increase regulations and government dependency. Citizens in one state are cursing the action, while folks in another have no idea what is about to happen.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): As the nation’s economy digs itself further and further into a nasty, painful recession, the [...]
Bernanke steals OPEC’s power
Published on December 17, 2008
OPEC is meeting to discuss a major production cut. It’s goal is to boost prices back to the $75 level it deems fair. What it does not realize is the Federal Reserve has much more power than the cartel could ever dream of. Prices may rise, but it will not be because of an OPEC [...]
Oil and Russia: Check out the Market Vectors Russian ETF (RSX)
Published on November 20, 2008
Energy prices are plunging. Some of us love to see the decline. But countries like Russia and everybody in the OPEC cartel are counting pennies that were once dollars.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I hate it when my day gets off to a rough start. One early-morning hitch tends to set off an [...]
Oil nears $50: Is this a buying opportunity?
Published on November 6, 2008
Energy prices are in play. European interest rates are falling and taking crude prices with them. Companies all across the energy sector, like Peabody (NYSE:BTU) and Massey (NYSE:MEE) have seen their prices slashed. This is a great buying opportunity.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): This is turning out to be a big week for [...]
Vote for your portfolio
Published on November 3, 2008
We are down to the last 48 hours of a presidential campaign that started over four years ago. Now, it seems the more we learn about Obama, the more the nation fears him. It is a shame we do not have more time.
By Andrew Snyder
Baltimore – (TFN): I did my part. After watching the political [...]
Buy LINE, KMP, PBT, EPD only when the Cramer frenzy is over
Published on October 3, 2008
Jim Cramer’s recommendation of four dividend yielding oil and natural gas players will give the stocks an artificial high. Avoid Linn Energy (LINE), Kinder Morgan Energy (KMP), Permian Basin Royalty Trust (PBT) and Enterprise Product Partners (EPD) until the dust settles.
by Stephanie Grimmett
Baltimore — (TFN): Look for strong jumps today in Linn Energy (NASDAQ:LINE), [...]
Attack on prosperity: How Speculators Are Causing the Cost of Living to Skyrocket
Published on June 13, 2008
major investors turned their attention to the commodities indexes, investments that promised substantially higher returns than investing in the stock market. The more the funds invested, the higher the prices went, especially since the market for speculative commodities securities is very small. Even minor shifts in the portfolios of large mutual funds can quickly drive up the price of oil.
Mineral Rights: Landowners are getting rich
Published on April 29, 2008
“All of this action is happening because of new technology that allows drillers to more efficiently access the trillions of cubic feet of natural gas trapped inside the area’s Marcellus shale formation. If tapped, this area could be producing 15% of the nation’s natural gas by 2012.” – Andrew Snyder
By Andrew Snyder
Baltimore (TFN)– With [...]