Why the Collapse in the Price of Oil is Reminiscent of Previous Financial Bubbles
Bubbles all have the same characteristics of unrealistic expectations but are incredibly difficult to recognize until after the effect. Prices in an economic bubble can fluctuate erratically, and…
The blatant injustice of US Government oil policy
If China was dumping a product in the US market, and businesses in the US were not allowed to sell a similar one in the Chinese market, politicians would be up in arms at the injustice of it all.…
The contrarian view in the oil patch is hard to come by these days, here's mine
It's hard to find the contrarian view in the oil patch these days but some of our contrarian observations are: A barrel of oil is worth far more in the U.S. than in other parts of the world. The U.S…
Crude oil in free fall creates long term buying opportunity
I think the sharp drop in crude and the decline in some US centric shale plays creates a buying opportunity. We bought Anadarko, Apache, Continental Resources, EOG, a little Chesapeake and quite a…
Notes from Enercom 2012
First of all men's suits are back in force. Everyone is wearing a suit. My big takeway besides men's haberdashery is that every single company presenting (and there are a lot of them- just about…