Mar
24
Oil at $60 per barrel by 4Q09?
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OPEC officials representing Algeria and Liberia say the new target price for should be around $60 bbl and the majors are withdrawing oil from storage. For thoughts on how these and other weekly events will affect the oil markets, check out my blog at Investor’s Insight.
Mar
3
I’ve been writing about the Obama administration a lot lately, and this week is no different. Washington is planning to levy a massive tax increase against domestic oil companies. For three reasons why this is a very bad idea, visit my blog at Investor’s Insight.
Feb
17
Where market factors converge
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China is stockpiling oil at bargain basement prices. OPEC cuts its demand forecast and signals that another cut in production is not far behind. Japan’s GDP is at the lowest point since 1974. For thoughts on how these factors are affecting our market-driven economy, check out my blog at Investor’s Insight.
Feb
2
Are we poised for an oil price rebound?
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Commodity prices may be stabilizing and repositioning for a rebound. Check out my blog at Investor’s Insight for details.
Jan
22
Market Musings
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It looks like Morgan Stanley and other investment banks think the price of oil is headed back up soon. At least, one would think that’s why they recently purchased 2 million barrels of oil currently being stored on offshore supertankers. For thoughts on how this trend could affect markets check out my blog at Investor’s [...]
Dec
30
Looking forward to 2009
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As 2009 approaches it seems people are eagerly anticipating the new year a little more than usual. It was a good year for EnerMax on the exploration front, but like everyone else we are more than ready to move forward into a more stable demand/supply climate. For thoughts on the challenges and opportunities domestic drillers [...]