Tag: Oil
Which Way Are Oil Prices Headed?
Just two weeks ago I wrote about falling oil prices. Gas prices had crashed below the $2 mark. Oil was trading below $50 a barrel for the first time in months. The inflation threat which built all summer long has disappeared. Now the big concern is deflation and the global economic slowdown. Believe it or […]
Oil & Gas ETFs
I was driving into the office earlier this week. It was like any other Monday. Stop and go traffic was grating on my nerves. I’d already emptied my to-go mug of coffee. The only thing on the radio was blather. To say the least, it was the start of another workweek. Then the news report […]
Oil Prices To Fall Further Despite Production Cuts
Did you see the news today about OPEC? We’re entering a global recession, and they cut oil production by 1.5 million barrels a day. OPEC (Organization of Petroleum Exporting Countries) for those of you who don’t know is a global cartel of oil producing nations who meet regularly to set production levels. They have the […]
Is Ethanol Really A Viable Alternative Fuel?
About 4 years ago I was sitting in a big hotel ballroom. I was attending an alternative energy conference in Washington DC. The movement to new energy technology was just starting, and the conference was still small in size. My job was to identify the most promising companies . . . and meet with their […]
Oil And Ethanol Drive Growth In Brazil
This week WisdomTree launched a series of currency ETFs. I can’t ever pass up the opportunity to research a new security. Especially one focused on international currencies. One of these ETFs is pegged to the Brazilian currency, also called the Real. A few years ago Brazil rocketed to the top of investors’ focus list. They […]
No End To China’s Demand For Oil
Oil prices recently surged to over $120 a barrel. It’s amazing to watch these prices climb and climb. What we’re seeing here is a fundamental shift in the way oil is bought and sold around the globe. Make no mistake about it, high oil prices are here to stay – and they’ll go higher. I’m […]
High Corn Prices Hurt Ethanol Producers
Oil is getting out of hand. $119 per barrel. Who has that kind of money. It won’t be long before we see Gasoline prices over $3.50. Oh, wait, we’re already there! I used to fill my gas tank for $20 and get money back. Now, I fork over $40 and I’m lucky to get enough […]
Short Term Direction Of Oil Prices
Yesterday I had a very interesting conversation with a good friend. He had been following the markets very closely and wanted to know what I thought about oil. With prices now actively trading above $100 per barrel, several market watchers including my friend thought prices were poised to fall in the short term. He cited […]
Profit From High Oil Prices Like A Billionaire
Ever wonder how billionaires make their money? Some inherit it – like the Walton children who became billionaires after the founder of Wal-Mart died. Some billionaires like South American drug-lords make their money illegally. Yet others found and build very successful companies, folks like Michael Dell and Bill Gates. But one type of billionaire – the […]
