As many of you know, I live in Houston. While most of the country is celebrating lower prices at the pump, the companies in this town are cutting budgets, lowering forecasts, and worst of all, laying off massive numbers of people. The stories are always heartbreaking and you never want to see somebody lose a job, but I also keep …
Energy Links
Saudia Arabia’s Oil Strategy (Business Insider) Finding Value in the Oil Sector (Valuewalk) Why US output continues to rise as prices fall (Bloomberg) Conventional Wisdom on Oil is Always Wrong (538) Oil Investor bet wrong on bottom (Bloomberg) Great Primer on NGL Frac Spread (Energy Harbinger) Rig Count Drops, Oil Companies Employment to decline and here (Calculated Risk) This time is different …
Energy Links
More on pricing, here, here, here, here, here, here Struggles in shale, here, here, here, here and here Sheiks vs Shale Oil price plunge raises Mexico energy reform concerns A glut of oil and future supply growth Crucial Energy Facts and more great energy charts (great visuals) BHP and Rio Tinto to move to dominate copper BP expects to incur …
Another Energy Roundup
The Mexican Revolution but see Mayhem in Mexico City More on oil prices, here, here, and here COP sees progress in Africa Lifting the US energy export ban Shale economics Middle East can’t win price war Jeremy Grantham – Beginning of the End of the Fossil Fuel Revolution What bourbon producers can teach the oil industry The Keystone XL pipeline …
My Recent Energy Purchases – Part 2
As I wrote about here, I believe large cap energy has a lot of value, and I outlined my new position in BP. I mentioned a few articles back, energy have been in deep decline recently and has gone down even more since the OPEC meeting Thursday. Almost all energy names have slide considerably across the board, so I’m now …
Get some more Energy Links
Oil Prices – and here and here and here and here Halliburton to buy Baker Hughes Oil and Water (N. American energy revolution) Private Equity bets big on oil and gas revolution Oil-Glut Spurs Further Losses America’s Uneven Boost from Cheaper Oil Falling Oil Prices Middle East Impact GOP Takeover of Senate puts crude export ban in focus The real …
Energy Links
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 …