Tag: Halliburton (HAL)
Hydraulic Fracturing: Down For The Count?
Hydraulic Fracturing Industry Backed Against The Wall… Did you hear this remarkable announcement? According to an executive at Weatherford International $WFT, one of the largest oil services companies in the world, half of the 40 operating hydraulic fracturing service providers in the US will likely be bankrupt or sold by the end of this year! […]
Hi-Ho… Hi-Ho… Over The Cliff We Go…
Guess what… Washington politicians are taking their sweet time finding a Fiscal Cliff compromise. What? That doesn’t surprise you? … me either. Weeks of partisanship bickering has Congress coming down to the wire. And now, with only a few days left to avert the cliff, investors are clearly getting worried. In fact, once investors realized […]
Look To This Energy Industry For Second Half 2012 Profits…
In case you haven’t heard, US oil production is booming! That’s right, after 30 years of declines, US crude production is back on the upswing. In fact, production’s jumped from 1.86 billion barrels in 2006 to just over 2 billion barrels in 2011… Where’s this new production coming from? Unconventional shale plays like the Eagle […]