Energy Links

Adam Energy

Goldman says expect crude to fall to $70 America’s BTU Balance Sheet ($ Decline no longer huge economic boost) Boone Pickens tells US companies – stop drilling the pace of technological innovation is pricing oil, not Saudi supply Oil will tumble to $70 says new ‘bond king’ and analyst predicts $70 crude The bear case on the US oil boom …

My Recent Energy Purchases – Part 1

Adam Reading

As I mentioned a few articles back, energy have been in deep decline recently. Because I work in the industry, my employment is very much tied to the health of oil and gas as well as a significant chunk of my portfolio (Conoco and Phillips 66) that carries over from stock related compensation in my last job and a significant …

Texas to Allow Crowd Funding for Real Estate

Adam Business, Investing

An interesting way to invest that I’d not heard of before popped up on my radar today (thanks to Swamplot) Per Silicon Hills New, That makes Texas the 13th state, and the largest to date, to adopt its own equity-based crowdfunding rules in advance of the U.S. SEC’s expected national rules. The JOBS Act of 2012 authorized the SEC to create new …

The Great Energy Correction

Adam Investing

Energy stocks are off significantly over the past several months. They range from down 10-20% for majors up to 50% for small caps. The “super-majors” – Exxon (XOM), Chevron (CVX) and Shell (RDS.A) have fared somewhat better, declining in the teens. I thought the following chart from Richard Zeits over at Seeking Alpha. I very much like how Joshua Kennon puts …