Uncategorized

Fiscal Cliff Deal Gives Energy Investors the Chance to Make a Bundle

Marina and I are still here in the Bahamas where our Internet and TV reception has been very sporadic over the past two weeks. It started improving on New Year’s Day, just in time for us to watch our favorite situation comedy. You know the one. It’s called Congress. And after much political jockeying and self-serving speeches from a largely empty floor, the House finally voted to pass the Senate’s stopgap fiscal cliff Band-Aid. Of course, the nation had technically fallen over…

Keep on reading: Fiscal Cliff Deal Gives Energy Investors the Chance to Make a Bundle

Four Timely Moves For The Next Three Crises

As I wrote last Thursday, the aftermath of the fiscal cliff deal requires some restructuring of energy sector holdings. We are currently in a brief period between crises. Nothing was resolved in the eleventh (and a half) hour compromise. The truth is there are still three huge fights on the horizon – revisiting the sequestration (automatic spending cuts) portion of the fiscal cliff, spending versus taxation in the budget, and raising the debt ceiling. All will hit by early March. …

Keep on reading: Four Timely Moves For The Next Three Crises

Where Oil Prices Are Headed In the Face of the Fiscal Cliff

You have heard all the stories of what will happen when the U.S. economy falls over the fiscal cliff. As I write this, it appears that will happen–at least on paper. Of course, it will take some time for the tax increases to kick in, while the automatic spending cuts may take a month or longer. That may make it easier for some Members of Congress to act. Since the taxes will have technically increased, it will be easier for them to vote for an artificial tax cut. I consider …

Keep on reading: Where Oil Prices Are Headed In the Face of the Fiscal Cliff

The Next Big Boom in Energy Isn’t What You Think

As the ongoing debate between renewables and fossil fuels continues, there is a wrong-headed presumption that there will only be one clear victor. But recent trends in the wind and solar age tell us that this conclusion just isn’t so. The truth is both types of energy will be required to work in tandem in order to achieve our energy goals in the future. And – as these developments accelerate – it is in this “new” energy balance that individual investors will find the next big…

Keep on reading: The Next Big Boom in Energy Isn’t What You Think

2013 Oil Price Forecast: Why Oil Remains a "Must-Have" Profit Play Next Year

One of the most important topics we discussed in Moscow last week were the various forecasts of where crude oil prices are likely to be in 2013. These 2013 oil price forecasts were all over the place, owing to the high level of uncertainty on a number of basic elements. According to the Russian Ministry of Energy, or Minenergo, the “official” government estimate has oil prices low – at about $80 a barrel in 2013. However, there were other estimates floating about. The Ministry of …

Keep on reading: 2013 Oil Price Forecast: Why Oil Remains a “Must-Have” Profit Play Next Year

2013 Natural Gas Forecast: Six Bullish Reasons Why Now Is The Time to Buy

Natural gas is developing into a very different market from oil, one that offers plenty of opportunities for investors to make big profits in 2013. There are two contrasting dynamics when it comes to natural gas prices. First, the amount of recoverable volume has been accelerating, thanks to increasing unconventional (shale, tight, coal bed methane) reserves and technological improvements to extract it. A rise on the supply side would generally reduce prices, especially if the number o…

Keep on reading: 2013 Natural Gas Forecast: Six Bullish Reasons Why Now Is The Time to Buy

Now Is The Time to Buy These Oil Refiners and Coal Stocks

Without fail, every year there are January surprises. They occur when investors receive a pop in selected stocks because of the way fund managers readjust their holdings to dress up their fourth quarter performance. These improvements don’t usually last very long. In fact, most investors will see the affected stocks decline back to normal levels by mid- to late-January. But for a few weeks, investors can earn a nice little return as the calendar begins the New Year. This …

Keep on reading: Now Is The Time to Buy These Oil Refiners and Coal Stocks

Are the Russians on the Verge of a Major Arctic Oil Coup?

As I move into the main meetings here in Moscow, something unexpected has joined the conversations on oil prices, European pipeline prospects, liquefied natural gas (LNG) trading scenarios, and the prospects of unconventional shale. That something is venture capital funding. The Kremlin has developed several venture capital funds with potential state-supported investments amounting to at least $12 billion. It may be early yet, but I see signs of where these new efforts may be d…

Keep on reading: Are the Russians on the Verge of a Major Arctic Oil Coup?

The Brewing Shale Gas Energy Boom That Nobody is Talking About

While folks back in the U.S. were sitting down to Thanksgiving dinner, I was making my way back to Frankfurt, Germany from Warsaw, Poland. My discussions in the Polish capital were with the PGNiG, the national state-run gas company and the government’s designated partner in all domestic drilling operations. Unlike my German conversations, there is considerable optimism these days that the energy picture in Poland is about to change in a major way-thanks to shale gas. Poland mu…

Keep on reading: The Brewing Shale Gas Energy Boom That Nobody is Talking About

Fiscal Cliff 2013: For Energy Investors It’s Going to Be Like Fishing in a Barrel

There are 26 trading days and counting until the U.S. reaches the fiscal cliff. That’s how many trading sessions remain before massive (and automatic) tax increases and expenditure cuts take effect. And in the roll up to this non event(more in a moment), oil prices and energy shares have been hit hard. But as you’ll see, it won’t be for much longer. To put some sanity into this overwrought conversation here are three key points up front. First, the cliff will never take p…

Keep on reading: Fiscal Cliff 2013: For Energy Investors It’s Going to Be Like Fishing in a Barrel